https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-drivers-stuck-with-faulty-airbags-€100-per-week-for-waiting
The Cypriot government has handed out one-time payments to drivers whose cars were grounded because of faulty airbags, a move aimed at easing frustration and financial strain caused by a nationwide vehicle recall....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/serious-crime-is-rising-in-cyprus-and-it-s-not-just-break-ins-anymore
Serious crime in Cyprus is going up again, slowly, quietly, but steadily, and the latest official figures suggest it’s becoming a trend rather than a one-off spike....
https://knews.kathimerini.com.cy/en/news/parents-plead-guilty-in-larnaca-child-abuse-case-involving-five-minors
A deeply disturbing case involving the prolonged abuse of five children in the Larnaca district has entered a critical phase, with both parents formally acknowledging their guilt before the Criminal Court....
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-inaugurated-a-new-store-in-agios-dometios-with-an-investment-of-€11-million
Lidl Cyprus continues its dynamic growth with a new, fully upgraded store at 51 Kyriakou Matsi Avenue in Agios Dometios, ready to welcome consumers from the wider Nicosia area with high-quality products, unbeatable prices, consistent availability, and an upgraded customer experience....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/news/heavy-rains-fail-to-rescue-cyprus-reservoirs-from-record-low-levels
Since the start of October, inflows have totaled just 295,000 cubic meters, the lowest in the past ten years for this time of year....
https://knews.kathimerini.com.cy/en/news/famagusta-may-name-and-shame-big-debtors-to-recover-€14-million
Famagusta officials want the green light to publicly name people and companies who owe large, long-overdue debts to the local authority, a move they say is needed to pressure chronic non-payers....
https://knews.kathimerini.com.cy/en/news/chemical-mix-up-blamed-for-fumes-that-forced-evacuation-of-government-offices
A chemical mishap is believed to be behind the fumes that forced the evacuation of a building in Larnaca which also houses the Tax Department, after a woman reported feeling unwell. ...
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/comment/opinion/send-an-e-mail
How much reform has the Local Government Reform actually brought to our lives? They ought to have some data, after all....
https://knews.kathimerini.com.cy/en/news/eu-launches-legal-action-against-26-member-states-including-cyprus-over-energy-efficiency-delays
The European Commission has initiated formal infringement proceedings against 26 EU Member States, including Cyprus, for failing to integrate the Energy Efficiency Directive (EU) 2023/1791 into their national laws. ...
https://knews.kathimerini.com.cy/en/news/cyprus-pushes-for-electricity-links-to-strengthen-regional-influence
Cyprus is taking bold steps to establish itself as a key player in the Eastern Mediterranean energy scene, President Nikos Christodoulides said Tuesday at the 13th Energy Symposium. ...
https://knews.kathimerini.com.cy/en/news/iran-tries-to-squeeze-rain-from-empty-skies-as-record-drought-deepens
With reservoirs running dry and the country’s largest lake turning into a cracked salt bed, Iran is now trying to manufacture the one thing it desperately lacks: rain....
https://knews.kathimerini.com.cy/en/business/innovative-high-voltage-system-in-the-cayenne-electric-performance-meets-efficiency
The Cayenne Electric will be launched in a few weeks, featuring innovative high-voltage technology. With a function-integrated battery, powerful dual cooling, intelligent thermal management and robust charging performance...
https://knews.kathimerini.com.cy/en/news/ypsonas-residents-to-get-garbage-fee-refunds-as-major-infrastructure-works-drag-on
A year into a sweeping infrastructure overhaul that has left several streets in Ypsonas closed to vehicles, the local municipality has decided to cancel this year’s household garbage collection fees and refund residents who already paid them....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september
Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....
https://knews.kathimerini.com.cy/en/news/households-told-to-save-water-while-companies-pump-unchecked
As Cyprus urges households to cut back on water use amid one of the driest years in a decade, mounting criticism points to a glaring gap: while families face restrictions and fines, large companies continue using vast amounts of water with little oversight....
https://knews.kathimerini.com.cy/en/business/low-demand-and-lack-of-storage-forcing-cyprus-to-cut-solar-power-output
As Cyprus heads into winter, some households have already begun experiencing cuts to their photovoltaic (PV) system output....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024
Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....
