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/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-end-insurance-overcharging-of-older-drivers
The Cyprus Parliament is taking aim at what lawmakers call unfair treatment of older drivers, as two new bills seek to stop insurance companies from overcharging, or outright refusing, to cover people over 70....
https://knews.kathimerini.com.cy/en/news/cyprus-to-auction-€25-million-in-treasury-bills-this-month
Cyprus is once again turning to short-term borrowing, announcing a €25 million Treasury Bills auction that will take place on October 20, between 8:30 a.m. and 11:30 a.m., according to the Public Debt Management Office (PDMO) of the Ministry of Finance....
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/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/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/comment/opinion/consulting-the-outside-world-and-other-matters
The Ministry of Finance, implementing the governance program of Nikos Christodoulides, has put six tax reform bills out for consultation with outside experts and stakeholders....
https://knews.kathimerini.com.cy/en/news/eac-issues-alert-over-fake-email-scam
The Electricity Authority of Cyprus (EAC) clarifies that these messages do not originate from the organization and are an attempt at electronic fraud (phishing)....
https://knews.kathimerini.com.cy/en/business/cyprus-aims-to-complete-energy-storage-system-by-2026-launch-competitive-electricity-market-in-2025
The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, Government Spokesperson Konstantinos Letymbiotis said Monday. ...
https://knews.kathimerini.com.cy/en/news/political-tug-of-war-in-nicosia-over-€25m-power-cable-payment
A brewing dispute within Cyprus’ government over the Cyprus-Crete electricity interconnection project is turning into a serious political headache just as €25 million is due for disbursement to Greece’s ADMIE, the project operator....
https://knews.kathimerini.com.cy/en/comment/opinion/when-trolls-howl-democracy-trembles
The President called for harsh criticism of the State’s handling of events, and he was absolutely right to do so. Only through harsh criticism can there be any improvement in managing the next disaster. Spot on, our young Nikos. ...
https://knews.kathimerini.com.cy/en/news/cyprus-court-strikes-down-law-mandating-countdown-timers-at-traffic-lights
The Supreme Constitutional Court ruled Monday that a 2025 law requiring the installation of countdown timers at traffic lights equipped with photo-enforcement cameras is unconstitutional, citing a violation of fiscal policy provisions and executive authority....
https://knews.kathimerini.com.cy/en/news/ready-to-drive-be-ready-to-wait
Aspiring drivers in Cyprus are facing extensive delays in obtaining their licenses, with waiting times stretching to over a year in some districts, according to the head of the Pancyprian Federation of Driving School Owners (POIEO)....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-rise-3-starting-next-cycle
Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....
https://knews.kathimerini.com.cy/en/news/parliament-caps-future-multiple-pensions-but-current-officials-still-cash-in
Cypriot lawmakers have finally taken steps to curb the controversial practice of multiple pensions for state officials, but not just yet....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/news/cyprus-to-open-euthanasia-bill-debate-in-september-as-government-prioritizes-end-of-life-care
Parliament will begin an article-by-article debate in September on a controversial bill to legalize medically assisted death, with a full vote expected in January 2026. However, the government maintains the move is premature without first expanding palliative care services....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-work-from-home-for-public-servants-as-perks-keep-piling-up
Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
