https://knews.kathimerini.com.cy/en/comment/opinion/prison-ceos-and-billion-euro-blunders
We’re the only country where prisoners run legitimate business ventures, and we even pay guards to watch over them and give extra ''security'' for their little enterprises. ...
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech
The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-dramatic-water-shortage-as-dam-levels-drop-to-11
Cyprus is facing a worsening water crisis, with dam reserves down to just 11% of capacity, about 33 million cubic meters, compared to 27% last year, officials told Parliament’s Agriculture Committee on Tuesday....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/business/yet-another-private-clinic-to-open-in-cyprus
Cyprus’s private healthcare sector continues to grow, with plans underway for a new clinic in the heart of Strovolos. The Environmental Authority has approved the construction of the Phoenix Medical Center, owned by PSV Phoenix Holdings LTD, signaling continued investor confidence in the sector....
https://knews.kathimerini.com.cy/en/comment/opinion/history-repeats-itself-as-a-travesty
In the late 1980s and early 1990s, the internet revolution was just beginning, and every country was racing to connect through data cables. Cyprus decided it did not want those cables to have a landing point here to protect Cyta’s monopoly....
https://knews.kathimerini.com.cy/en/business/four-lane-road-and-green-spaces-worth-€40-million-planned-for-paphos
The road expansion project for Tombs of the Kings Avenue to Coral Bay is moving ahead, with the tender expected to be announced in the first quarter of 2026, according to the Department of Public Works....
https://knews.kathimerini.com.cy/en/news/medochemie-invests-in-a-sustainable-future
Medochemie, Cyprus’s leading pharmaceutical company, is strengthening its commitment to sustainable growth by taking another significant step towards a greener future. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-risk-is-not-only-geopolitical
The Cyprus-Crete electricity interconnection cable is full of thorny issues that, until resolved, would be better off out of the headlines. The project is making news for all the wrong reasons....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/business/finance-minister-warns-gsi-project-may-be-infeasible-making-its-funding-risky
Finance Minister Makis Keravnos has raised concerns about the GSI electricity interconnection project, saying there is a risk if the government provides funding. He added that some studies suggest the project may not be viable....
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-kind-of-human
Evidently, there has always been a generation gap. It is entirely natural that younger people are born, come of age, and operate in environments that are slightly, considerably, or even radically different from those in which their parents and grandparents lived and were nurtured....
https://knews.kathimerini.com.cy/en/news/financial-strain-and-governance-concerns-top-citizens-worries-in-cyprus
Price hikes and corruption set the agenda with 70% of respondents saying they are little to not at all satisfied with the performance of the current government....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-the-67-million-cybc-and-cat-neutering
A bombshell statement from Chrisis Pantelides: some people pocketed money and handed the project to the Chinese! Wait, does he mean Cypriots?...
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-the-prince-odysseus-and-the-adiko
We installed air conditioning, only to realize the obvious: it won’t work until the schools’ electricity infrastructure can handle the extra load. In other words, we put the cart before the horse but still blame the poor horse and even whip it....
https://knews.kathimerini.com.cy/en/business/fresh-vegetable-prices-surge-in-august-while-seafood-prices-fall
Prices for fresh vegetables and greens skyrocketed in August, rising nearly 50% from the previous month, according to the Consumer Goods Price Observatory....
https://knews.kathimerini.com.cy/en/business/working-from-home-cyprus-employers-will-pay
Starting Nov. 1, employers in Cyprus will have to pay a minimum amount to cover their employees’ home office costs, like internet, electricity, and equipment. The rule will apply to both private companies and public sector workers, where teleworking has been allowed since 2023....
https://knews.kathimerini.com.cy/en/news/net-metering-applications-open-through-year-end-energy-minister-says
Applications for Cyprus’ net metering program for rooftop solar panels will be accepted until the end of the year, said Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-vows-to-end-cyprus-s-electricity-isolation
European Commission President Ursula von der Leyen announced plans to address critical energy bottlenecks, including Cyprus’s limited electricity links to continental Europe....
https://knews.kathimerini.com.cy/en/news/valuable-water-supply-in-paphos-locked-away-amid-red-tape
A newly drilled water well in Agia Marina Chrysochous, capable of providing tens of thousands of liters of water per hour, has sat unused for nearly three months due to a dispute between local authorities over who is responsible for its operation....
https://knews.kathimerini.com.cy/en/news/what-today-s-general-strike-means-for-you
Cyprus is bracing for a nationwide strike Thursday after last-ditch talks failed to resolve a standoff over the cost-of-living allowance (ATA)....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/news/vasiliko-delays-keep-cyprus-stuck-with-sky-high-power-bills
Cypriot households already struggling with some of Europe’s highest electricity bills are being told they’ll have to wait even longer for relief, as delays and political wrangling over the Vasiliko energy project threaten to keep prices high for at least three more years....
https://knews.kathimerini.com.cy/en/news/greece-to-cyprus-make-up-your-mind-on-energy-link
Greece is pressing Cyprus to make up its mind about a major electricity project linking the island to Greece and Israel, after Cypriot Finance Minister Makis Keravnos publicly questioned whether the multibillion-euro plan is financially viable....
https://knews.kathimerini.com.cy/en/business/attorney-general-no-national-investigation-on-vasilikos-while-eppo-probes
Attorney General Giorgos Savvides said Wednesday that national authorities in EU member states cannot launch criminal investigations into the Vasilikos liquefied natural gas (LNG) terminal while the European Public Prosecutor’s Office (EPPO) is conducting its own inquiry....
