https://knews.kathimerini.com.cy/en/news/greek-cypriots-bring-in-millions-in-food-and-fuel-purchases-says-t-c-newspaper
Turkish Cypriot newspaper "Kibris" claims that thousands of Greek Cypriots visit the occupied territories every day to shop for fuel and food, which, thanks to the exchange rate, is much cheaper than in the controlled areas of the Republic....
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/eac-this-is-how-corrections-will-be-made-on-erroneous-accounts
Since errors in electricity bills were discovered, the Electricity authority has received thousands of Viber and WhatsApp messages and emails with photos and meter numbers from panicked consumers trying to report the problem on their own bills....
https://knews.kathimerini.com.cy/en/news/prices-of-consumer-goods-and-services-recorded-a-10-annual-increase
The harmonized consumer price index recorded in July an annual increase of 10.6%....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/unlike-the-concorde-supersonic-travel-is-coming-back-faster-quieter-and-greener
Supersonic air travel has always messed with the concept of time. Such as being able to fly across the Atlantic and land before your scheduled departure time....
https://knews.kathimerini.com.cy/en/news/cyprus-maintains-low-vat-and-consumption-tax-on-fuel
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement....
https://knews.kathimerini.com.cy/en/news/fuel-a-whopping-60-more-expensive-in-2022
Cyprus Minister of Health, Michalis Hadjipantela, is in contact with his counterparts in neighboring countries, asking them to supply Cyprus with vaccines for monkeypox, the Minister's Communications Advisοr Konstantinos Athanasiou told CNA....
https://knews.kathimerini.com.cy/en/business/inflation-in-cyprus-creeps-close-to-11-in-july
Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reaching 113.63 units compared to 112.24 units in June 2022....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/news/greek-monuments-to-go-dark-in-winter
After this summer, it is highly likely that streets could become a little darker, historical monuments no longer bathed in artificial light throughout the night and households could face periodic outages, Environment and Energy Minister Kostas Skrekas warns....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/business/the-us-has-plunged-into-recession
The US has plunged into recession as soaring inflation hammers the world’s largest economy....
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/news/oil-and-gasoline-sales-decreased-in-june
A total decrease of 6.8% was recorded in the sale of petroleum products in June, falling to 55,061 tons. Total sales of gasoline for June were down 5.9 percent, while diesel sales were down 10.4 percent, according to statistics released by the National Bureau of Statistics on Wednesday....
https://knews.kathimerini.com.cy/en/news/ukraine-grain-export-coordination-center-opens-in-istanbul
Turkish Defence Minister Hulusi Akar on Wednesday unveiled a center in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days....
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/news/why-heat-waves-are-increasingly-hitting-europe
Record high temperatures in many Western European countries, with record highs in Britain, France, Germany and elsewhere, as well as persistent prolonged heat in the Iberian Peninsula, are the culmination of a long upward trend in Europe's summer temperatures this year....
https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
https://knews.kathimerini.com.cy/en/news/i-had-warned-them-that-the-turks-were-getting-ready
It wasn't a matter of instinct, he didn't accidentally smell impending danger. The facts spoke for Alexandros Simioforidis and he could not ignore them. ...
https://knews.kathimerini.com.cy/en/news/high-winds-as-wildfire-rages-near-athens
A Greek wildfire fueled by gale-force winds raged in the mountainous region of Penteli near Athens on Tuesday, prompting authorities to order the evacuation of at least four areas and a hospital...
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-increased-by-9-in-june
The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....
https://knews.kathimerini.com.cy/en/news/sri-lankan-president-flees-country-amid-devastating-economic-crisis
Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....
https://knews.kathimerini.com.cy/en/news/eac-electricity-rates-to-be-increased-by-24
The Cyprus Electricity Authority's pricing plans are expected to be approved by the Cyprus Energy Regulatory Authority in the coming days, EAC spokesperson Christina Papadopoulou told CNA on Tuesday....
https://knews.kathimerini.com.cy/en/news/inflation-edges-closer-to-double-digits-in-june
Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/government-takes-steps-to-break-cyprus-reliance-on-fossil-fuels
The government today took steps to break Cyprus’ reliance on fossil fuels....
https://knews.kathimerini.com.cy/en/news/technical-school-students-convert-car-into-electric-vehicle
With €25,000 worth of funds donated by the Transport Ministry, students from the Technical School in Nicosia converted a 1971 VW Beetle into an electric vehicle and presented it to the Transport Minister Yiannis Karousos. ...
https://knews.kathimerini.com.cy/en/news/minister-urges-traveling-cypriots-to-fly-off-peak-months
Cypriots are being asked to postpone summer travel during the pick season in order to ‘help not only themselves but also the airlines and airports,' after a crisis in the aviation industry made a crash landing in Europe...
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
