https://knews.kathimerini.com.cy/en/news/cyprus-delivers-results-focused-eu-presidency-says-christodoulides
President of the Republic Nikos Christodoulides presented an assessment of Cyprus’ Presidency of the Council of the European Union following the conclusion of the final European Council meeting held during Cyprus’ six-month term. He described it as “a mission that we carried out with genuine dedication, intensive work, steady progress and tangible results.”...
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/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda
Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....
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/news/turkey-steps-up-focus-on-cyprus-as-israel-ties-expand
Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-reopening-depends-on-mine-clearance-effort
The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....
https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process
In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....
https://knews.kathimerini.com.cy/en/life/vision-string-quartet-brings-dynamic-chamber-music-to-minthis
On 10 July, the internationally acclaimed Vision String Quartet takes the stage at the Minthis Music Festival 2026, presenting its bold and dynamic approach to chamber music, with appearances at major international festivals such as the Schleswig-Holstein Musik Festival, inviting audiences to an experience full of energy and immediacy....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-restarts-funding-to-turkey-after-7-year-freeze
The return of the European Investment Bank (EIB) to Turkey was officially sealed on June 10, marking the revival of new development projects in the country after a seven-year hiatus....
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/life/a-summer-serenade
An evening filled with music, energy, and emotion is coming this summer from Sistema Cyprus. More than 160 children from the organization’s five orchestras will get on stage to present a diverse program that highlights the joy of musical creation and the power of collective expression....
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/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/erdogan-warns-of-very-tough-response-if-turkish-cypriot-rights-are-violated
Turkish President Recep Tayyip Erdogan has issued a strong warning over the Eastern Mediterranean, saying Turkey would respond ''very clearly and very toughly'' if what he described as the rights of Turkey and Turkish Cypriots are violated....
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/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-and-europe-s-unfinished-question
Jean-Claude Juncker has with Cyprus what he himself describes as “a long-standing friendship.” A relationship that dates back to the earliest days of European enlargement and led him to follow the Cypriot question for more than a quarter of a century,...
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....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-renews-its-commitment-to-the-environment-responsibility-grows-actions-multiply
With a consistency that characterizes its sustainability strategy, Lidl Cyprus continues to implement actions with a substantial impact, renewing its commitment to the environment and society. This year, the company's successful campaign, with its timeless message "The greater you are, the greater your responsibility" returns to highlight the steady progress and new, enhanced results of its initiatives....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus
Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....
https://knews.kathimerini.com.cy/en/news/is-nuclear-power-back-on-the-table-for-cyprus-energy-future
Speaking from the Green Agenda conference stage, former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas outlined the potential for Cyprus to join a growing group of countries exploring small modular reactors (SMRs) as part of their future energy mix....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
