https://knews.kathimerini.com.cy/en/news/agree-on-new-eu-taxes-or-pay-more-and-get-less-costa-warns
EU governments face a blunt choice: agree on new sources of income for the bloc, pay more from their national budgets, or accept cuts to programs they want to protect....
https://knews.kathimerini.com.cy/en/news/cyprus-spends-big-on-education-but-students-keep-falling-behind-europe
Cyprus is one of the European Union’s most generous education spenders. In 2024 it devoted 13.2 per cent of total public expenditure to education, the fifth-highest share in the bloc and well above the EU average of 9.7 per cent. ...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-cutting-down-inflation-and-reduces-prices-on-more-than-60-products
True to its long-standing commitment to providing meaningful support to consumers in the face of ongoing inflationary pressures, Lidl Cyprus announces its new initiative, “Cutting Down Inflation.”...
https://knews.kathimerini.com.cy/en/business/1-cyprus-records-eu-s-steepest-fall-in-tourist-stays
Cyprus recorded the biggest fall in tourist overnight stays anywhere in the European Union during the first half of 2026, even as tourism across the bloc continued to grow....
https://knews.kathimerini.com.cy/en/news/€610-million-plan-to-rebuild-cyprus-livestock-farming
Cyprus is considering a €610 million overhaul of its livestock industry after the foot-and-mouth disease crisis exposed serious weaknesses in the way farms operate....
https://knews.kathimerini.com.cy/en/comment/opinion/listening-to-europe-building-its-future
Once I was elected President of the European Council, I decided to visit each member state every year, to meet bilaterally with each European leader. ...
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/a-mountain-break-for-less-who-qualifies-for-cyprus-holiday-subsidy
For many families and pensioners in Cyprus, even a few nights away can be difficult to afford. Hotel prices, meals, and transport quickly add up, especially when household budgets are already stretched....
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....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers-why-companies-struggle-to-capture-the-value
The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the leaders have designed around all three....
https://knews.kathimerini.com.cy/en/comment/opinion/the-housing-crisis-is-not-just-about-homes-it-s-about-cyprus-future
The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....
https://knews.kathimerini.com.cy/en/news/new-electric-vehicle-subsidy-scheme-expected-in-2027
Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....
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-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances
Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/news/eu-approves-emergency-fertilizer-support-for-farmers
Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
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/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/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/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/business/in-cyprus-on-budget-is-the-exception-not-the-rule
In Cyprus, the doubling of the cost to complete the Paphos–Polis Chrysochous road is being seen by analysts as less of an exception and more like the rule in a public works system under strain....
https://knews.kathimerini.com.cy/en/news/cost-of-essentials-jumps-with-another-rise-in-infant-formula
Price increases have been recorded across a range of everyday goods in Cyprus, with infant formula among the products drawing particular concern from consumers....
https://knews.kathimerini.com.cy/en/news/eu-move-brings-displaced-cypriots-property-rights-into-focus
A new development in the European Parliament marks a significant step forward for displaced people from Cyprus, as their property rights are now formally acknowledged within discussions on future EU funding....
https://knews.kathimerini.com.cy/en/comment/opinion/this-time-let-s-measure-corruption
Corruption in a state carries real costs. It slows growth, erodes trust, and ultimately weakens the quality of democracy citizens experience....
https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
https://knews.kathimerini.com.cy/en/life/government-licenses-rock-of-aphrodite-as-premium-ad-space
In a move officials are calling “innovative and mildly inevitable,” a Cyprus ministry has announced that the famed Rock of Aphrodite, long associated with myth and postcards your aunt keeps sending you, has officially been licensed as advertising space....
https://knews.kathimerini.com.cy/en/news/keep-calm-and-eat-pork-cyprus-food-market-adjusts-to-foot-and-mouth-fears
The market has not come to a halt, but there is clear anxiety, with some shoppers worried about both the availability and the price of milk and lamb ahead of the holiday period. ...
https://knews.kathimerini.com.cy/en/news/ai-diagnosed-the-patient-before-doctors-did-and-cyprus-may-be-next
Inside the Landmark Hotel last week, conversations about healthcare sounded less like policy debates and more like glimpses into the future....
https://knews.kathimerini.com.cy/en/news/cyprus-a-geopolitical-hub-in-a-shifting-power-landscape
After the October 7 massacre, the brutal Hamas attack and Israel’s long, largely disproportionate counteroffensive in Gaza, Cyprus had an unexpected opportunity: to send a message to the international community that went beyond the usual lens of the “Cyprus problem” and to emerge as a rare “Western anchor” in a volatile region. ...
