https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/news/cyprus-households-can-get-up-to-€900-to-replace-old-solar-water-heaters
Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....
https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on
Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...
https://knews.kathimerini.com.cy/en/news/cyprus-plans-major-overhaul-of-vehicle-import-rules-and-dealer-licensing
With a focus on transparent procedures, clearly defined responsibilities, and stricter oversight of the import and sale of new and used vehicles, the Road Transport Department is advancing two legislative initiatives....
https://knews.kathimerini.com.cy/en/news/finally-cooler-classrooms-25-cyprus-schools-begin-€20-million-energy-transformation
For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
https://knews.kathimerini.com.cy/en/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint
Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...
https://knews.kathimerini.com.cy/en/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
https://knews.kathimerini.com.cy/en/comment/opinion/the-black-van-and-the-black-snake-that-will-devour-us
Major twists and turns in the black van affair. Not my black van, of course, which, as everyone knows, is blessed and only keeps tabs on stories of social commentary. Some malicious souls call it nosiness or gossip. I'm talking about the real one, the original black van....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/news/the-cypriot-national-guard-is-going-green
The Electricity Authority of Cyprus (EAC) and the Ministry of Defence have signed a major energy agreement to replace thousands of outdated streetlights across the island's military bases....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
https://knews.kathimerini.com.cy/en/news/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite
''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/life/i-do-now-costs-up-to-€70-000-in-cyprus
If you thought inflation was only hitting groceries and electricity bills, think again, it has apparently also made its way into weddings....
https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process
In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....
https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
https://knews.kathimerini.com.cy/en/news/blue-skies-calm-seas-and-a-very-june-like-day
No thunderstorms lurking in the afternoon, no surprise downpours, no dramatic weather systems marching across the Mediterranean; just sunshine getting on with the job....
https://knews.kathimerini.com.cy/en/business/more-cypriots-are-finding-work-but-young-people-are-still-struggling-to-get-hired
Finding a job in Cyprus may finally be getting a little easier, at least for many adults already in the workforce....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/news/engomi-blackout-blamed-on-human-error-as-eac-targets-illegal-solar-systems
A recent power outage in the Engomi area was caused by human error, according to the Electricity Authority of Cyprus (EAC), which said a contractor accidentally damaged an underground cable during works in the area.
...
https://knews.kathimerini.com.cy/en/news/cyprus-heads-to-the-polls-as-frustration-with-politics-grows
Cypriots head to the polls on Sunday in parliamentary elections that could shake up the country’s political scene, with many voters angry over corruption scandals, high electricity bills, and the rising cost of living....
https://knews.kathimerini.com.cy/en/news/fire-safety-rules-slow-down-home-solar-battery-storage-rollout
The high expectations created by Cyprus’ household solar panel programme for cheap and affordable electricity are, in practice, proving largely unrealistic....
https://knews.kathimerini.com.cy/en/business/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
