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/business/cyprus-records-strongest-retail-sales-growth-in-the-eu
Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....
https://knews.kathimerini.com.cy/en/business/new-bean-bar-opens-in-alphamega-hypermarket-linopetra
https://knews.kathimerini.com.cy/en/news/frustration-mounts-as-high-definition-tv-upgrade-cuts-off-local-channels
A major upgrade to the national television broadcasting system has left thousands of households across Cyprus facing blank screens and locked out of major networks....
https://knews.kathimerini.com.cy/en/business/licensing-chaos-in-tourism-55-of-accommodations-without-a-license
The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-introduces-lidl-pay
Leading the way in modern retail transformation, Lidl Cyprus announces the official launch of the new, innovative Lidl Pay service in the Cypriot market....
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/business/lidl-better-living-days-was-successfully-launched-in-agios-dometios
The first stop of Lidl Cyprus' summer wellness roadtrip offered free activities on nutrition, exercise, cooking and wellness to the wider public, setting the tone for its continuation in Paphos....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/business/turkey-plans-$100-million-digital-upgrade-in-occupied-north
A Turkish-based telecommunications company has unveiled plans to invest more than $100 million in upgrading digital infrastructure in the occupied part of Cyprus, aiming to roll out fiber-optic networks and develop 5G services in the area....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-of-8-33-cents-per-litre-extended-until-sept-17
Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....
https://knews.kathimerini.com.cy/en/business/apple-raises-prices-on-macbooks-and-ipads
Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....
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/news/temu-and-shein-orders-in-cyprus-to-cost-more-under-new-customs-fees
Online shopping from popular platforms like Temu and Shein is set to get a bit more expensive for Cyprus consumers after the Customs Department clarified new rules affecting parcels coming from outside the European Union....
https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts
The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....
https://knews.kathimerini.com.cy/en/news/digital-euro-coming-by-2030-as-cyprus-gets-a-new-way-to-pay
The digital euro is slowly moving from theory to reality, and if all goes to plan, it could become part of everyday life across Cyprus and the rest of the eurozone by 2030....
https://knews.kathimerini.com.cy/en/business/food-prices-continue-to-rise-despite-lower-costs-for-fresh-produce
Consumers faced further increases in the cost of several everyday grocery items in May, according to the latest Consumer Product Price Observatory published by the Consumer Protection Service....
https://knews.kathimerini.com.cy/en/business/ai-reshapes-global-labour-market-into-two-distinct-paths-rewarding-human-skills-pwc-2026-ai-jobs-barometer
According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-safeguards-consumer-trust-with-its-new-corporate-commitment-lidl-full-guarantee
Remaining true to its strategic commitment to providing high-quality value products, Lidl Cyprus announces the new initiative “Lidl Full Guarantee”. This is a dynamic corporate action that aims to further strengthen its relationship of trust with the consumer public, ensuring the non-negotiable quality of all its products....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
https://knews.kathimerini.com.cy/en/business/lidl-better-living-days-travel-across-cyprus-with-practical-ideas-for-healthy-eating-and-a-better-life
Lidl Cyprus presents Lidl Better Living Days, a new summer experience that travels to selected stores across Cyprus. This initiative brings the wider public together with free experiential activities, with the sole aim of promoting healthy eating, physical exercise and overall well-being in our everyday lives....
https://knews.kathimerini.com.cy/en/business/€3-fee-per-item-on-online-orders-from-outside-the-eu
Cypriots who regularly shop from online platforms like Temu, Shein, and other non-EU retailers may soon notice higher prices at checkout or delivery after the EU approved new customs rules affecting small parcels....
https://knews.kathimerini.com.cy/en/news/eu-keeps-flight-compensation-rules-in-place-after-13-year-deal
After more than a decade of negotiations, a long-running dispute over air passenger rights in the European Union is expected to finally conclude today in Brussels, with an agreement on updating the rules for air travelers....
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-food-delivery-bags-found-with-bacteria-in-new-consumer-test
A laboratory test on food delivery transport bags in Cyprus has detected the presence of pathogenic organisms that can cause food poisoning, according to the Cyprus Consumers’ Association, which is now calling for stricter hygiene controls across the fast-growing delivery sector....
https://knews.kathimerini.com.cy/en/comment/opinion/does-money-bring-happiness
A colleague’s question at the office came completely by chance just a few hours after I watched a video of Mehmet from Kato Arodes saying, ''We didn’t have money, but we had everything.''...