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/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/news/fake-gesy-message-costs-victim-over-€10-000-in-new-online-scam
Police in Limassol are investigating a new case of online fraud after scammers posing as representatives of Cyprus’ General Health System (GESY) allegedly tricked a man into handing over his banking details, resulting in losses of more than €10,000....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/business/war-s-ripple-effect-reaches-cyprus-tourism
A negative climate is developing in Cyprus’s tourism sector during the spring season as the ongoing conflict in the Middle East begins to affect the country. Early signs show a slowdown in bookings and an increase in cancellations....
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/news/cyprus-minister-highlights-police-reforms-as-two-officers-face-investigation
Cyprus is stepping up efforts to clean up its police force, Justice and Public Order Minister Costas Fytiris said Thursday, following the arrest of two officers over off-duty assaults....
https://knews.kathimerini.com.cy/en/news/eu-turns-down-trump-s-request-for-help-in-hormuz-as-cracks-show-over-ukraine
The European Union has effectively rejected a request by Donald Trump for European assistance in safeguarding the Strait of Hormuz, with EU foreign policy chief Kaja Kallas making clear that the conflict with Iran “is not a European war” and that ''no one wants active involvement.''
...
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/news/salty-winds-wipe-out-early-potato-crops-leaving-farmers-facing-another-heavy-loss
What should have been the beginning of a profitable harvest has instead turned into a season of loss for potato farmers in eastern Cyprus, after powerful winds carrying sea salt destroyed early crops across several agricultural communities....
https://knews.kathimerini.com.cy/en/news/xylofagou-potato-statue-to-cost-€2-000-to-repair-after-storm-damage-video
The well-known potato statue in the village of Xylofagou will require about €2,000 in repairs after being knocked down by severe winds over the weekend....
https://knews.kathimerini.com.cy/en/news/uefa-under-fire-could-israel-be-kicked-out-of-european-football
UEFA is suddenly facing more than just match-day drama, it’s caught in a political storm. Swiss lawmakers are now questioning why Europe’s football boss hasn’t taken action against Israel,...
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/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-all-animals-on-infected-farms-must-be-culled
Farms hit by foot-and-mouth disease will have to kill all animals on site, even those that appear healthy, under strict European Union rules aimed at stopping the outbreak before it spreads further, an EU commissioner said Friday during a visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/strong-year-for-aegean-as-profits-climb-to-€147-8-million
AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-$200-oil-camels-and-political-drama
Iran warns us to brace for $200-a-barrel oil. ''Let those who pay in dollars worry,'' a friend said, with as much understanding of the global economy as Fidias himself. Joking aside, we should be the ones stressing. ...
https://knews.kathimerini.com.cy/en/business/cyprus-brings-in-international-pr-team-to-rebuild-tourism-confidence
The government and tourism stakeholders are joining forces in a coordinated effort to safeguard Cyprus’ international image, stressing that the country remains safe and that daily life continues under normal conditions....
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/news/fatal-aglantzia-crash-case-heads-to-court-nearly-a-year-after-death-of-20-year-old
The fatal traffic collision that claimed the life of 20-year-old Kyriakos Antoniou last summer is now moving into the criminal courts, nearly a year after the early-morning crash shocked the community....
https://knews.kathimerini.com.cy/en/news/foot-and-mouth-battle-intensifies-threatening-farms-and-food-prices
The fight against foot-and-mouth disease continues to escalate in the Larnaca district, with the situation taking increasingly worrying proportions in recent weeks. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-ledra-street-set-for-€3-4-million-facelift-after-decades-of-waiting
One of the busiest and most recognizable parts of Nicosia’s old town is about to get a long-awaited makeover, as restoration works along the Ledra–Onasagorou pedestrian area are set to begin shortly after Easter....
https://knews.kathimerini.com.cy/en/news/european-conference-on-sustainable-tourism
The European Conference on Sustainable Tourism, held in Nicosia, marked the 20th anniversary of the Cyprus Sustainable Tourism Initiative (CSTI), bringing together more than 300 participants from across Europe and beyond, including two European Commissioners among the speakers....
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/comment/opinion/crises-give-birth-to-opportunities
Everything happened at breakneck speed and within such a short period of time that it left little room for the brain’s digestive system to process events. Even more so because, at the same time, we were experiencing a déjà vu of failures and structural dysfunctions in the field of Civil Defence and Protection...
https://knews.kathimerini.com.cy/en/business/eurobank-rolls-out-voluntary-exit-plan-for-up-to-300-employees
Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....
