https://knews.kathimerini.com.cy/en/business/€174-million-support-package-planned-to-shield-vulnerable-groups-from-energy-costs
Vulnerable households in Cyprus are set to receive €174 million in financial support between 2027 and 2032 as the government prepares for new European energy rules that are expected to increase fuel costs....
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/business/cyprus-environmental-tax-revenue-reaches-€718-7-million
Environmental tax revenue in Cyprus reached €718.72 million in 2024, according to new figures released by Eurostat, as environmental tax receipts across the European Union increased to a record €371.9 billion....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
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.
...
https://knews.kathimerini.com.cy/en/news/cyprus-government-offers-72-month-tax-debt-plan-as-billions-in-old-debts-loom
The government is rolling out a new 72-installment plan to help individuals and businesses settle long-standing debts to the tax office and social security funds, in one of its biggest debt restructuring moves in years....
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/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay
A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....
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/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
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/news/oil-prices-bounce-back-in-asia-amid-middle-east-tensions
Oil prices rebounded in early Asian trading Tuesday, reversing some of yesterday’s losses as ongoing Middle East tensions and supply concerns outweighed the impact of strategic reserve releases....
https://knews.kathimerini.com.cy/en/news/trump-delivers-longest-state-of-the-union-in-us-history
President Donald Trump set a record Tuesday night, delivering the longest State of the Union address in U.S. history....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
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/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-puts-more-money-back-in-families-pockets
Cyprus’ long-awaited tax reform has officially taken effect, and families, workers, and businesses are already feeling the impact. ...
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/news/say-it-isn-t-so-the-trump–elon-bromance-blows-up-online
Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....
https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs
Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....
https://knews.kathimerini.com.cy/en/business/cyprus-fuel-prices-raise-eyebrows-and-questions
If you feel like you’re paying more at the pump lately, you’re not imagining it....
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/comment/opinion/brain-gain-as-cypriots-return-to-growing-opportunities
The door has opened. There’s a flow of talent heading to Cyprus, driven by the country’s growing need for skilled workers, especially in technology and ICT. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/news/calls-for-action-against-energy-poverty-amid-tragic-deaths
Political parties are urging immediate action against energy poverty following a series of fatal fires caused by unsafe heating conditions....
