https://knews.kathimerini.com.cy/en/news/who-will-succeed-guterres-at-the-u-n
The race to succeed U.N. Secretary-General António Guterres remains wide open. Costa Rica’s Rebeca Grynspan held on to her lead in the eighth informal ballot, known as a straw poll, held a few days ago. ...
https://knews.kathimerini.com.cy/en/news/petrol-gets-cheaper-but-diesel-barely-budges
Filling up in Cyprus is getting a little cheaper. How much you save depends on what you drive....
https://knews.kathimerini.com.cy/en/news/migration-budget-set-to-fall-as-cyprus-records-fewer-arrivals
Cyprus has recorded about 1,500 irregular arrivals so far this year, down from about 14,000 over the same period in 2022, Deputy Migration Minister Nicholas Ioannides told lawmakers Monday as he presented a smaller budget for 2027....
https://knews.kathimerini.com.cy/en/news/cyprus-records-92-drop-in-irregular-migration-since-2022
Cyprus has recorded a 92% reduction in irregular migration flows since 2022, with sea arrivals brought to a halt and crossings along the Green Line sharply reduced, Deputy Minister of Migration Nikolas Ioannides told MPs on Monday....
https://knews.kathimerini.com.cy/en/news/home-prices-rose-in-cyprus-but-did-household-incomes-keep-up
If you spent last year saving for a flat, a steady housing index might sound at odds with what you saw in the listings....
https://knews.kathimerini.com.cy/en/news/two-contenders-for-lagarde-s-job-as-europe-weighs-who-will-steer-interest-rates
Eurozone finance ministers opened talks Monday on who should succeed Christine Lagarde at the European Central Bank, a choice that comes as higher energy prices complicate the bank’s decisions on interest rates. ...
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus
You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....
https://knews.kathimerini.com.cy/en/comment/opinion/why-nothing-changes-in-cyprus
The other day, I watched Britain’s growth minister, Dan Tomlinson, give an outstanding interview on Sky News....
https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-pay-more-to-keep-the-lights-on
Businesses in Cyprus paid about 28% more for electricity than the EU average in the first half of 2026, according to Eurostat figures released Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/tourists-kept-coming-to-cyprus-so-why-did-hotel-profits-fall
Tourism directly accounts for 13% to 15% of Cyprus’ GDP, and more than 25% once we count the economic activity it supports along the way....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/news/uk-fee-cut-could-put-british-universities-back-within-reach-for-cypriots
For Cypriot families who crossed British universities off the list after Brexit, a proposal being discussed in London could offer a reason to look again....
https://knews.kathimerini.com.cy/en/business/cars-from-€500-go-under-the-hammer-in-mosfiloti
A car for €500? That should get a few people to stop scrolling through secondhand listings....
https://knews.kathimerini.com.cy/en/news/wastewater-disposal-identified-as-key-factor-in-pissouri-landslides
The long-term disposal of domestic wastewater into soakaway pits was the main factor behind rising groundwater levels and the reactivation of landslides in Pissouri, according to scientific research published in 2024....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/cyprus-largest-caffe-nero-planned-for-old-gsp-square
A Caffe Nero, a wine bar, a perfume shop, and a full-service restaurant or cafe are planned for the revamped old GSP square, bringing new shopping and dining options to central Nicosia....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....
https://knews.kathimerini.com.cy/en/news/when-your-ai-assistant-gets-the-keys-to-your-bank-account
Checking the balance, sorting the bills, finding where the salary went: There is plenty of household banking most people would happily leave to an assistant. But what happens when that assistant can act on your account and does something you never asked it to do?...
https://knews.kathimerini.com.cy/en/news/cyprus-presses-eu-to-clarify-mutual-defense-plans
President Nikos Christodoulides has called on the European Union to resume discussions on its mutual defense commitments, warning that the bloc must be prepared to respond collectively to armed aggression against any member state....
https://knews.kathimerini.com.cy/en/news/scholarship-foundation-still-clearing-2019-applications
The Cyprus State Scholarship Foundation continues to process applications that date back to 2019, according to its president, while facing staff shortages and missing resources following the transfer of responsibilities from the abolished Independent Social Support Body....
https://knews.kathimerini.com.cy/en/news/larnaca-seeks-christmas-performers-with-just-48-hours-to-spare-before-the-deadline
Larnaca Municipality has given artists and performance groups from Greece until October 23 to submit proposals for this year’s Christmas celebrations, leaving applicants just two days to prepare their bids and less than three weeks before the first scheduled event....
https://knews.kathimerini.com.cy/en/comment/opinion/cheaper-electricity-cyprus-gets-another-timetable
Cyprus pays the highest price per kilowatt-hour in Europe not because of some exceptional set of circumstances, but because of an energy model built on complete dependence on heavy fuel oil for electricity generation....
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
