https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb
Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....
https://knews.kathimerini.com.cy/en/news/relief-is-coming-government-says-but-household-bills-are-not-waiting
For Cypriot households already watching the petrol gauge as closely as the supermarket receipt, the government’s message is simple: help is in place, and more is on the way....
https://knews.kathimerini.com.cy/en/news/trump-and-xi-put-on-a-show-but-their-rivalry-could-still-hit-your-pocket
The red carpet was rolled out, the military band was ready and the two first ladies stood neatly beside their husbands....
https://knews.kathimerini.com.cy/en/news/limassol-artists-still-waiting-three-months-for-payment-after-municipal-event
Artists who worked at a cultural event organised by the Limassol Municipality have reportedly been waiting for their payment for almost three months, according to actor Yolanda Christodoulou, who has publicly called for an explanation....
https://knews.kathimerini.com.cy/en/news/after-years-of-talk-cyprus-tells-chevron-it-is-time-to-turn-aphrodite-into-gas
Cyprus has spent years talking about the natural gas beneath its waters. Now, President Nikos Christodoulides says it is time to move from plans and promises to actual production....
https://knews.kathimerini.com.cy/en/comment/opinion/substance-and-nomenclature
I am not saying that presidential elections are unimportant, or that it is unnatural for political discussions and behind-the-scenes maneuvering to begin one, two or even three years before an election. But the amount of attention given to who will or will not be a candidate so far in advance, and the sheer scale of the conversation that follows, should, I think, make us stop and think. ...
https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished
Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....
https://knews.kathimerini.com.cy/en/life/still-reaching-for-the-ac-here-s-the-ideal-temperature-for-comfort-and-lower-bills
The calendar may say summer is over, but the weather has not entirely received the message. Parts of the day remain hot and humid, leaving many households still reaching for the air conditioner....
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....
