https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
...
https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus
You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....
https://knews.kathimerini.com.cy/en/news/weekend-outlook-thunderstorms-and-possible-hail-give-way-to-a-brighter-weekend
Cyprus faces a stormy Friday, with showers, isolated thunderstorms and possible hail before conditions gradually improve over the weekend. Mostly clear skies are expected on Sunday and Monday, although temperatures will begin falling below seasonal averages....
https://knews.kathimerini.com.cy/en/news/cyprus-‘fbi-arrests-26-in-nationwide-drug-operation-video
Cyprus’ new organized crime unit arrested 26 people Thursday in a nationwide operation targeting a suspected drug trafficking network and the money police believe helped keep it running....
https://knews.kathimerini.com.cy/en/news/eu-presses-turkey-to-back-cyprus-talks-and-normalize-ties
The European Commission urged Turkey on Wednesday to normalize relations with the Republic of Cyprus and renew its support for United Nations-led reunification talks, stepping up pressure on Ankara days before the island’s two leaders are due to meet with a U.N. envoy....
https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/life/eating-well-after-40-four-simple-ways-to-support-your-health
A balanced diet becomes increasingly important after 40 as the body's nutritional needs change with age. A clinical dietitian shares four simple ways to support muscle mass, digestive health, heart health and overall well-being through everyday food choices....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-pay-more-to-keep-the-lights-on
Businesses in Cyprus paid about 28% more for electricity than the EU average in the first half of 2026, according to Eurostat figures released Wednesday....
https://knews.kathimerini.com.cy/en/news/what-happens-to-the-recycling-you-put-out-in-your-neighborhood
You put the cereal box and the empty milk carton out for recycling. But where do they end up?...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/democrats-win-congress-in-blow-to-trump-as-cyprus-watches-iran-war
Democrats won control of both the U.S. House and Senate in Tuesday’s midterm elections, dealing President Donald Trump a sharp setback and setting up a fight over how he handles the war with Iran....
https://knews.kathimerini.com.cy/en/life/visiting-my-hometown-as-a-tourist
My grandmother and mother are among those displaced in 1974 from Famagusta, and if the war had never happened, I would have been raised there. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/news/america-votes-today-why-should-cyprus-care
If you’re filling up the car in Cyprus this week, the U.S. midterm elections might feel a world away. But one of the issues weighing on American voters is familiar here, too. The war with Iran has pushed up fuel costs, and both countries are feeling it at the pump....
https://knews.kathimerini.com.cy/en/news/october-price-rises-hit-17-products-as-35-become-cheaper-consumers-group-reports
Seventeen products recorded increases of between 5% and 15.31% in their average retail prices during October, while 35 products became cheaper, with reductions ranging from 5% to 12.3%, according to the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/news/uk-fee-cut-could-put-british-universities-back-within-reach-for-cypriots
For Cypriot families who crossed British universities off the list after Brexit, a proposal being discussed in London could offer a reason to look again....
https://knews.kathimerini.com.cy/en/business/cars-from-€500-go-under-the-hammer-in-mosfiloti
A car for €500? That should get a few people to stop scrolling through secondhand listings....
https://knews.kathimerini.com.cy/en/news/wastewater-disposal-identified-as-key-factor-in-pissouri-landslides
The long-term disposal of domestic wastewater into soakaway pits was the main factor behind rising groundwater levels and the reactivation of landslides in Pissouri, according to scientific research published in 2024....
https://knews.kathimerini.com.cy/en/life/weekend-warriors-things-to-do-that-are-less-frightening-than-your-electricity-bill
This weekend, Cyprus presents an important choice: head into a haunted maze and scream, or head into the mountains and eat....
https://knews.kathimerini.com.cy/en/news/uae-moves-closer-to-permanent-embassy-in-israel
Israeli planning authorities have approved plans for a permanent United Arab Emirates embassy in Herzliya, allowing a building of up to 15 floors, six years after the countries established diplomatic relations under the U.S.-brokered Abraham Accords....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/nursing-unions-push-back-against-plans-to-recruit-foreign-nurses
Cyprus’s main nursing unions have called for proposed changes to the rules governing the recruitment of nurses from third countries to be halted, arguing that staffing shortages should be addressed through better employment conditions and recruitment of local professionals....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/israel-s-election-leaves-power-undecided-with-cyprus-watching-closely
Israel’s election has left neither main political bloc with enough seats to govern, setting up difficult coalition negotiations in a country whose security decisions carry consequences for nearby Cyprus....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/business/eko-strikes-deal-to-buy-staroil
The company behind EKO Cyprus has agreed to buy local fuel supplier STAROIL, a deal that could reshape competition in a market where drivers and households are watching fuel prices closely....
