https://knews.kathimerini.com.cy/en/news/ikea-cyprus-cuts-prices-on-300-products-and-yes-you-still-have-to-build-them
Good news for anyone whose bookshelf is being held together by optimism: IKEA Cyprus is cutting prices on more than 300 home-furnishing products....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-set-to-stay-saving-drivers-8-33-cents-a-litre-until-november
Cyprus drivers are set to keep saving 8.33 cents on every litre of fuel until the end of November, after the Finance Ministry confirmed plans to extend the current reduction in fuel tax....
https://knews.kathimerini.com.cy/en/news/charge-your-phones-monday-power-cuts-planned-in-paphos
Residents in several Paphos communities should charge their phones, plan their morning coffee and prepare for scheduled power cuts Monday....
https://knews.kathimerini.com.cy/en/news/€610-million-plan-to-rebuild-cyprus-livestock-farming
Cyprus is considering a €610 million overhaul of its livestock industry after the foot-and-mouth disease crisis exposed serious weaknesses in the way farms operate....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-falls-to-3-6-as-more-people-find-work
Finding a job in Cyprus appears to be getting easier, at least on paper....
https://knews.kathimerini.com.cy/en/news/childcare-and-tuition-support-applications-expected-to-open-in-september
The government is preparing to open applications for two schemes that provide financial support for families paying kindergarten and childcare costs during the 2026-2027 school year....
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/mortgage-relief-may-have-to-wait-as-ecb-official-calls-for-higher-rates
Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
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https://knews.kathimerini.com.cy/en/news/storage-heater-users-face-higher-electricity-costs-with-end-of-eac-subsidy
Households still using electric storage heaters are facing higher electricity costs following the end of a subsidy that the Electricity Authority of Cyprus (EAC) had maintained for almost a decade....
https://knews.kathimerini.com.cy/en/news/cyprus-advances-€95-million-electricity-grid-upgrade-to-support-renewables
Cyprus is advancing a major programme to modernise key parts of its electricity network, aiming to prepare the grid for higher shares of renewable energy, energy storage and fewer instances of renewable generation being switched off....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/two-trips-a-year-and-counting-cypriots-refuse-to-stay-home
For an island that requires a plane or boat to get almost anywhere, Cyprus residents certainly are not letting geography keep them at home....
https://knews.kathimerini.com.cy/en/news/power-cuts-hit-cyprus-during-heatwave-as-generation-failure-disrupts-grid
Several areas across Cyprus were left without electricity on Friday morning, with power cuts reported in all districts as temperatures remained high and a yellow weather warning was due to come into force....
https://knews.kathimerini.com.cy/en/news/your-wallet-wasn-t-imagining-it-cyprus-prices-are-climbing-faster-than-most-of-europe
If your salary seems to be disappearing more quickly than it did a year ago, the latest figures offer an uncomfortable explanation: Cyprus now has one of the highest inflation rates in the European Union....
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....
