https://knews.kathimerini.com.cy/en/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict
The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....
https://knews.kathimerini.com.cy/en/news/iea-releases-record-oil-reserves-but-cyprus-may-still-face-rising-fuel-prices
A record release of emergency oil reserves by the International Energy Agency (IEA) is meant to calm global markets shaken by Middle East tensions, but experts warn the move may not be enough to prevent higher fuel prices in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-safe-shelters-are-anything-but
The organized creation of public shelters in Cyprus began in 1999, when legislation was introduced requiring that public buildings include underground spaces that could serve as shelters in emergencies. ...
https://knews.kathimerini.com.cy/en/comment/opinion/half-a-million-a-month…for-a-boat-that-doesn-t-move
Half a million a month. That’s what the Cypriot taxpayer is shelling out for the floating platform Prometheus, currently anchored, or, if you ask the cynical, stranded, somewhere off the coast of Malaysia....
https://knews.kathimerini.com.cy/en/news/eac-workers-stage-warning-strike-this-morning-offices-closed-until-10-a-m
Workers at the Electricity Authority of Cyprus are currently on strike, with a two-hour work stoppage underway from 8 a.m. to 10 a.m. Friday....
https://knews.kathimerini.com.cy/en/news/eac-workers-warn-of-deepening-power-crisis-and-mounting-pressure-on-energy-system
Employees of the Electricity Authority of Cyprus (EAC) will stage a two-hour warning work stoppage on Friday morning, unions announced, escalating pressure on authorities over what they describe as mounting failures in the country’s energy strategy....
https://knews.kathimerini.com.cy/en/news/nicosia-tells-europe-cities-know-what-people-actually-need
Ever wondered who actually fixes the potholes, deals with housing shortages, or scrambles during a heatwave? City halls do. And this week, Europe’s capital city mayors came together to remind Brussels of exactly that....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/high-electricity-bills-aren-t-going-anywhere-in-2026
Uncertainty surrounding Cyprus’ biggest energy projects is expected to persist through 2026, as delays at the liquefied natural gas terminal in Vasiliko and mounting complications with the electricity interconnector leave little room for optimism....
https://knews.kathimerini.com.cy/en/news/we-can-t-pay-this-farmers-hit-with-water-bills-going-back-ten-years
Farmers across Cyprus say they’ve been hit with shocking water bills going back nearly ten years, and they warn the sudden charges could put them out of business....
https://knews.kathimerini.com.cy/en/news/occupied-north-faces-press-crackdown-journalists-warn
Turkish Cypriot journalists rallied Monday to protest proposed changes to the ''criminal code'' and the ''information law,'' warning that the measures could threaten freedom of thought, freedom of the press, and the public’s right to information....
https://knews.kathimerini.com.cy/en/news/cypriots-wallets-could-tip-the-may-election
Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....
https://knews.kathimerini.com.cy/en/news/paphos-eoa-flooded-with-reports-of-unusually-high-water-consumption
An increase in water bills reported by residents across the Paphos district has prompted a response from the President of the Paphos District Local Government Organisation (EOA)....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/comment/opinion/chaos-behind-bars-crisis-on-tap
The disorder inside the Central Prisons is a small-scale version of the country itself. They are riddled with extortion, sexual violence, physical and verbal abuse, and sometimes suicide....
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-to-strike-say-state-aid-won-t-cover-soaring-energy-costs
Farmers across Cyprus are sounding the alarm over soaring electricity costs and dwindling water supplies, warning that recent state aid will barely make a dent....
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/famagusta-may-name-and-shame-big-debtors-to-recover-€14-million
Famagusta officials want the green light to publicly name people and companies who owe large, long-overdue debts to the local authority, a move they say is needed to pressure chronic non-payers....
https://knews.kathimerini.com.cy/en/comment/opinion/send-an-e-mail
How much reform has the Local Government Reform actually brought to our lives? They ought to have some data, after all....
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
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....