https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/news/larnaca-launches-water-saving-drive-as-cyprus-targets-self-sufficiency-by-2050
Cyprus is pushing for lower household water use as part of a long-term effort to strengthen the island’s water security, with authorities encouraging residents to cut daily consumption and adopt more efficient habits ahead of the peak summer season....
https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus
Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....
https://knews.kathimerini.com.cy/en/diplomatica/children-celebrate-romanian-cypriot-friendship-through-art-in-nicosia
More than 60 children from Romanian families and Romanian-Cypriot households across Cyprus took part in a special International Children’s Day initiative in Nicosia, organised by the Embassy of Romania in Cyprus together with the Alliance of Romanians in Cyprus and Cypriot artist Michalis Pantelidis....
https://knews.kathimerini.com.cy/en/news/over-3-million-water-saving-devices-to-be-handed-out-for-free-across-cyprus
As Cyprus continues to grapple with water shortages and recurring drought conditions, authorities are launching a nationwide effort to help households save water, one tap and shower at a time....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-oil-dependence-despite-renewable-energy-surge
Cyprus remains one of the European Union’s most petroleum-dependent countries, according to the latest Eurostat energy data, even though renewable sources now account for almost all domestic energy production....
https://knews.kathimerini.com.cy/en/business/more-cypriots-are-finding-work-but-young-people-are-still-struggling-to-get-hired
Finding a job in Cyprus may finally be getting a little easier, at least for many adults already in the workforce....
https://knews.kathimerini.com.cy/en/news/g-papathanasiou-m-sofocleous-and-g-petrou-at-green-agenda-2026
The Green Agenda Cyprus Summit, the largest sustainable development conference, returns to Nicosia on June 4, 2026, under the central theme ''Transition as a responsibility (not a trend),'' bringing to the stage leading figures from the fields of sustainability and innovation....
https://knews.kathimerini.com.cy/en/news/europe-scorches-through-spring-as-may-heat-shatters-records
Europe is facing an unusually intense heatwave, with several countries recording temperatures far above seasonal averages weeks before the height of summer....
https://knews.kathimerini.com.cy/en/news/constantinos-yiorkadjis-at-green-agenda-2026
The Green Agenda Cyprus Summit, the island’s largest sustainable development conference, returns to Nicosia on June 4, 2026, under the central theme ''Transition as a responsibility (not a trend),'' bringing to the stage leading figures from the fields of sustainability and innovation....
https://knews.kathimerini.com.cy/en/news/engomi-blackout-blamed-on-human-error-as-eac-targets-illegal-solar-systems
A recent power outage in the Engomi area was caused by human error, according to the Electricity Authority of Cyprus (EAC), which said a contractor accidentally damaged an underground cable during works in the area.
...
https://knews.kathimerini.com.cy/en/news/fire-safety-rules-slow-down-home-solar-battery-storage-rollout
The high expectations created by Cyprus’ household solar panel programme for cheap and affordable electricity are, in practice, proving largely unrealistic....
https://knews.kathimerini.com.cy/en/business/freight-transport-rises-in-cyprus-as-trade-and-domestic-movement-pick-up
Road freight transport in Cyprus increased in the final quarter of 2025, with both domestic and international cargo activity showing steady growth over the year, according to new figures released Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
https://knews.kathimerini.com.cy/en/news/rising-building-costs-could-soon-make-homes-even-pricier
The first major price increases in construction materials for new residential buildings are already becoming visible, driven largely by soaring fuel costs over the past two months, according to property market executives in Greece.
...
https://knews.kathimerini.com.cy/en/news/cyprus-can-t-keep-praying-for-rain-nicosia-eoa-chief-says
Cypriots may still be paying ''satisfactory'' prices for water today, but the country is increasingly feeling the consequences of years of delayed planning and underinvestment in its water system, according to the head of Nicosia’s regional administration organization....
https://knews.kathimerini.com.cy/en/news/ex-mp-blasts-solar-power-deception-after-repeated-photovoltaic-shutdowns
Former Cypriot MEP and doctor Eleni Theocharous has sparked fresh debate over Cyprus’s solar energy system after accusing authorities and energy officials of misleading the public about the benefits of household photovoltaics....
https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end
A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/news/cyprus-households-see-sharp-fall-in-electricity-bills-but-businesses-still-pay-near-the-top-in-europe
Cyprus recorded the largest drop in household electricity prices in the European Union in 2025, offering relief after several years of high energy costs. The improvement, however, tells only part of the story. ...
https://knews.kathimerini.com.cy/en/news/imf-warns-cyprus-against-costly-energy-measures-and-foreclosure-delays
The International Monetary Fund (IMF) has issued clear warnings and observations about the Cypriot economy following the conclusion of its mission to the country, which took place from the last 10 days of April through early May.
...
https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
https://knews.kathimerini.com.cy/en/news/€454m-cap-plan-and-new-funding-calls-target-young-farmers-and-rural-development
Cyprus is rolling out a mix of funding programs, infrastructure projects, and market reforms aimed at strengthening rural communities and supporting farmers, according to the country’s Minister of Agriculture, Rural Development and Environment....
https://knews.kathimerini.com.cy/en/news/cyprus-records-17-1-at-risk-of-poverty-or-social-exclusion-in-2025
Data released by Eurostat shows that in 2025, 17.1% of Cyprus’s population faced the risk of poverty or social exclusion....
https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners
A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/news/watch-your-interest-rates-cbc-sets-legal-limit-at-11-72
The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%, drawing a clear legal line for what counts as excessive and illegal lending....
https://knews.kathimerini.com.cy/en/news/cyprus-and-lithuania-move-closer-as-leaders-pledge-stronger-eu-ties
Cyprus and Lithuania are looking to tighten their ties, with both countries signaling a stronger partnership, not just between them, but also within the European Union....
https://knews.kathimerini.com.cy/en/news/parliament-rules-no-more-wasted-solar-power
In a move that will come as a relief to thousands of households across Cyprus, Parliament has stepped in to stop extra solar energy from simply disappearing....
https://knews.kathimerini.com.cy/en/business/eu-toolbox-to-curb-energy-prices-support-for-all-27-member-states
Brussels is preparing action on four fronts, working closely with Berlin and Paris, with the goal of keeping energy prices under control across the EU’s 27 member states as concerns grow about a renewed crisis in the Middle East....
