https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers
On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-receive-€4-6-million-in-eu-aid-for-drought-hit-farmers
Cyprus is set to receive €4.6 million in emergency agricultural support after European Union member states approved a European Commission proposal to release more than €56 million from the EU’s agricultural reserve....
https://knews.kathimerini.com.cy/en/comment/opinion/politicsblog-exceptions-trolls-avvakoum-and-leaks
Little Nikos (Nikos Christodoulides) greeted the latest Mafia State developments with visible discomfort, while his beloved blonde Madonna (Annita Demetriou) appears to be facing a dilemma....
https://knews.kathimerini.com.cy/en/news/energy-projects-stuck-in-limbo-due-to-political-interference-minister-says
The presence of Energy Minister Giorgos Papanastasiou at this year’s Green Agenda forum, and what he revealed about the de facto framework governing major public contracts, understandably caused a stir. ...
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
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/lower-tourist-numbers-hit-demand-for-taxi-services
Taxi operators in Cyprus say they are facing a difficult period following a downturn in tourism linked to ongoing instability in the Middle East....
https://knews.kathimerini.com.cy/en/news/thousands-of-government-hourly-workers-to-strike-next-week-over-pay-dispute
Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....
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/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite
''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/life/i-do-now-costs-up-to-€70-000-in-cyprus
If you thought inflation was only hitting groceries and electricity bills, think again, it has apparently also made its way into weddings....
https://knews.kathimerini.com.cy/en/life/learn-to-dive-and-help-rescue-animals-at-the-same-time
If you’ve ever thought about trying scuba diving, or you’re already a certified diver looking for an excuse to get back in the water, this might be the most meaningful dive of the summer....
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/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
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/comment/opinion/a-german-expat-s-view-of-cyprus-is-going-viral—and-it-s-raising-questions
''Hello, I’m Ben. Cyprus was never part of my plans, and this is my story,'' writes a German-born photographer and entrepreneur in a pinned post at the top of his Instagram page, where he appears to have developed a genuine fascination with the island....
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/€125m-road-shock-paphos–polis-project-faces-€50m-cost-jump-and-uncertain-future
Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT....
https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
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/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/news/more-foreign-patients-fly-to-china-for-cancer-treatment
A growing shift in global medicine is seeing more patients travel abroad for life-saving treatments that are either unavailable at home or come at a fraction of the cost, according to an article in Bloomberg....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/news/athienou-launches-plan-to-transform-organic-waste-into-valuable-compost
AKTI Project and Research Centre, in collaboration with Athienou Municipality, is developing the Athienou Resilience Hub through the European NURISH project, an initiative focused on creating a circular approach to managing organic waste generated in the area....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
