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/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/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/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/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....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-oil-dependence-despite-renewable-energy-surge
Cyprus remains one of the European Union’s most petroleum-dependent countries, according to the latest Eurostat energy data, even though renewable sources now account for almost all domestic energy production....
https://knews.kathimerini.com.cy/en/business/more-cypriots-are-finding-work-but-young-people-are-still-struggling-to-get-hired
Finding a job in Cyprus may finally be getting a little easier, at least for many adults already in the workforce....
https://knews.kathimerini.com.cy/en/news/families-students-and-pet-owners-set-sail-again-from-limassol
For many Cypriots, summer does not truly begin until the Cyprus-Greece ferry pulls out of Limassol port....
https://knews.kathimerini.com.cy/en/news/fuel-prices-in-cyprus-expected-to-drop-within-10-days-industry-says
Drivers in Cyprus could soon see some relief at the pump, with fuel prices expected to fall within the next 10 days following a recent drop in international oil prices, according to the head of the Pancyprian Association of Gas Station Owners....
https://knews.kathimerini.com.cy/en/news/us-gas-now-supplies-most-of-europe-s-lng-imports
Europe imported more liquefied natural gas than ever before in 2025, according to a new report from the European Union Agency for the Cooperation of Energy Regulators (ACER). The findings show how LNG has become a central part of the continent’s energy supply after European countries reduced purchases of Russian gas....
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/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/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end
A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....
https://knews.kathimerini.com.cy/en/business/byd-expands-cyprus-presence-as-demand-for-electric-and-hybrid-cars-grows
BYD is strengthening its presence in the Cyprus market in 2026, expanding both its infrastructure and sales performance as demand for electric and plug-in hybrid vehicles continues to grow on the island....
https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel
Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry.
...
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-tourism-slumps-as-british-demand-drops-and-bookings-fall-60
The main source of tourism for Cyprus is weakening this year. British travelers, who make up the country’s largest tourism market, are showing hesitation and caution because of geopolitical instability in the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/business/eu-issues-final-warning-to-cyprus-over-delayed-aviation-climate-rules
The European Commission has issued a formal "reasoned opinion" to Cyprus, marking a final legal warning over the government's failure to transpose critical EU aviation climate laws....
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/cyprus-and-lithuania-move-closer-as-leaders-pledge-stronger-eu-ties
Cyprus and Lithuania are looking to tighten their ties, with both countries signaling a stronger partnership, not just between them, but also within the European Union....
https://knews.kathimerini.com.cy/en/news/airfares-set-to-surge-this-summer-as-united-hikes-prices-and-lufthansa-slashes-flights
If you’re planning a summer getaway, brace yourself; flying is about to get more expensive and a lot less predictable....
https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cyprus-biggest-projects-always-delayed
Cyprus is struggling with long and costly delays in major infrastructure projects, with some of the country’s most high-profile developments still stuck in limbo....
https://knews.kathimerini.com.cy/en/news/transport-minister-warns-of-fuel-shortage
Cyprus is warning that fuel supplies across Europe could face disruptions, as tensions in the Middle East raise fresh concerns about energy security and transport....
https://knews.kathimerini.com.cy/en/news/cyprus–greece-ferry-returns-for-summer-with-upgrades-and-pet-friendly-cabins
Just in time for summer, the Cyprus–Greece ferry link is gearing up for a fresh season...and this year, it’s getting a noticeable upgrade....
https://knews.kathimerini.com.cy/en/business/eu-rejects-claims-of-imminent-jet-fuel-shortage-across-europe
European officials have pushed back against claims that aviation fuel supplies across the EU could run out within six weeks, calling such reports misleading....
