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/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/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/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/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/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....
