https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-will-stay-but-oil-surge-threatens-to-swallow-the-saving
The government has stopped one petrol-price increase from reaching Cyprus drivers, but the international oil market may be preparing another....
https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
https://knews.kathimerini.com.cy/en/news/soaring-fuel-prices-threaten-a-new-wave-of-increases-across-cyprus
Cypriot consumers have returned to their daily routines facing steep fuel increases and the prospect of another chain reaction of higher prices for goods and services....
https://knews.kathimerini.com.cy/en/news/christodoulides-and-sisi-talk-energy-and-defence-before-three-way-summit
President Nikos Christodoulides met Egyptian President Abdel Fattah al-Sisi in El Alamein on Tuesday morning, with energy, defense, and the region’s rapidly changing political landscape on the table....
https://knews.kathimerini.com.cy/en/news/brussels-looks-to-polluters-and-old-gadgets-to-help-fund-europe-s-budget
The European Union is looking at pollution and discarded electronics to help fund its next seven-year budget, and Cyprus’ poor record on collecting old devices could make the plan particularly relevant to the island....
https://knews.kathimerini.com.cy/en/news/cyprus-will-not-be-cut-out-of-gsi-energy-minister-insists
Cyprus will not be bypassed by the Great Sea Interconnector, Energy Minister Michalis Damianos insisted Sunday, responding to reports that alternative routes could leave the island out of the major electricity project....
https://knews.kathimerini.com.cy/en/news/another-17-000-cyprus-families-to-qualify-for-child-benefit
Another 17,000 families in Cyprus are expected to qualify for child benefit under an expansion announced by President Nikos Christodoulides, potentially bringing financial support to more than 23,000 additional children....
https://knews.kathimerini.com.cy/en/news/welfare-recipients-stuck-carrying-paperwork-the-state-could-collect-itself
Some of Cyprus’ most financially vulnerable residents are being forced to collect, and sometimes pay heavily for, bank statements that the welfare services already have legal permission to request....
https://knews.kathimerini.com.cy/en/news/three-months-without-pay-education-program-staff-take-to-the-streets
Workers in Ministry of Education programs are taking their demands to the Presidential Palace on Thursday after spending the summer without a salary or unemployment benefits....
https://knews.kathimerini.com.cy/en/news/storm-damaged-your-home-or-car-here-s-what-the-state-will-pay
Homeowners, businesses, and drivers whose property was damaged by Saturday’s severe weather could receive thousands of euros in government assistance under a compensation plan approved by the Cabinet on Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-has-plenty-of-jobs-but-not-enough-workers
Employment in Cyprus is growing at a rapid pace, pushing unemployment close to record lows. This is positive for the country’s labor market, as it highlights the strength of the Cypriot economy and creates favorable prospects for growth. ...
https://knews.kathimerini.com.cy/en/news/ikea-cyprus-cuts-prices-on-300-products-and-yes-you-still-have-to-build-them
Good news for anyone whose bookshelf is being held together by optimism: IKEA Cyprus is cutting prices on more than 300 home-furnishing products....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-set-to-stay-saving-drivers-8-33-cents-a-litre-until-november
Cyprus drivers are set to keep saving 8.33 cents on every litre of fuel until the end of November, after the Finance Ministry confirmed plans to extend the current reduction in fuel tax....
https://knews.kathimerini.com.cy/en/news/is-cyprus-backing-away-from-the-cable-meant-to-cut-electricity-bills
The agreement making French company Meridiam the majority shareholder in the company behind the Cyprus-Crete electricity interconnector has done nothing to ease the Cypriot government’s reservations about the project....
https://knews.kathimerini.com.cy/en/news/police-drop-inquiry-into-drousiotis-crowdfunding-campaign
Police will not investigate journalist and author Makarios Drousiotis over his online fundraising campaign after the Legal Service concluded that it did not break Cyprus’ fundraising laws....
https://knews.kathimerini.com.cy/en/news/electricity-prices-are-solar-producers-really-buying-low-and-selling-high
The debate over the cost of electricity in Cyprus has focused attention on the price at which renewable energy is generated and sold, with claims that photovoltaic producers can generate electricity for as little as 7 or 8 cents per kilowatt-hour before selling it to the market for 25 or 30 cents....
https://knews.kathimerini.com.cy/en/news/cyprus-advances-€95-million-electricity-grid-upgrade-to-support-renewables
Cyprus is advancing a major programme to modernise key parts of its electricity network, aiming to prepare the grid for higher shares of renewable energy, energy storage and fewer instances of renewable generation being switched off....
https://knews.kathimerini.com.cy/en/comment/opinion/should-bad-tenants-have-a-credit-score
Over the many years I have worked in the real estate sector, I have seen the Cypriot property market go through all kinds of ups and downs. I have experienced economic cycles, managed complex investments, and worked with a huge range of professionals and organizations. ...
https://knews.kathimerini.com.cy/en/news/iran-reportedly-considers-cyprus-target-if-us-war-escalates
Cyprus has again found itself uncomfortably close to a conflict it did not start, as Iran reportedly considers widening its response if the United States launches a renewed offensive....
https://knews.kathimerini.com.cy/en/news/no-more-room-for-‘just-one-more-paphos-plans-€250-000-shelter-for-strays
For years, Paphos’ stray animals have depended heavily on volunteers, people who open their homes, fill their cars with food and carriers, and somehow find room for one more dog or cat when every shelter space is already taken....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-washington-to-back-power-cable-linking-island-to-europe
For households used to opening their electricity bills with one eye closed, an undersea cable promising to connect the island to Europe’s power grid sounds important, and a group of US lawmakers agrees....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity
A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....
https://knews.kathimerini.com.cy/en/news/shell-cashes-out-of-aphrodite-as-cyprus-still-waits-for-first-gas
Shell is leaving Cyprus’ Aphrodite gas field in a deal worth as much as $720 million, handing its share to Hungary’s MOL Group before the long-delayed project receives its final investment approval....
https://knews.kathimerini.com.cy/en/news/monday-commute-gets-more-expensive-in-nicosia-and-larnaca
The Monday morning commute comes with a higher price tag for bus passengers in Nicosia and Larnaca, as new fares take effect on Aug. 3....
https://knews.kathimerini.com.cy/en/news/paid-nearly-€10-000-for-solar-panels-that-never-arrived-police-say
Thinking about installing solar panels to cut your electricity bills? Police are urging people to do their homework after a Paphos resident allegedly lost €9,800 in a deal that never materialized....
https://knews.kathimerini.com.cy/en/news/student-housing-shock-a-one-bedroom-in-limassol-now-costs-more-than-€1-200-a-month
For thousands of students starting university each year, finding a place to live is one of the biggest challenges they face. Their families also feel the pressure, as soaring rents and the rising cost of living mean digging deeper into their pockets than ever before....
