https://knews.kathimerini.com.cy/en/news/€200m-support-package-launched-to-help-cypriots-weather-crisis
The Cypriot government rolled out an eight-part support package Monday aimed at helping households, businesses, and farmers weather the economic impact of the ongoing war in the Middle East....
https://knews.kathimerini.com.cy/en/news/germany-s-secret-plan-to-push-back-on-u-s-pressure-next-time
Germany is quietly plotting a new playbook for dealing with the U.S., mapping out where Europe might push back if tensions flare again....
https://knews.kathimerini.com.cy/en/business/eu-australia-trade-deal-could-mean-cheaper-imports-and-new-export-opportunities-for-cyprus
After nearly a decade of negotiations, Australia and the European Union have struck a sweeping free trade agreement aimed at boosting growth, lowering consumer prices and strengthening economic alliances at a time of rising global uncertainty....
https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/eac-rolls-out-energy-saving-push-by-offering-€20-led-vouchers-for-every-home
The Electricity Authority of Cyprus (EAC) Supply has announced the rollout of the second phase of its energy-efficiency initiative, extending €20 vouchers for LED lighting to all residential customers....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure
As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....
https://knews.kathimerini.com.cy/en/news/business-as-usual-for-easter-travel
Cypriots will be packing their bags this Easter season as well, even in wartime conditions, carrying a small dose of uncertainty and insecurity. This year’s Easter, which falls on April 12, finds Cypriot travelers facing a different international environment...
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
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/business/meat-prices-surge-up-to-28-in-cyprus
Sharp price increases, reaching as high as 28%, have been recorded for lamb, goat, and beef in Cyprus, according to new data from the Consumer Protection Service. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-launches-world-of-needs-strategic-re-orientation-of-the-non-food-range
The aim is to intuitively guide consumers through six clear thematic worlds, establishing Lidl as a leader in categories such as household goods, tools, toys, fashion, sports, and leisure....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount
Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/new-bean-bar-opens-in-alphamega-hypermarket-mandria
Bean Bar has opened a new pop-up store within the Alphamega Hypermarket of Mandria in Paphos, vigorously continuing its strategic expansion plan. This marks the brand’s 22nd store and the second in Paphos district, following the opening of a pop-up store at the American University of Beirut....
https://knews.kathimerini.com.cy/en/business/halloumi-exports-tested-as-foot-and-mouth-disease-spreads
The continued spread of foot-and-mouth disease has raised serious concern across Cyprus’s agri-food sector and business community, particularly regarding halloumi, the country’s most important agricultural export....
https://knews.kathimerini.com.cy/en/news/oil-prices-bounce-back-in-asia-amid-middle-east-tensions
Oil prices rebounded in early Asian trading Tuesday, reversing some of yesterday’s losses as ongoing Middle East tensions and supply concerns outweighed the impact of strategic reserve releases....
https://knews.kathimerini.com.cy/en/business/return-to-single-buyer-electricity-market-proposed-for-cyprus
A debate has emerged over the structure of Cyprus’s electricity market after Odysseas Michaelides suggested that electricity prices could fall if the country returned to a centralized purchasing system dominated by the Electricity Authority of Cyprus (AHK)....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100
The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....
https://knews.kathimerini.com.cy/en/news/if-you-know-you-know-lidl-cyprus-new-360°-campaign-highlights-non-negotiable-quality-through-its-consumers-eyes
What does real food quality mean today? For Lidl Cyprus, the answer lies in the knowledge, trust and confidence that consumers feel every time they choose products for their dinner table. ...
https://knews.kathimerini.com.cy/en/news/iea-releases-record-oil-reserves-but-cyprus-may-still-face-rising-fuel-prices
A record release of emergency oil reserves by the International Energy Agency (IEA) is meant to calm global markets shaken by Middle East tensions, but experts warn the move may not be enough to prevent higher fuel prices in Cyprus....
https://knews.kathimerini.com.cy/en/business/87-of-recalled-products-still-sold-online-cyprus-consumer-group-warns
Most products that have been recalled or banned due to safety risks are still available to buy online, raising concerns about how effectively dangerous goods are being removed from the digital marketplace....
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-fined-€160-000-over-unfair-mortgage-loan-clauses
Cyprus’ Consumer Protection Service (CPS) has imposed a €160,000 administrative fine on Alpha Bank Cyprus Ltd after determining that certain clauses in its mortgage loan agreements with consumers were unfair and insufficiently transparent....
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
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/one-in-four-children-in-the-eu-at-risk-of-poverty-or-social-exclusion
Around a quarter of children living in the European Union, close to 20 million across its 27 member states, are currently exposed to the risk of poverty or social exclusion, Cyprus’ Deputy Minister of Social Welfare Clea Papaellina said on Monday in Brussels....
https://knews.kathimerini.com.cy/en/news/oil-prices-climb-past-$116-amid-middle-east-tensions
Oil prices are surging at a pace not seen in years, rattling global markets as the war in the Middle East fuels fears of a major energy supply crisis....
https://knews.kathimerini.com.cy/en/news/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-crisis-leaves-35-000-sailors-and-cruise-passengers-stranded-in-gulf
About 20,000 merchant sailors and roughly 15,000 cruise passengers are currently unable to leave the Arabian Gulf as tensions between the United States and Iran threaten maritime traffic through the Strait of Hormuz, according to the United Nations’ shipping agency....
