https://knews.kathimerini.com.cy/en/news/home-prices-rose-in-cyprus-but-did-household-incomes-keep-up
If you spent last year saving for a flat, a steady housing index might sound at odds with what you saw in the listings....
https://knews.kathimerini.com.cy/en/news/two-contenders-for-lagarde-s-job-as-europe-weighs-who-will-steer-interest-rates
Eurozone finance ministers opened talks Monday on who should succeed Christine Lagarde at the European Central Bank, a choice that comes as higher energy prices complicate the bank’s decisions on interest rates. ...
https://knews.kathimerini.com.cy/en/news/eu-weighs-higher-taxes-on-cigarettes-and-vapes
A €4.80 pack of cigarettes in Greece already includes about €3.83 in taxes. European Union finance ministers meet Monday in Brussels to try to agree on how much higher tobacco taxes should go and how quickly countries should have to raise them....
https://knews.kathimerini.com.cy/en/business/lidl-launches-international-christmas-campaign
At the heart of this year's Christmas campaign is Niko the Nutcracker. As the figurehead of the campaign, he breaks free from his traditional role and invites everyone to rediscover the magic of enjoyment. With high quality, a wide variety of products and affordable prices, Lidl makes these special moments of enjoyment accessible to everyone. The campaign is complemented by a vegetarian Christmas menu and national donation initiatives, such as the Corporate Social Responsibility campaign supporting the Cyprus Anti-Cancer Society.
...
https://knews.kathimerini.com.cy/en/news/how-democrats-won-ground-in-rural-america-and-took-congress
Kirsten is from Seattle, has lived in Cyprus for many years and goes back to the United States at least once a year to visit family. She voted from Cyprus in Tuesday’s midterms,...
https://knews.kathimerini.com.cy/en/news/seven-limassol-communities-get-access-to-small-business-grants-of-up-to-€50-000
If you’ve been thinking about opening a day care center in Pissouri or expanding a creative workshop in Episkopi, a new grant could cover half the cost. A €250,000 scheme is offering up to €50,000 per project to very small and small businesses in seven Limassol district communities....
https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus
You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....
https://knews.kathimerini.com.cy/en/news/eu-presses-turkey-to-back-cyprus-talks-and-normalize-ties
The European Commission urged Turkey on Wednesday to normalize relations with the Republic of Cyprus and renew its support for United Nations-led reunification talks, stepping up pressure on Ankara days before the island’s two leaders are due to meet with a U.N. envoy....
https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/comment/opinion/tourists-kept-coming-to-cyprus-so-why-did-hotel-profits-fall
Tourism directly accounts for 13% to 15% of Cyprus’ GDP, and more than 25% once we count the economic activity it supports along the way....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/democrats-win-congress-in-blow-to-trump-as-cyprus-watches-iran-war
Democrats won control of both the U.S. House and Senate in Tuesday’s midterm elections, dealing President Donald Trump a sharp setback and setting up a fight over how he handles the war with Iran....
https://knews.kathimerini.com.cy/en/comment/opinion/what-happens-when-you-can-no-longer-afford-your-own-neighborhood
Gentrification has come to Cyprus, too. Over the past few years, it has taken hold mainly in the coastal cities, where it has sent rents and home prices soaring....
https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/news/america-votes-today-why-should-cyprus-care
If you’re filling up the car in Cyprus this week, the U.S. midterm elections might feel a world away. But one of the issues weighing on American voters is familiar here, too. The war with Iran has pushed up fuel costs, and both countries are feeling it at the pump....
https://knews.kathimerini.com.cy/en/news/october-price-rises-hit-17-products-as-35-become-cheaper-consumers-group-reports
Seventeen products recorded increases of between 5% and 15.31% in their average retail prices during October, while 35 products became cheaper, with reductions ranging from 5% to 12.3%, according to the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/business/cars-from-€500-go-under-the-hammer-in-mosfiloti
A car for €500? That should get a few people to stop scrolling through secondhand listings....
https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares
Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....
https://knews.kathimerini.com.cy/en/news/what-s-keeping-michelin-stars-off-the-menu-in-cyprus
What would it take for restaurants in Cyprus to be considered for a Michelin star? Or, for that matter, for Cyprus to earn a place in the Guide at all?...
https://knews.kathimerini.com.cy/en/life/weekend-warriors-things-to-do-that-are-less-frightening-than-your-electricity-bill
This weekend, Cyprus presents an important choice: head into a haunted maze and scream, or head into the mountains and eat....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/cyprus-orders-second-patrol-ship-from-israel
The agreement to acquire a second offshore patrol vessel is simply the implementation of the original plan to strengthen the National Guard’s Naval Command with modern surface vessels....
https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders
Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/business/eko-strikes-deal-to-buy-staroil
The company behind EKO Cyprus has agreed to buy local fuel supplier STAROIL, a deal that could reshape competition in a market where drivers and households are watching fuel prices closely....
https://knews.kathimerini.com.cy/en/news/government-spends-more-than-it-earns-as-deficit-grows
The Cypriot government spent nearly €143 million more than it brought in during the second quarter of 2026, as rising costs outpaced an increase in revenue, preliminary figures from the Statistical Service show....
