https://knews.kathimerini.com.cy/en/news/cyprus-to-receive-€4-6-million-in-eu-aid-for-drought-hit-farmers
Cyprus is set to receive €4.6 million in emergency agricultural support after European Union member states approved a European Commission proposal to release more than €56 million from the EU’s agricultural reserve....
https://knews.kathimerini.com.cy/en/business/fuel-and-lubricant-prices-in-cyprus-rise-20-5-year-on-year-in-may
Fuel and lubricant prices for personal transport in Cyprus were 20.5% higher in May 2026 compared with May 2025, according to figures released by Eurostat. The increase was closely aligned with the European Union average, which stood at 20.7%....
https://knews.kathimerini.com.cy/en/comment/opinion/politicsblog-exceptions-trolls-avvakoum-and-leaks
Little Nikos (Nikos Christodoulides) greeted the latest Mafia State developments with visible discomfort, while his beloved blonde Madonna (Annita Demetriou) appears to be facing a dilemma....
https://knews.kathimerini.com.cy/en/business/€1-26-million-bid-for-limassol-s-iconic-thalassaki-snack-bar
If you've ever grabbed a coffee, ice cream, or quick bite at Thalassaki while strolling along Limassol's seafront, the latest figures linked to the popular snack bar may come as a surprise....
https://knews.kathimerini.com.cy/en/news/cyprus-finally-finds-a-way-to-stop-wasting-its-solar-energy
Cyprus is set to take a major step toward solving one of its most frustrating energy problems, the fact that a large share of solar power produced on sunny days simply goes to waste because the grid cannot absorb it....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
https://knews.kathimerini.com.cy/en/business/food-prices-continue-to-rise-despite-lower-costs-for-fresh-produce
Consumers faced further increases in the cost of several everyday grocery items in May, according to the latest Consumer Product Price Observatory published by the Consumer Protection Service....
https://knews.kathimerini.com.cy/en/news/lower-tourist-numbers-hit-demand-for-taxi-services
Taxi operators in Cyprus say they are facing a difficult period following a downturn in tourism linked to ongoing instability in the Middle East....
https://knews.kathimerini.com.cy/en/news/thousands-of-government-hourly-workers-to-strike-next-week-over-pay-dispute
Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/life/i-do-now-costs-up-to-€70-000-in-cyprus
If you thought inflation was only hitting groceries and electricity bills, think again, it has apparently also made its way into weddings....
https://knews.kathimerini.com.cy/en/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/€3-fee-per-item-on-online-orders-from-outside-the-eu
Cypriots who regularly shop from online platforms like Temu, Shein, and other non-EU retailers may soon notice higher prices at checkout or delivery after the EU approved new customs rules affecting small parcels....
https://knews.kathimerini.com.cy/en/news/eu-keeps-flight-compensation-rules-in-place-after-13-year-deal
After more than a decade of negotiations, a long-running dispute over air passenger rights in the European Union is expected to finally conclude today in Brussels, with an agreement on updating the rules for air travelers....
https://knews.kathimerini.com.cy/en/news/€125m-road-shock-paphos–polis-project-faces-€50m-cost-jump-and-uncertain-future
Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT....
https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/more-foreign-patients-fly-to-china-for-cancer-treatment
A growing shift in global medicine is seeing more patients travel abroad for life-saving treatments that are either unavailable at home or come at a fraction of the cost, according to an article in Bloomberg....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/news/man-loses-€90-000-in-fake-online-car-sale
Police in Limassol are investigating an online fraud case after a 59-year-old man was allegedly deceived into transferring €90,000 for a vehicle that never existed....
https://knews.kathimerini.com.cy/en/news/new-affordable-homes-rise-but-residents-raise-concerns-over-nearby-eac-pylons
For many young couples in Cyprus, owning a home can feel increasingly out of reach. Rising property prices, high rents and limited housing options have turned what was once considered a basic life milestone into a growing challenge....
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/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
