https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/channel-tunnel-power-failure-leaves-thousands-stranded-on-europe-routes
Thousands of passengers travelling between the UK and mainland Europe faced major disruption after a power supply failure in the Channel Tunnel led to the suspension of Eurostar services for much of the day, during one of the busiest travel periods of the year....
https://knews.kathimerini.com.cy/en/news/1-cyprus-builders-say-they-re-desperate-for-workers-and-want-asylum-seekers-on-site
Cyprus may be building nonstop, but the people needed to actually do the building are running out....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/news/if-you-can-t-stop-the-lionfish-eat-it
On the waters off Larnaca, where fishermen once pulled up nets heavy with red mullet and sea bream, the catch has shifted in troubling ways....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/a-new-player-in-cyprus-electricity-market
The Association of Electricity Supplier Representatives (SEPIE) officially launched today, stepping onto Cyprus’ energy stage at a pivotal moment as the island moves toward a modern, competitive electricity market....
https://knews.kathimerini.com.cy/en/life/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-to-strike-say-state-aid-won-t-cover-soaring-energy-costs
Farmers across Cyprus are sounding the alarm over soaring electricity costs and dwindling water supplies, warning that recent state aid will barely make a dent....
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/roll-up-your-sleeves-christodoulides-tells-new-ministers-to-get-to-work
Cyprus’ new Cabinet officially took the reins Monday, and President Nikos Christodoulides had a clear message: roll up your sleeves, stay sharp, and get ready for some tough work....
https://knews.kathimerini.com.cy/en/news/mps-slam-€4m-airport-photo-radar-plan
Lawmakers are sounding the alarm over a €4 million plan to expand Cyprus’ ''photo radar'' system, which automatically issues fines for traffic violations. The controversy? Parts of it, including at airports, could be running without proper legal approval....
https://knews.kathimerini.com.cy/en/news/looking-for-cheap-fuel-here-are-the-most-affordable-options
With the first cold days of the season, concerns about heating oil costs have resurfaced, along with the everyday worry about fuel prices. ...
https://knews.kathimerini.com.cy/en/news/greek-farmers-block-highways-over-delayed-subsidies
Greek farmers have deployed more than 2,500 tractors to major highways, shutting key routes in the biggest agricultural protest in over a decade. What began as frustration over delayed EU subsidy payments has escalated into a standoff that could stretch into January....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/tepak-plans-€21-7-million-marine-sciences-school-near-old-larnaca-airport
The Cyprus University of Technology (TEPAK) is set to establish a new School of Marine Sciences, Technology, and Sustainable Development in the Mackenzie area, adjacent to the old Larnaca airport. ...
https://knews.kathimerini.com.cy/en/comment/opinion/reforms-are-not-done-this-way
Teachers, who are at the forefront of the reform, have voiced their disagreements, noting that the increased costs are not matched by an end to the practice of leveling down. So far, this has resulted in a brief work stoppage, accompanied by the predictable disruption....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-contracts-issued-to-deceased-owners
Cyprus lawmakers heard Tuesday that contracts for Turkish Cypriot properties have been issued to people long deceased, some of whom would be 150 years old today....
https://knews.kathimerini.com.cy/en/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025
In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....
https://knews.kathimerini.com.cy/en/business/ryanair-loses-eindhoven-landing-slots-as-european-network-cuts-deepen
Ryanair has been stripped of two landing slots at Eindhoven Airport after Dutch regulators concluded the airline repeatedly operated certain flights behind schedule, according to a report from the Eindhovens Dagblad....
https://knews.kathimerini.com.cy/en/news/cyprus-pushes-for-electricity-links-to-strengthen-regional-influence
Cyprus is taking bold steps to establish itself as a key player in the Eastern Mediterranean energy scene, President Nikos Christodoulides said Tuesday at the 13th Energy Symposium. ...
