https://knews.kathimerini.com.cy/en/news/the-illusion-of-cheap-fuel
The political paradox is that the state funds a public transport system that has failed to become a sufficiently reliable alternative for much of the population....
https://knews.kathimerini.com.cy/en/news/which-goods-and-services-are-eating-into-household-incomes
Prices across several essential categories of goods and services have risen over the past four years, eating further into household budgets. With the sharpest annual increases now seen in transport, housing, energy and fuel, inflation remains firmly in the picture, steadily eroding households’ purchasing power....
https://knews.kathimerini.com.cy/en/news/averof-keeps-election-plans-unclear-puts-fuel-bills-in-the-spotlight
Averof Neofytou had plenty to say on Friday about what people are paying at the pump. On what he intends to do about the presidential election, the answer remained less clear....
https://knews.kathimerini.com.cy/en/news/energy-bills-schengen-and-the-power-cable-cyprus-priorities-in-brussels
For households watching their energy bills and businesses struggling with running costs, President Nikos Christodoulides took a practical request to Brussels: Give governments more room to help....
https://knews.kathimerini.com.cy/en/news/€502-sewage-bill-but-no-sewerage-system-just-yet
The sewage bill has arrived. The sewerage system has not. Residents in Polis Chrysochous are challenging higher charges for a project whose construction is now expected to begin in 2027, leaving property owners paying more before work gets underway....
https://knews.kathimerini.com.cy/en/news/december-in-sight-for-schengen-decision
Cyprus is pushing for a December discussion on its entry into the Schengen travel zone, with President Nikos Christodoulides in Brussels on Thursday for European Council meetings and talks with fellow EU leaders....
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/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/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/‘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/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/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/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/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....
https://knews.kathimerini.com.cy/en/news/€120-million-kouris-project-to-bring-220km-sewerage-network-to-western-limassol
A major expansion of the sewerage system in western Limassol is getting underway, with construction costs expected to exceed €120 million and infrastructure planned to cover around 33 square kilometres....
https://knews.kathimerini.com.cy/en/news/cyprus-petrol-prices-jump-6-2-in-one-month-among-eu-s-steepest-rises
Cyprus motorists did not imagine it: filling the car became noticeably more expensive in August....
https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished
Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....
