https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-energy-shock-is-cyprus-opportunity
The crisis triggered in Europe by Russia’s invasion of Ukraine stands as the most severe since the 1970s. It was driven largely by Europe’s heavy dependence on Russian natural gas, which disrupted about 45% of demand....
https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system
A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...
https://knews.kathimerini.com.cy/en/news/man-caught-in-the-act-during-suspected-home-burglary
A 45-year-old man was arrested in the early hours of Monday after police found him inside a residence in Nicosia while responding to a reported break-in....
https://knews.kathimerini.com.cy/en/business/fuel-subsidy-falls-short-at-the-pump-consumer-group-says
A fuel subsidy introduced by the government to ease the burden of rising prices was not fully reflected in what consumers ultimately paid at the pump, according to findings from the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/government-approves-€250-easter-support-for-low-income-pensioners
The government has decided to provide a one-off Easter payment to pensioners with limited income as part of its broader effort to support vulnerable groups....
https://knews.kathimerini.com.cy/en/news/cyprus-signals-new-economic-support-measures-while-reinforcing-defence-capabilities
President Nikos Christodoulides has indicated that the government is prepared to introduce additional measures to protect households from the economic effects of the ongoing crisis in the Middle East, while also reaffirming its commitment to strengthening the country’s defence....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay
A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....
https://knews.kathimerini.com.cy/en/news/owe-social-insurance-new-repayment-plan-could-offer-thousands-a-financial-lifeline
Thousands of workers, freelancers and small business owners struggling with unpaid social insurance contributions could soon get a second chance to settle their debts, without immediate legal consequences....
https://knews.kathimerini.com.cy/en/news/cat-goes-missing-during-airport-transfer
Bibi, a male cat blind in one eye, vanished during an international flight from Larnaca Airport with a stopover in Athens, sparking outrage among animal lovers and raising serious questions about how pets are handled in transit....
https://knews.kathimerini.com.cy/en/news/cyprus-intelligence-can-now-wiretap-without-court-s-green-light
Cyprus’ parliamentary legal affairs committee has agreed on a new framework for phone surveillance, aiming to balance national security needs with citizens’ rights, but not without controversy....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/news/cablenet-powers-up-giga-internet-5g-unlimited-and-hbo-signal-a-new-era-for-cyprus-connectivity
Cablenet Communication Systems PLC has recently announced its financial results for the year ended 31 December 2025, reporting revenue of €69.7 million....
https://knews.kathimerini.com.cy/en/news/€200m-support-package-launched-to-help-cypriots-weather-crisis
The Cypriot government rolled out an eight-part support package Monday aimed at helping households, businesses, and farmers weather the economic impact of the ongoing war in the Middle East....
https://knews.kathimerini.com.cy/en/news/government-to-roll-out-economic-support-measures-today
President Nikos Christodoulides is expected to announce a new package of economic support measures Thursday aimed at helping businesses and households feeling the financial ripple effects of the war in the Middle East, as rising energy costs and prices continue to weigh on the island’s economy....
https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/eac-rolls-out-energy-saving-push-by-offering-€20-led-vouchers-for-every-home
The Electricity Authority of Cyprus (EAC) Supply has announced the rollout of the second phase of its energy-efficiency initiative, extending €20 vouchers for LED lighting to all residential customers....
https://knews.kathimerini.com.cy/en/news/health-insurance-organization-overpaid-€150-million-in-duplicate-claims
An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...
https://knews.kathimerini.com.cy/en/news/no-clear-leader-as-polls-shake-up-cyprus-election-race
Political parties are increasingly moving to the rhythm of opinion polls, both public and private, as Cyprus heads into the final two months before voters go to the ballot box....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure
As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....
https://knews.kathimerini.com.cy/en/news/business-as-usual-for-easter-travel
Cypriots will be packing their bags this Easter season as well, even in wartime conditions, carrying a small dose of uncertainty and insecurity. This year’s Easter, which falls on April 12, finds Cypriot travelers facing a different international environment...
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/invest-cyprus-participates-in-roundtable-event-in-new-york
Invest Cyprus participated yesterday, 19 March 2026, in New York in a breakfast roundtable event organised in collaboration with FT Locations and fDi Intelligence, marking the second event in the series following the launch of the collaboration in London last month. ...
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-racing-to-launch-first-english-language-undergraduate-program-in-2026
The University of Cyprus is working against the clock to offer its first English-language undergraduate program starting with the 2026 academic year. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-launches-world-of-needs-strategic-re-orientation-of-the-non-food-range
The aim is to intuitively guide consumers through six clear thematic worlds, establishing Lidl as a leader in categories such as household goods, tools, toys, fashion, sports, and leisure....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/ancient-cypriot-jug-returns-home-after-online-auction-intervention
A rare Cypriot antiquity dating back nearly 2,700 years has been successfully repatriated from the United Kingdom, marking another important step in the ongoing effort to combat the illicit trafficking of cultural heritage....
https://knews.kathimerini.com.cy/en/news/gunfire-targets-two-homes-in-ayia-napa
Authorities in the Famagusta district are looking into a shooting incident that targeted two residences in Ayia Napa during the early hours of Thursday....