https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/channel-tunnel-power-failure-leaves-thousands-stranded-on-europe-routes
Thousands of passengers travelling between the UK and mainland Europe faced major disruption after a power supply failure in the Channel Tunnel led to the suspension of Eurostar services for much of the day, during one of the busiest travel periods of the year....
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....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/luxury-wine-cellar-in-limassol-ravaged-by-arson
A luxury wine cellar in Limassol was severely damaged in an arson attack, resulting in the loss of some of the world’s most expensive wines, including Château Petrus and Château Margaux....
https://knews.kathimerini.com.cy/en/news/half-a-million-cubic-meters-of-rain-won-t-save-cyprus-next-summer
Early signs from this winter’s rainfall are already raising alarm bells: the water collected in Cyprus’ dams so far is nowhere near enough to change the picture for 2026....
https://knews.kathimerini.com.cy/en/out-about/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus
If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-inaugurated-a-new-store-in-agios-dometios-with-an-investment-of-€11-million
Lidl Cyprus continues its dynamic growth with a new, fully upgraded store at 51 Kyriakou Matsi Avenue in Agios Dometios, ready to welcome consumers from the wider Nicosia area with high-quality products, unbeatable prices, consistent availability, and an upgraded customer experience....
https://knews.kathimerini.com.cy/en/news/from-no-alcohol-to-vip-only-saudi-loosens-rules-for-wealthy-expats
Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...
https://knews.kathimerini.com.cy/en/news/500-affordable-homes-to-be-built-for-young-families-across-major-cities
Cyprus is set to get hundreds of new affordable homes, with the government announcing plans to build around 500 residential units across Nicosia, Limassol, Larnaca and Paphos. ...
https://knews.kathimerini.com.cy/en/news/byd-grabs-one-third-of-cyprus-ev-market-in-just-five-months
Cyprus’ shift to electric cars is picking up speed, with new data showing more drivers making the switch. ...
https://knews.kathimerini.com.cy/en/news/looking-for-cheap-fuel-here-are-the-most-affordable-options
With the first cold days of the season, concerns about heating oil costs have resurfaced, along with the everyday worry about fuel prices. ...
https://knews.kathimerini.com.cy/en/news/consumers-group-says-e-kalathi-falls-short-after-six-months-fails-to-offer-real-choice
Nearly six months after its launch, the Cyprus Consumers’ Association says the government’s e-kalathi price-comparison platform is falling short of expectations....
https://knews.kathimerini.com.cy/en/out-about/cypriots-plan-last-minute-new-year-s-eve-outings-pasika-seeks-holiday-hours-extension
The festive season has officially begun, even if the weather has yet to match the mood. Music venues and restaurants across Cyprus are already preparing to welcome holiday crowds....
https://knews.kathimerini.com.cy/en/news/black-friday-fever-hits-cyprus-shoppers-rush-for-deals
Black Friday is in full swing across Cyprus, and stores are bracing for a rush of bargain-hungry consumers. Shoppers have already shown ''intense interest'' in the days leading up to the big day, and Mall of Cyprus Marketing Director Giorgos Pissis says the frenzy is expected to peak Friday afternoon....
https://knews.kathimerini.com.cy/en/life/cyprus-mansion-hits-€16-million-yes-you-read-that-right
Move over Los Angeles and Monaco: Cyprus has officially entered the “billionaire’s playground” league, or at least the €16 million playground....
https://knews.kathimerini.com.cy/en/business/black-friday-hits-cyprus-shoppers-warned-to-watch-for-real-deals
Cyprus has officially entered Black Friday week, and retailers are hoping for one of the strongest shopping weekends in years, as long as shoppers believe the deals are real....
https://knews.kathimerini.com.cy/en/news/a-must-see-artistic-event-in-cyprus
Kapopoulos Auction House is proud to announce a remarkable live auction of exceptional artworks, taking place on Tuesday, December 2, at 19:30, at the prestigious Ajax Hotel in Limassol....
https://knews.kathimerini.com.cy/en/comment/opinion/price-isn-t-everything
Lately, I find myself talking more and more about my dining experiences. And, fortunately for me, I’m not the only one....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five
Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-platinum-sponsor-at-the-13th-conference-of-the-cyprus-dietetic-nutrition-association
This year, Lidl Cyprus actively supported the 13th Dietetics & Nutrition Conference (CyDNA) of the Cyprus Dietetic and Nutrition Association as Platinum Sponsor, which took place in Nicosia on 7–9 November 2025. The scientific programme focused on the transformation of nutrition and dietetics based on evidence, sustainability and health equity, including a multitude of sessions, workshops and parallel activities....
https://knews.kathimerini.com.cy/en/comment/opinion/rich-young-people-under-41
We were glad to hear that the government will keep several housing schemes running in 2026. That’s good news, at least on paper....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-cleaner-and-friendlier-but-prices-all-over-the-map
Cyprus restaurants may be cleaner and more polite these days, but diners are still facing wild price swings and patchy service, according to the annual assessment by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-transfers-hit-nearly-€3-5-billion-in-first-nine-months-of-2025
Cyprus’ real estate market continues to shine, with property transfers reaching nearly €3.5 billion in the first nine months of 2025, up 12.6% from the same period last year, according to the Real Estate Agents Registration Council....