https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/news/from-€508-to-€764-pension-reform-promises-biggest-boost-for-lowest-earners
For someone living on a €508 pension, another €256 a month could make a difference at the supermarket, when the electricity bill arrives or when it is time to fill the heating tank....
https://knews.kathimerini.com.cy/en/business/new-chinese-electric-car-brand-enters-the-cypriot-market
A new electric vehicle brand has entered the Cypriot market, with Chinese automaker Linktour Automotive introducing its Alumi model to local consumers. CHR Prime Vehicles Ltd is the brand’s official representative in Cyprus....
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/news/up-to-€32-000-to-make-your-home-cheaper-to-heat-and-cool
If your home struggles to stay cool in summer and warm in winter, a new grant scheme could help cover improvements that reduce the energy it needs and potentially bring down the bills....
https://knews.kathimerini.com.cy/en/business/cyprus-s-import-bill-races-ahead-as-trade-gap-widens-by-€820-million
From the fuel in our cars to the goods arriving on shop shelves, Cyprus buys far more from abroad than it sells overseas. That gap has grown by almost €820 million in a year....
https://knews.kathimerini.com.cy/en/news/same-groceries-very-different-bill-price-gaps-reach-226
Where you buy your groceries could make a substantial difference to what you pay, according to a Cyprus Consumers Association survey that found price gaps of up to 226% for the same products across supermarkets....
https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says
Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....
https://knews.kathimerini.com.cy/en/news/€1-000-baby-essentials-package-and-home-support-for-new-parents
Bringing a baby home comes with plenty of joy—and a shopping list that can put a serious dent in the family budget. For eligible parents in Cyprus, a newly approved scheme will offer €1,000 worth of baby essentials, alongside support at home during the first year....
https://knews.kathimerini.com.cy/en/news/microchips-for-cats-but-who-will-help-local-strays
Cats in Cyprus will gradually come under new EU microchipping and registration requirements, bringing greater accountability for pets on an island where caring for stray cats has become part of everyday life....
https://knews.kathimerini.com.cy/en/news/mitsotakis-cyprus-power-cable-can-proceed-without-giving-up-sovereign-rights
Greek Prime Minister Kyriakos Mitsotakis said Friday that the electricity cable linking Greece and Cyprus ''can and must proceed'' without concessions on Greece’s sovereign rights, backing a project with direct implications for the island’s energy supply....
https://knews.kathimerini.com.cy/en/news/fuel-and-household-bills-squeeze-cyprus-budgets-as-inflation-reaches-3-7
The drive to work, the electricity bill, and the weekly supermarket shop are putting more pressure on household budgets, with inflation in Cyprus reaching 3.7% in September....
https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb
Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....
https://knews.kathimerini.com.cy/en/news/‘the-sky-s-the-limit-christodoulides-touts-u-s-ties-as-trump-shares-interview
President Nikos Christodoulides says Cyprus has never been closer to the United States—and an interview setting out that message has received a boost from Donald Trump himself....
https://knews.kathimerini.com.cy/en/news/france-s-money-troubles-could-reach-your-wallet-in-cyprus
France’s financial problems may feel a long way from the weekly supermarket shop in Nicosia. But when they drag down the euro, the effects can travel....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/news/that-€200-000-home-could-now-cost-you-€15-800-more
You save a little more each month, cut back where you can, and watch your house deposit grow. Then you look at property prices again, and the target has moved....
https://knews.kathimerini.com.cy/en/business/cabinet-approves-seven-measures-to-ease-cost-of-living-pressures
On Wednesday, the Cabinet approved seven proposals by the Finance Minister aimed at easing cost-of-living pressures, with the new measures carrying a total cost of €70 million....
https://knews.kathimerini.com.cy/en/comment/opinion/house-prices-are-rising-are-we-building-homes-people-can-afford
The 8.5% rise in house prices in the second quarter of 2026 is a figure that rightly draws attention. For buyers, however, the question is simpler: Can I still afford a home in the area where I want to live?...
https://knews.kathimerini.com.cy/en/news/u-s-troops-leave-iraq-shifting-the-regional-balance-toward-iran
The United States completed the withdrawal of its remaining troops from Iraq on Wednesday, closing another chapter in a military involvement that began with the invasion that toppled Saddam Hussein 23 years ago....
https://knews.kathimerini.com.cy/en/business/start-your-next-shop-from-your-fridge-lidl-cyprus-powerful-campaign-to-reduce-food-waste
A year after the "Our Strength" campaign, the company returns on the International Day of Awareness of Food Loss and Waste with a simple yet highly significant message for its customers—one that saves money and contributes substantially to reducing food waste.
...
https://knews.kathimerini.com.cy/en/news/central-bank-keeps-banks-safety-cushion-at-1-5-what-does-that-mean-for-you
The Central Bank of Cyprus has decided to keep the country’s countercyclical capital buffer at 1.5%, a term that sounds technical but essentially means banks must continue keeping extra money in reserve for difficult times....
https://knews.kathimerini.com.cy/en/news/relief-is-coming-government-says-but-household-bills-are-not-waiting
For Cypriot households already watching the petrol gauge as closely as the supermarket receipt, the government’s message is simple: help is in place, and more is on the way....
https://knews.kathimerini.com.cy/en/news/filling-the-heating-oil-tank-could-cost-€650-more-this-winter
Winter has not properly arrived yet, but the bill is already beginning to take shape....
https://knews.kathimerini.com.cy/en/news/cost-of-living-squeeze-shows-no-sign-of-slowing
Consumers will face a heavy burden in the coming months, as a new wave of price increases is expected to add to the already high cost of essential goods, putting even greater pressure on household budgets....
https://knews.kathimerini.com.cy/en/news/trump-and-xi-put-on-a-show-but-their-rivalry-could-still-hit-your-pocket
The red carpet was rolled out, the military band was ready and the two first ladies stood neatly beside their husbands....
https://knews.kathimerini.com.cy/en/news/balcony-collapse-forces-evacuation-of-56-flat-building-in-limassol
A balcony collapse at a 56-apartment building in Limassol on Thursday has forced residents from their homes, bringing renewed attention to the safety of ageing properties in a city where around 1,100 buildings are registered as potentially dangerous....
https://knews.kathimerini.com.cy/en/news/limassol-artists-still-waiting-three-months-for-payment-after-municipal-event
Artists who worked at a cultural event organised by the Limassol Municipality have reportedly been waiting for their payment for almost three months, according to actor Yolanda Christodoulou, who has publicly called for an explanation....
https://knews.kathimerini.com.cy/en/news/finance-minister-forecasts-another-budget-surplus-as-public-debt-falls
Cyprus is expected to record a budget surplus for a third consecutive year in 2027, while public debt continues to fall, Finance Minister Makis Keravnos told lawmakers Thursday....
https://knews.kathimerini.com.cy/en/news/after-years-of-talk-cyprus-tells-chevron-it-is-time-to-turn-aphrodite-into-gas
Cyprus has spent years talking about the natural gas beneath its waters. Now, President Nikos Christodoulides says it is time to move from plans and promises to actual production....
