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/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/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/cyprus-facing-legal-action-over-missing-aviation-fuel-penalty-rules
Cyprus is among 13 European Union countries facing legal action from the European Commission for failing to introduce national penalties required under EU aviation fuel legislation designed to encourage the use of cleaner fuels....
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/news/transport-company-owner-arrested-in-diesel-smuggling-case
A coordinated operation by Customs Department officers and members of the Nicosia Crime Prevention Unit led to the seizure of diesel fuel that had allegedly been brought from the occupied areas into the government-controlled territories of the Republic of Cyprus....
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/cyprus-hospitals-see-major-rise-in-patients-while-ghs-expands-in-2024
Cyprus’ healthcare system handled a sharp jump in patients during 2024, with new figures showing more people than ever turning to hospitals, specialists and day-treatment clinics through the General Healthcare System....
https://knews.kathimerini.com.cy/en/news/g-papathanasiou-m-sofocleous-and-g-petrou-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest sustainable development conference, returns to Nicosia on June 4, 2026, under the central theme ''Transition as a responsibility (not a trend),'' bringing to the stage leading figures from the fields of sustainability and innovation....
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/andreas-poullikkas-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest sustainable development conference in Cyprus, returns to Nicosia on June 4, 2026, under the central theme “Transition as a responsibility (not a trend),” bringing together leading voices from the fields of sustainability and innovation....
https://knews.kathimerini.com.cy/en/news/disy-celebrates-surprise-victory-as-demetriou-strengthens-grip-on-party
A victory far beyond what even the party’s biggest optimists had expected emerged when the ballot boxes opened, or, as late former President Glafcos Clerides famously used to say, when ''the tin was opened,'' for Democratic Rally (DISY)....
https://knews.kathimerini.com.cy/en/news/athens-warns-kyiv-over-ukrainian-naval-drones-operating-near-greek-waters
Athens is sending a message to Kyiv that, following the detection and identification of a Ukrainian naval drone off Lefkada, Ukraine should withdraw any drones that remain undetected and operating far from Greek shores....
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/what-really-happens-along-cyprus-green-line
For most Cypriots, the Green Line is simply part of everyday life, a crossing point on the way to the north for coffee, cheaper fuel, or a day trip. But behind the scenes, officials say the buffer zone is now being watched more closely than ever, ...
https://knews.kathimerini.com.cy/en/business/deloitte-launched-the-5th-edition-of-the-middle-east-cyprus-technology-fast-50-celebrating-a-new-generation-of-regional-tech-champions-across-the-region
Deloitte Middle East has announced the results of the 5th edition of its Technology Fast 50 programme, celebrating the fastest-growing technology companies across Cyprus and the Middle East, and spotlighting the founders shaping the region’s future....
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/trozena-plan-fuels-clash-over-development-and-protected-nature-zones
A proposed large-scale development in the abandoned villages of Trozena and Gerovasa, in the heart of semi-mountainous Limassol, is once again bringing to the surface Cyprus’ long-running struggle between rural development and environmental protection....
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.
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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/israel-envoy-pushes-back-against-rhetoric-targeting-israeli-presence-in-cyprus
The Israeli ambassador to Cyprus has pushed back against what he described as growing rhetoric portraying Israeli investments and the presence of Israelis on the island in a negative light, warning that such language risks fueling harmful stereotypes....
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/dinos-lefkaritis-honoured-as-man-of-the-year-2025-in-the-entrepreneur-category
The Executive Managing Director (CEO) of Petrolina (Holdings) Public Limited received the top honour at the "Bank of Cyprus Man of the Year Awards 2025". The award ceremony took place on Tuesday, 5 May 2026, at The Royal Hall in Nicosia, in the presence of representatives from government, the business community and the civil society....
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....
