https://knews.kathimerini.com.cy/en/news/fruit-and-vegetable-markups-reach-170-compared-to-producer-rates
According to data from the Ministry of Agriculture's e-kofini platform, retail prices of fruits and vegetables are considerably higher compared to prices set by producer organizations....
https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/consumer-agency-reports-stable-easter-prices-with-some-increases
Prices of 18 Easter products are holding steady at last year's levels, with some exceptions showing significant increases, according to findings from the Consumer Protection Agency under the Ministry of Energy, Trade, and Industry....
https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023
Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/incorrect-water-bills-leave-450-premises-fuming-in-paphos
The Municipality of Paphos informs water consumers that it is investigating complaints regarding high water bills.
...
https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector
Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....
https://knews.kathimerini.com.cy/en/news/healthier-ready-to-eat-meals-could-slash-eu-emissions-by-48m-tonnes
Healthier ready-to-eat meals could cut EU emissions by 48m tonnes annually and save customers €2.8bn (£2.4bn) each year, as well as reducing disease, a report has found....
https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-for-clearer-labels-on-breakfast-foods
In a move aimed at empowering consumers and promoting healthier choices, the European Parliament has greenlit updated regulations governing breakfast staples such as honey, fruit juice, jam, and marmalades....
https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent
Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/green-marketing-the-truth-behind-eco-friendly-claims
The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....
https://knews.kathimerini.com.cy/en/news/cyprus-records-€575-5-million-in-new-loans
Cyprus recorded a significant increase in total new loans in February, reaching €575.5 million, up from €462.7 million in the previous month. This surge was primarily driven by a notable rise in loans granted to companies, totalling approximately €130 million, according to data released by the Central Bank of Cyprus (CBC).
...
https://knews.kathimerini.com.cy/en/news/will-sexy-water-make-you-sexy
Move over plain old water—there's a new drink in town, and it's turning heads for all the right (and maybe a few questionable) reasons. ...
https://knews.kathimerini.com.cy/en/news/olive-oil-jumps-61-7-in-march-2024
In March 2024, the price of olive oil surged by 61.7% compared to the same period in 2023, as reported by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/meet-e-kofini-a-tool-to-lift-veil-on-food-prices
The Ministry of Agriculture is gearing up to unveil a cutting-edge digital tool aimed at bringing greater transparency to the often murky world of agricultural product pricing....
https://knews.kathimerini.com.cy/en/news/gasoline-prices-rise-across-cyprus-provinces-after-subsidy-removal
Following the elimination of the 8.3-cent subsidy per liter on April 1st, increases in the average price of 95-octane gasoline have been observed in the provinces of Limassol, Nicosia, and Famagusta, with the exception of Paphos, where the price only rose by 8 cents....
https://knews.kathimerini.com.cy/en/news/illegal-photovoltaic-systems-threaten-cyprus-electricity-grid
In a recent interview on SPOR FM, Christina Papadopoulou, the spokesperson for the Electricity Authority of Cyprus (EAC), addressed concerns over the proliferation of illegal photovoltaic systems installed by individuals in homes....
https://knews.kathimerini.com.cy/en/news/lawmakers-slam-green-taxation-plans-as-stupid-and-immoral
DISY MP Kyriakos Hatzigiannis and Ecologists MP Stavros Papadouris sharply criticized the government's green taxation plans in interviews with ''SPOR FM 95.0'' and ''DIASPORA News.''...
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady
The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
https://knews.kathimerini.com.cy/en/business/prices-on-the-rise
The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/business/luxury-brand-hermes-sued-over-birkin-bag-sales
Two California residents have initiated legal action against French luxury design company Hermès, alleging discriminatory sales practices surrounding its highly coveted Birkin handbags....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-a-part-of-your-life
Several individual pieces, both big and small, are part of a bigger puzzle – the puzzle of life!...
