https://knews.kathimerini.com.cy/en/news/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
https://knews.kathimerini.com.cy/en/news/monday-commute-gets-more-expensive-in-nicosia-and-larnaca
The Monday morning commute comes with a higher price tag for bus passengers in Nicosia and Larnaca, as new fares take effect on Aug. 3....
https://knews.kathimerini.com.cy/en/news/eac-unions-suspend-industrial-action-until-september
Trade unions representing employees at the Electricity Authority of Cyprus (EAC) have suspended the industrial action they had planned until September, citing the difficult conditions currently affecting the country's electricity system....
https://knews.kathimerini.com.cy/en/news/cypriots-are-choosing-fixed-rate-home-loans-and-it-s-saving-them-from-interest-rate-shocks
If you're taking out a mortgage in Cyprus today, chances are you're choosing a fixed interest rate rather than gambling on where borrowing costs might go next....
https://knews.kathimerini.com.cy/en/news/paid-nearly-€10-000-for-solar-panels-that-never-arrived-police-say
Thinking about installing solar panels to cut your electricity bills? Police are urging people to do their homework after a Paphos resident allegedly lost €9,800 in a deal that never materialized....
https://knews.kathimerini.com.cy/en/news/over-100-firefighters-battle-fast-moving-heathland-blaze-in-suffolk
Emergency services in eastern England continue to respond to a major wildfire on Dunwich Heath in Suffolk, where around 120 firefighters and 18 fire engines are working to contain a rapidly spreading blaze....
https://knews.kathimerini.com.cy/en/business/before-you-buy-you-ll-soon-be-able-to-check-if-it-s-been-recalled
Ever bought something only to later discover it had been recalled? Soon, checking whether a product is safe could be as easy as checking the weather....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-emerges-as-no-1-in-best-price-quality-ratio-for-the-3rd-time
The best price-quality ratio is not just a title, but a reflection of the daily experience of consumers who choose Lidl Cyprus for their shopping. A confirmation of this experience comes through a significant distinction, once again, as the company emerges as “No. 1 in best price-quality ratio” for the 3rd time....
https://knews.kathimerini.com.cy/en/news/student-housing-shock-a-one-bedroom-in-limassol-now-costs-more-than-€1-200-a-month
For thousands of students starting university each year, finding a place to live is one of the biggest challenges they face. Their families also feel the pressure, as soaring rents and the rising cost of living mean digging deeper into their pockets than ever before....
https://knews.kathimerini.com.cy/en/news/rescue-teams-race-to-save-trapped-workers-after-powerful-quake-hits-southern-japan
Emergency crews in southwestern Japan were searching late Tuesday for survivors trapped inside a partially collapsed shopping centre following a powerful earthquake on the island of Kyushu....
https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/news/applications-open-for-2026-residential-solar-water-heating-grant
Homeowners can now apply for government grants to install or replace solar water heating systems under the 2026 Residential Solar Water Heating Systems Grant Scheme, with funding available until 2,000 applications have been submitted across its two categories....
https://knews.kathimerini.com.cy/en/comment/opinion/the-housing-crisis-is-not-just-about-homes-it-s-about-cyprus-future
The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/life/michalakis-sergides-stores-to-shut-its-doors-after-almost-eight-decades
A long-standing family business that has been part of daily life in the mountain villages of Kambos and Tsakkistra for almost 80 years will close its doors next month, bringing to an end a tradition that has spanned generations....
https://knews.kathimerini.com.cy/en/news/check-your-television-now-or-risk-losing-your-channels
If your television suddenly stops showing your favorite channels in the coming months, it may not be a problem with your antenna; it could be because your TV is not compatible with Cyprus’ new digital broadcasting system....
https://knews.kathimerini.com.cy/en/news/cyprus-is-desperate-for-water-but-wasting-what-it-already-has
At a time when climate change is reshaping the way countries collect and manage water resources, Cyprus is facing a major contradiction: the island is struggling with water shortages while millions of cubic meters of treated wastewater remain unused....
https://knews.kathimerini.com.cy/en/news/cyprus-households-can-get-up-to-€900-to-replace-old-solar-water-heaters
Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....
https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on
Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...
https://knews.kathimerini.com.cy/en/news/andy-burnham-takes-over-as-pm-after-starmer-s-dramatic-exit
Britain has a new prime minister, with former Manchester mayor Andy Burnham taking the keys to Downing Street after replacing Keir Starmer as leader of the ruling Labour Party....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-workers-from-other-member-states
Cyprus is one of the European Union’s biggest magnets for workers from other EU countries, ranking second among all member states for the share of its working-age population made up of people born elsewhere in the bloc....
https://knews.kathimerini.com.cy/en/news/a-€10-charge-a-€23-million-debate-and-a-fight-over-responsibility
A new fee on garbage that could eventually affect household waste costs has turned into the latest political battleground in Cyprus, with the government and DISY trading accusations over who is responsible for the way the reform is being introduced....
https://knews.kathimerini.com.cy/en/news/nearly-three-in-10-cyprus-homes-have-improved-energy-efficiency
Almost three in every 10 people in Cyprus were living in homes with improved energy performance in 2025, according to new figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/water-use-remains-above-last-year-s-levels
Water consumption across Cyprus continues to exceed the levels recorded during the same period in 2025, prompting renewed calls for residents to cut unnecessary use and make better use of available water-saving measures....
https://knews.kathimerini.com.cy/en/news/another-illegal-dumping-mess-this-time-outside-an-aglantzia-school
A pile of broken chairs, plastic, glass, bags, boxes, and other rubbish dumped outside Aglantzia’s Third Primary School has left residents angry, with many asking the same question: Why are people still treating public spaces like rubbish dumps?...
https://knews.kathimerini.com.cy/en/news/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances
Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....
https://knews.kathimerini.com.cy/en/news/waste-tax-could-leave-households-paying-more-before-recycling-systems-improve
Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....
https://knews.kathimerini.com.cy/en/news/what-cyprus-can-learn-from-lithuania-s-energy-independence-journey
Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....
https://knews.kathimerini.com.cy/en/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint
Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...
