https://knews.kathimerini.com.cy/en/news/cyprus-can-t-keep-praying-for-rain-nicosia-eoa-chief-says
Cypriots may still be paying ''satisfactory'' prices for water today, but the country is increasingly feeling the consequences of years of delayed planning and underinvestment in its water system, according to the head of Nicosia’s regional administration organization....
https://knews.kathimerini.com.cy/en/news/after-trozena-investor-interest-turns-to-fasli
Plans to redevelop the long-abandoned village of Trozena in the Limassol district have triggered intense public debate, as proposals linked to an Israeli investor move through Cyprus’s planning system....
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/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/imf-warns-cyprus-against-costly-energy-measures-and-foreclosure-delays
The International Monetary Fund (IMF) has issued clear warnings and observations about the Cypriot economy following the conclusion of its mission to the country, which took place from the last 10 days of April through early May.
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https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/news/eac-workers-consider-striking-within-2-days
Employees at the Electricity Authority of Cyprus are expected to decide within the next two days whether to escalate strike action as tensions rise over electricity prices, energy security, and long-term planning for the island’s power system....
https://knews.kathimerini.com.cy/en/news/kathimerini-exclusive-ursula-von-der-leyen-on-europe-s-challenges-energy-strategy-and-the-cyprus-issue
Outlining the main challenges facing the European Union during a period of rising geopolitical uncertainty and energy pressure, the President of the European Commission says the answer lies in unity, faster progress on the energy transition, and a stronger international role....
https://knews.kathimerini.com.cy/en/news/eac-strike-tests-power-supply-as-unions-warn-of-further-action
A 24-hour nationwide strike by employees of the Electricity Authority of Cyprus (EAC) began at midnight on April 22 and is set to conclude at midnight on April 23, with assurances that electricity supply is expected to remain stable under current conditions....
https://knews.kathimerini.com.cy/en/business/eac-unions-signal-strike-after-disappointing-talks-with-energy-minister
Trade unions of the Electricity Authority of Cyprus (EAC) have expressed strong disappointment following a meeting with Energy Minister Michalis Damianou, warning that a nationwide 24-hour work stoppage will go ahead on Thursday, April 23, 2026....
https://knews.kathimerini.com.cy/en/business/eu-toolbox-to-curb-energy-prices-support-for-all-27-member-states
Brussels is preparing action on four fronts, working closely with Berlin and Paris, with the goal of keeping energy prices under control across the EU’s 27 member states as concerns grow about a renewed crisis in the Middle East....
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
https://knews.kathimerini.com.cy/en/news/eac-rolls-out-energy-saving-push-by-offering-€20-led-vouchers-for-every-home
The Electricity Authority of Cyprus (EAC) Supply has announced the rollout of the second phase of its energy-efficiency initiative, extending €20 vouchers for LED lighting to all residential customers....
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/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/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/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/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
https://knews.kathimerini.com.cy/en/news/middle-east-war-pushes-oil-and-gas-prices-higher-raising-fears-for-consumers
The war in the Middle East is shaking the global energy market and pushing fuel prices higher, raising concerns that ordinary consumers, especially in Europe, will soon feel the impact....
https://knews.kathimerini.com.cy/en/business/business-bankruptcies-soar-83-in-greece-as-new-startups-also-rise
Business bankruptcies increased by 83.2% in 2025, the Hellenic Statistical Authority (ELSTAT) said Thursday....
https://knews.kathimerini.com.cy/en/news/€276-million-in-electricity-never-billed-to-occupied-north-audit-finds
Here’s a number that makes you blink: €276.1 million. That’s the value of electricity supplied over the years to the occupied areas of Cyprus and never billed or collected, according to a new report by the Audit Office....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-hundreds-of-thousands-monthly-as-fsru-prometheus-sits-idle-in-malaysia
Cyprus is continuing to incur substantial monthly costs while the floating natural gas storage and regasification unit (FSRU) Prometheus remains idle in Malaysia....
https://knews.kathimerini.com.cy/en/news/eac-crews-rush-to-restore-power-as-severe-weather-causes-multiple-faults
Electricity Authority of Cyprus crews have been mobilized across the island as severe weather continues to trigger repeated power network faults, according to the organization’s spokesperson, Christina Papadopoulou....
https://knews.kathimerini.com.cy/en/news/cyta-eyes-entry-into-cyprus-electricity-market-with-renewable-power-strategy
CYTA is preparing an ambitious move into Cyprus’s electricity market, aiming first to serve consumers who cannot install their own photovoltaic systems. ...
https://knews.kathimerini.com.cy/en/news/cyprus-water-crisis-deepens-as-dams-run-half-empty
This winter’s performance, at least when it comes to water flowing into Cyprus’ dams, has created what officials describe as an explosive situation. ...
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/high-electricity-bills-aren-t-going-anywhere-in-2026
Uncertainty surrounding Cyprus’ biggest energy projects is expected to persist through 2026, as delays at the liquefied natural gas terminal in Vasiliko and mounting complications with the electricity interconnector leave little room for optimism....
https://knews.kathimerini.com.cy/en/business/from-cement-to-furniture-cyprus-industry-had-a-strong-end-of-year
Cyprus factories were busier than usual in November, and the numbers show it....