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. ...
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/news/who-s-protecting-the-children-not-social-services-critics-say
The recent case of a 22-month-old child in Limassol hospitalized with burns and signs of severe neglect has once again exposed serious flaws in Cyprus’ Social Welfare Services, a system meant to protect vulnerable children but increasingly criticized as unfit for purpose....
https://knews.kathimerini.com.cy/en/news/forest-department-links-akamas-wildfires-to-acts-of-revenge
The Forest Department has raised serious allegations that many wildfires in the Akamas region may be acts of arson committed in retaliation over state decisions....
https://knews.kathimerini.com.cy/en/business/second-home-program-gives-appliances-a-new-purpose-giving-families-a-new-start
The “Second Home” program by Kotsovolos is a bridge between surplus and need, comfort and struggle, everyday items and extraordinary hope....
https://knews.kathimerini.com.cy/en/news/sentence-looms-for-sergeant-in-commando-s-tragic-death
A military court in Nicosia will announce the sentence next Monday for a sergeant found guilty in the tragic death of 27-year-old commando Panagiotis Gianniou, who drowned during a training exercise in June 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/farmers-call-for-presidential-intervention-claiming-water-allocated-to-golf-courses-instead-of-farms
Banana growers and farmers in Paphos held a protest Saturday morning, demanding the delivery of water promised by the Water Development Department. ...
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/news/not-even-a-water-pistol-minister-sounds-alarm-as-drought-threatens-kataklysmos-fun
As Cyprus heads into the long Kataklysmos weekend, a time usually marked by beach outings, fairs, and plenty of playful splashing, Agriculture Minister Maria Panagiotou has a firm message: it’s time to put an end to water fights....
https://knews.kathimerini.com.cy/en/business/thousands-see-cheaper-monthly-payments-as-boc-lowers-loan-rates
Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....
https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push
Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/news/welfare-ministry-denies-child-benefit-cuts-calls-report-misleading
The Deputy Ministry of Social Welfare has refuted claims that the Child Benefit has been cut, instead announcing an increase in the allowance and an expansion in eligibility to include all middle-class families....
https://knews.kathimerini.com.cy/en/news/more-struggling-homeowners-get-relief-under-government-s-oikia-scheme
The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...
https://knews.kathimerini.com.cy/en/news/cypriots-ready-to-embrace-home-energy-storage-but-only-with-subsidies-survey-finds
A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/news/single-parent-families-get-fairer-deal-under-new-benefit-rules
Cyprus is scrapping a controversial rule that cost many single-parent families their financial support....
https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports
The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....
https://knews.kathimerini.com.cy/en/news/desalination-lifeline-arrives-from-uae-as-island-braces-for-summer-drought
Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....
https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off
If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2025-paving-the-way-for-a-greener-future
As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....
https://knews.kathimerini.com.cy/en/news/do-smart-meters-cause-problems-with-electrical-appliances
Recent reports of household appliances catching fire following the installation of smart meters by the Electricity Authority of Cyprus (EAC) have raised concerns among the public....
