https://knews.kathimerini.com.cy/en/business/cyprus-fuel-prices-edge-towards-2022-record-levels
Fuel prices in Cyprus are once again approaching levels last seen during the sharp energy crisis of 2022, with motorists facing significantly higher costs at the pump and further increases expected in the coming period....
https://knews.kathimerini.com.cy/en/news/soaring-fuel-prices-threaten-a-new-wave-of-increases-across-cyprus
Cypriot consumers have returned to their daily routines facing steep fuel increases and the prospect of another chain reaction of higher prices for goods and services....
https://knews.kathimerini.com.cy/en/news/erdogan-revives-threats-over-greek-islands-after-achilles-shield-agreement
Tensions between Greece and Turkey have returned to the forefront after Turkish President Recep Tayyip Erdogan issued fresh warnings over the militarisation of Greek islands, while Ankara also revived its objections concerning disputed areas in the Aegean....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
...
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-vulnerable-to-the-climate-crisis
“Net zero” is not just a slogan. It is a legal obligation to reach climate neutrality by 2050. The roadmap requires a 55 percent cut in net emissions by 2030 from 1990 levels and, under the revised Climate Law finished in February, a 90 percent cut by 2040....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/oil-prices-tumble-but-when-will-cyprus-drivers-feel-it-at-the-pump
Cyprus drivers watching international oil prices tumble may be asking a familiar question: If oil is getting cheaper, when will petrol follow?...
https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages
Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....
https://knews.kathimerini.com.cy/en/news/cyprus-is-betting-big-on-egypt-then-a-drone-struck-one-of-its-key-energy-ports
Cyprus is investing billions in becoming a gas exporter, but that future depends on regional stability, and that stability is looking increasingly fragile....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on
Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/news/energy-expert-claims-renewable-cartel-is-profiting-warns-of-fragile-supply
A summer of high electricity demand is renewing attention on Cyprus' ability to maintain a stable power supply, despite temperatures remaining within seasonal averages during the opening weeks of the season....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
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/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/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/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/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/news/green-agenda-cyprus-summit-2026-ends-with-great-success
The Green Agenda Cyprus Summit 2026, Cyprus’ largest sustainability conference, was held with great success on Thursday, June 4, 2026, at Hilton Nicosia, bringing together representatives from government, business, academia, and organizations, alongside distinguished speakers from Cyprus and abroad....
https://knews.kathimerini.com.cy/en/business/halloumi-recipe-changed-as-effects-of-foot-and-mouth-hit-milk-supply
Cyprus’ most famous cheese is once again at the center of a growing crisis after the government announced it will temporarily reduce the amount of goat and sheep milk required in halloumi production because of the ongoing foot-and-mouth disease outbreak....
https://knews.kathimerini.com.cy/en/news/will-the-cyprus-greece-cable-ever-happen
The Great Sea Interconnector (GSI), which is the undersea electricity cable connecting Cyprus to Crete and eventually mainland Greece, was once presented as a game-changing project that could end Cyprus’ energy isolation, stabilize the island’s electricity network and potentially lower power bills for consumers....
https://knews.kathimerini.com.cy/en/news/rising-building-costs-could-soon-make-homes-even-pricier
The first major price increases in construction materials for new residential buildings are already becoming visible, driven largely by soaring fuel costs over the past two months, according to property market executives in Greece.
...
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability
Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....
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/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
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....
