https://knews.kathimerini.com.cy/en/news/cyprus-dams-receive-140-000-cubic-metres-after-recent-rainfall
Recent rainfall has improved irrigation conditions in Cyprus, but the Water Development Department says the additional water has not altered the country's overall supply strategy or created room for increased irrigation allocations....
https://knews.kathimerini.com.cy/en/news/iran-reportedly-considers-cyprus-target-if-us-war-escalates
Cyprus has again found itself uncomfortably close to a conflict it did not start, as Iran reportedly considers widening its response if the United States launches a renewed offensive....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-more-than-three-times-faster-than-eurozone
Cyprus recorded 3.3% real GDP growth in the second quarter of 2026, putting the economy on a significantly stronger growth path than the eurozone, where expansion was 1%, Finance Minister Makis Keravnos said Friday....
https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
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/us-lawmakers-push-washington-to-back-power-cable-linking-island-to-europe
For households used to opening their electricity bills with one eye closed, an undersea cable promising to connect the island to Europe’s power grid sounds important, and a group of US lawmakers agrees....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/business/the-rising-and-falling-cost-of-everyday-essentials
An uneven picture has emerged on supermarket shelves since the beginning of the year, with some products recording increases of up to 30%, while other basic products have become cheaper. ...
https://knews.kathimerini.com.cy/en/news/thirteen-minutes-to-defend-30-months-in-office
Thirteen minutes is a long time in politics. For outgoing Agriculture Minister Maria Panayiotou, it was enough time to give a fairly glowing account of her 30 months in office....
https://knews.kathimerini.com.cy/en/news/french-investor-throws-its-weight-behind-cyprus-greece-power-cable
After months of uncertainty over whether the much-discussed electricity cable between Cyprus and Greece would actually move forward, a major French investor has entered the picture, and it is taking control....
https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity
A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....
https://knews.kathimerini.com.cy/en/news/more-than-4-200-apply-for-mortgage-to-rent-scheme-as-deadline-extended
For hundreds of households struggling with bad loans, the possibility of losing the family home has been hanging over them for years. Cyprus' mortgage-to-rent scheme is offering some of those borrowers a way to stay put, and thousands are trying to get in....
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/a-mountain-break-for-less-who-qualifies-for-cyprus-holiday-subsidy
For many families and pensioners in Cyprus, even a few nights away can be difficult to afford. Hotel prices, meals, and transport quickly add up, especially when household budgets are already stretched....
https://knews.kathimerini.com.cy/en/news/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
https://knews.kathimerini.com.cy/en/news/monday-commute-gets-more-expensive-in-nicosia-and-larnaca
The Monday morning commute comes with a higher price tag for bus passengers in Nicosia and Larnaca, as new fares take effect on Aug. 3....
https://knews.kathimerini.com.cy/en/news/eac-unions-suspend-industrial-action-until-september
Trade unions representing employees at the Electricity Authority of Cyprus (EAC) have suspended the industrial action they had planned until September, citing the difficult conditions currently affecting the country's electricity system....
https://knews.kathimerini.com.cy/en/news/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks
If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....
https://knews.kathimerini.com.cy/en/news/paid-nearly-€10-000-for-solar-panels-that-never-arrived-police-say
Thinking about installing solar panels to cut your electricity bills? Police are urging people to do their homework after a Paphos resident allegedly lost €9,800 in a deal that never materialized....
https://knews.kathimerini.com.cy/en/news/over-100-firefighters-battle-fast-moving-heathland-blaze-in-suffolk
Emergency services in eastern England continue to respond to a major wildfire on Dunwich Heath in Suffolk, where around 120 firefighters and 18 fire engines are working to contain a rapidly spreading blaze....
https://knews.kathimerini.com.cy/en/business/before-you-buy-you-ll-soon-be-able-to-check-if-it-s-been-recalled
Ever bought something only to later discover it had been recalled? Soon, checking whether a product is safe could be as easy as checking the weather....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-emerges-as-no-1-in-best-price-quality-ratio-for-the-3rd-time
The best price-quality ratio is not just a title, but a reflection of the daily experience of consumers who choose Lidl Cyprus for their shopping. A confirmation of this experience comes through a significant distinction, once again, as the company emerges as “No. 1 in best price-quality ratio” for the 3rd time....
https://knews.kathimerini.com.cy/en/news/student-housing-shock-a-one-bedroom-in-limassol-now-costs-more-than-€1-200-a-month
For thousands of students starting university each year, finding a place to live is one of the biggest challenges they face. Their families also feel the pressure, as soaring rents and the rising cost of living mean digging deeper into their pockets than ever before....
https://knews.kathimerini.com.cy/en/news/rescue-teams-race-to-save-trapped-workers-after-powerful-quake-hits-southern-japan
Emergency crews in southwestern Japan were searching late Tuesday for survivors trapped inside a partially collapsed shopping centre following a powerful earthquake on the island of Kyushu....
https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/news/applications-open-for-2026-residential-solar-water-heating-grant
Homeowners can now apply for government grants to install or replace solar water heating systems under the 2026 Residential Solar Water Heating Systems Grant Scheme, with funding available until 2,000 applications have been submitted across its two categories....
https://knews.kathimerini.com.cy/en/comment/opinion/the-housing-crisis-is-not-just-about-homes-it-s-about-cyprus-future
The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....
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/life/michalakis-sergides-stores-to-shut-its-doors-after-almost-eight-decades
A long-standing family business that has been part of daily life in the mountain villages of Kambos and Tsakkistra for almost 80 years will close its doors next month, bringing to an end a tradition that has spanned generations....
