https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/mavrokolympos-back-in-service-what-we-re-waiting-for-now-is-rain
The Mavrokolympos dam in Paphos, whose sudden damage earlier this year triggered water shortages and forced Cyprus to import mobile desalination units, has finally been repaired, authorities announced....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-fined-hundreds-of-thousands-for-unfair-loan-terms
Cyprus’ Consumer Protection Service (CPS) has hit the two largest banks in the country with hefty fines for using illegal or unfair terms in their loan agreements, warning that thousands of borrowers may be affected....
https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025
Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....
https://knews.kathimerini.com.cy/en/news/net-metering-applications-open-through-year-end-energy-minister-says
Applications for Cyprus’ net metering program for rooftop solar panels will be accepted until the end of the year, said Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/paphos-water-worries-put-to-rest
Residents of Paphos can breathe easier when it comes to drinking water. Government officials say new desalination units will secure supply for the district through at least 2026, regardless of rainfall....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-in-quality-and-recognition
Remaining committed to quality and taste, Lidl Cyprus stood out with its products at the Superior Taste Award. ...
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/news/techisland-delivers-600-air-purifiers-to-wildfire-affected-villages
As part of the collective programme announced in July in response to this year’s wildfires in Cyprus, TechIsland has distributed 615 air purifiers to households in affected villages....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-reduces-prices-on-all-baked-goods-by-15-and-launches-a-humorous-campaign
Lidl Cyprus is launching an initiative to lighten the burden on consumers and increase everyday enjoyment. From September 4 to October 1, 2025, the company will reduce prices on all popular, freshly baked pastries by 15%. The campaign is accompanied by a new, humorous advertising campaign entitled “Rumors Say”....
https://knews.kathimerini.com.cy/en/news/vasiliko-delays-keep-cyprus-stuck-with-sky-high-power-bills
Cypriot households already struggling with some of Europe’s highest electricity bills are being told they’ll have to wait even longer for relief, as delays and political wrangling over the Vasiliko energy project threaten to keep prices high for at least three more years....
https://knews.kathimerini.com.cy/en/news/homeowners-to-receive-state-aid-for-storm-damaged-solar-water-heaters
Homeowners whose solar water heaters were damaged during severe weather in February will receive financial assistance by the end of October, the government announced Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-nationwide-strike-over-cost-of-living-dispute
Cyprus is bracing for a nationwide strike next week, after trade unions announced a three-hour walkout on Sept. 11 in protest over stalled talks on the cost-of-living allowance known as ATA....
https://knews.kathimerini.com.cy/en/news/from-free-to-for-sale
What was meant as a green gift to struggling households in Cyprus has, ironically, turned into an online marketplace....
https://knews.kathimerini.com.cy/en/news/garbage-dump-in-limassol-forest-is-a-fire-waiting-to-happen
Trash heaps in a forest near Kalo Chorio’s Agia Paraskevi chapel and picnic site are sparking anger, with locals warning that Cyprus is sleepwalking into another environmental disaster....
https://knews.kathimerini.com.cy/en/news/majority-of-wildfire-aid-distributed-government-says
Authorities in Cyprus say most of the emergency relief promised to families hit by last month’s devastating wildfires in the Limassol district has already been distributed....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-record-for-wasted-solar-energy-in-2025
Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....
https://knews.kathimerini.com.cy/en/business/lawmakers-demand-faster-action-on-energy-storage-as-costs-and-uncertainty-persist
Last week’s electricity outages have put the government under intense scrutiny, with critics blaming poor management of the country’s power system....
https://knews.kathimerini.com.cy/en/business/cyprus-aims-to-complete-energy-storage-system-by-2026-launch-competitive-electricity-market-in-2025
The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, Government Spokesperson Konstantinos Letymbiotis said Monday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-posts-third-highest-rise-in-eu-greenhouse-gas-emissions-eurostat-says
Cyprus posted one of the sharpest rises in greenhouse gas emissions in the European Union during the first quarter of 2025, according to figures released Friday by Eurostat....
https://knews.kathimerini.com.cy/en/business/cyprus-shopping-bill-outpaces-its-sales-trade-deficit-grows-in-first-half-of-2025
New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-savers-earn-less-borrowers-pay-more-as-banks-widen-gap-with-eurozone
If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/safety-concerns-or-just-a-tax-grab
A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....
https://knews.kathimerini.com.cy/en/news/water-supply-restored-in-limassol-after-wildfires-officials-say
The water supply network in Limassol is gradually returning to normal following the devastating wildfires in the region’s mountainous areas, officials said Monday....
https://knews.kathimerini.com.cy/en/news/we-failed-president-apologizes-over-wildfire-response-announces-12-relief-measures
President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....
https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
