https://knews.kathimerini.com.cy/en/business/inflation-picks-up-in-march-as-price-pressures-intensify
Inflation rose by 1.2% in March 2026 compared with the same month in 2025....
https://knews.kathimerini.com.cy/en/news/government-to-roll-out-economic-support-measures-today
President Nikos Christodoulides is expected to announce a new package of economic support measures Thursday aimed at helping businesses and households feeling the financial ripple effects of the war in the Middle East, as rising energy costs and prices continue to weigh on the island’s economy....
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/business-as-usual-for-easter-travel
Cypriots will be packing their bags this Easter season as well, even in wartime conditions, carrying a small dose of uncertainty and insecurity. This year’s Easter, which falls on April 12, finds Cypriot travelers facing a different international environment...
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/iranian-teen-saleh-mohammadi-among-those-executed-after-protest-related-charges
Iran has carried out its first executions connected to the recent anti-government protests, including the killing of a teenage athlete, according to state media and human rights reports....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme
The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100
The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....
https://knews.kathimerini.com.cy/en/news/foreclosure-suspensions-keep-returning-in-cyprus
A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...
https://knews.kathimerini.com.cy/en/news/oil-prices-climb-past-$116-amid-middle-east-tensions
Oil prices are surging at a pace not seen in years, rattling global markets as the war in the Middle East fuels fears of a major energy supply crisis....
https://knews.kathimerini.com.cy/en/news/middle-east-war-pushes-oil-and-gas-prices-higher-raising-fears-for-consumers
The war in the Middle East is shaking the global energy market and pushing fuel prices higher, raising concerns that ordinary consumers, especially in Europe, will soon feel the impact....
https://knews.kathimerini.com.cy/en/comment/opinion/trump-s-proxy-war-moment
President Trump wants to replace Iran’s current regime with a system friendly to the United States, essentially meaning the abandonment of nuclear ambitions and an end to support for satellite regimes that advance Tehran’s theocratic agenda....
https://knews.kathimerini.com.cy/en/business/cyprus-inflation-drops-by-more-than-half-to-1-2-in-january
Cyprus recorded a notable easing of inflation at the start of 2026, placing it among the European Union’s lowest-inflation economies, according to newly released figures from Eurostat....
https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power
The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...
https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/news/migration-and-global-turmoil-dominate-cypriots-fears
A new Eurobarometer survey commissioned by the European Parliament shows that Europeans are increasingly uneasy about global instability, with Cypriots expressing some of the strongest concerns across the EU, particularly on migration....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey
CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....
https://knews.kathimerini.com.cy/en/business/square-one-launches-500-new-homes-in-2026
Square One is entering a defining chapter in its growth....
https://knews.kathimerini.com.cy/en/news/cypriots-wallets-could-tip-the-may-election
Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....
https://knews.kathimerini.com.cy/en/business/minimum-wage-jumps-in-occupied-areas-but-workers-say-they-re-still-falling-behind
In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....