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/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/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/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/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/€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/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/news/man-loses-€90-000-in-fake-online-car-sale
Police in Limassol are investigating an online fraud case after a 59-year-old man was allegedly deceived into transferring €90,000 for a vehicle that never existed....
https://knews.kathimerini.com.cy/en/business/cyprus-says-food-safety-checks-are-working-after-public-poisoning-concerns
Cyprus authorities are stressing that food safety systems are working and improving, following recent concerns sparked by a mass food poisoning incident at a wedding in Limassol that left dozens of guests unwell....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-one-of-europe-s-highest-rates-of-illicit-cigarette-use
Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....
https://knews.kathimerini.com.cy/en/news/mayonnaise-price-jumps-nearly-10-in-may
Shoppers in Cyprus saw noticeable price increases on everyday supermarket items in the second half of May, with sauces, eggs, dairy products and personal hygiene goods among the most affected categories....
https://knews.kathimerini.com.cy/en/news/us-missile-strike-disables-cargo-ship-attempting-to-breach-iran-blockade
The United States military says it has taken action against a merchant vessel that attempted to enter an Iranian port despite restrictions imposed under Washington's maritime blockade....
https://knews.kathimerini.com.cy/en/business/flight-delays-cancelled-trips-and-refunds-eu-rules-that-could-change-how-cypriots-travel
There is growing optimism that a breakthrough may finally be within reach in long-running EU negotiations to revise passenger rights in air travel....
https://knews.kathimerini.com.cy/en/news/eac-to-launch-inspections-into-illegal-solar-installations-from-june-1
The Electricity Authority of Cyprus distribution system operator will begin inspections on June 1 targeting illegal photovoltaic installations and unauthorized increases in renewable energy system capacity....
https://knews.kathimerini.com.cy/en/news/fire-safety-rules-slow-down-home-solar-battery-storage-rollout
The high expectations created by Cyprus’ household solar panel programme for cheap and affordable electricity are, in practice, proving largely unrealistic....
https://knews.kathimerini.com.cy/en/business/halloumi-recipe-changed-as-effects-of-foot-and-mouth-hit-milk-supply
Cyprus’ most famous cheese is once again at the center of a growing crisis after the government announced it will temporarily reduce the amount of goat and sheep milk required in halloumi production because of the ongoing foot-and-mouth disease outbreak....
https://knews.kathimerini.com.cy/en/news/will-the-cyprus-greece-cable-ever-happen
The Great Sea Interconnector (GSI), which is the undersea electricity cable connecting Cyprus to Crete and eventually mainland Greece, was once presented as a game-changing project that could end Cyprus’ energy isolation, stabilize the island’s electricity network and potentially lower power bills for consumers....
https://knews.kathimerini.com.cy/en/news/ex-mp-blasts-solar-power-deception-after-repeated-photovoltaic-shutdowns
Former Cypriot MEP and doctor Eleni Theocharous has sparked fresh debate over Cyprus’s solar energy system after accusing authorities and energy officials of misleading the public about the benefits of household photovoltaics....
https://knews.kathimerini.com.cy/en/business/eac-says-electricity-prices-unlikely-to-fall-before-major-solar-expansion
The Electricity Authority of Cyprus says electricity prices are unlikely to fall in the near future, with officials pointing to delays in large-scale solar development and the continued absence of natural gas infrastructure as major factors keeping costs high....
https://knews.kathimerini.com.cy/en/business/byd-expands-cyprus-presence-as-demand-for-electric-and-hybrid-cars-grows
BYD is strengthening its presence in the Cyprus market in 2026, expanding both its infrastructure and sales performance as demand for electric and plug-in hybrid vehicles continues to grow on the island....
https://knews.kathimerini.com.cy/en/news/cyprus-households-see-sharp-fall-in-electricity-bills-but-businesses-still-pay-near-the-top-in-europe
Cyprus recorded the largest drop in household electricity prices in the European Union in 2025, offering relief after several years of high energy costs. The improvement, however, tells only part of the story. ...
https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
