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/health-insurance-organization-overpaid-€150-million-in-duplicate-claims
An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...
https://knews.kathimerini.com.cy/en/news/no-clear-leader-as-polls-shake-up-cyprus-election-race
Political parties are increasingly moving to the rhythm of opinion polls, both public and private, as Cyprus heads into the final two months before voters go to the ballot box....
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/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/news/university-of-cyprus-racing-to-launch-first-english-language-undergraduate-program-in-2026
The University of Cyprus is working against the clock to offer its first English-language undergraduate program starting with the 2026 academic year. ...
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....
