https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-to-host-20-000-visitors-during-upcoming-eu-council-presidency
Cyprus is preparing to welcome approximately 20,000 visitors, including delegates and journalists, during its upcoming six-month Presidency of the Council of the European Union, Deputy Minister for European Affairs Marilena Raouna said Wednesday....
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/news/cypriots-cruise-into-summer-despite-rising-costs
Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....
https://knews.kathimerini.com.cy/en/comment/opinion/let-them-eat-cake
We all remember the former Auditor General’s infamous visit to the presidential bedroom and the rumors about curtains and a €100,000 renovation....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-highlights-the-value-of-its-collaboration-with-evrofarma-during-a-press-trip-to-the-heart-of-greek-production
Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....
https://knews.kathimerini.com.cy/en/news/desalination-lifeline-arrives-from-uae-as-island-braces-for-summer-drought
Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....
https://knews.kathimerini.com.cy/en/news/fake-travel-agent-busted-in-€160k-euroleague-ticket-scam
A 38-year-old woman is behind bars after allegedly swindling more than €160,000 from at least 50 people in a bogus ticket and travel scheme tied to the EuroLeague Final Four basketball tournament in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route-–-fly-to-spain-from-cyprus-this-october
Wizz Air, the most environmentally sustainable airline in the EMEA region , is thrilled to announce the launch of an exciting new route from Larnaca to Barcelona, Spain, launching this October....
https://knews.kathimerini.com.cy/en/business/king-s-gardens-a-prime-investment-in-the-heart-of-nicosia
https://knews.kathimerini.com.cy/en/business/increasing-total-housing-supply-is-key-to-tackling-the-housing-crisis
Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...
https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off
If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....
https://knews.kathimerini.com.cy/en/news/desalination-units-targeted-for-may-arrival-and-operation-by-june
The Agriculture Ministry is racing against time to balance water supply during the peak demand of the summer months....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2025-paving-the-way-for-a-greener-future
As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....
https://knews.kathimerini.com.cy/en/business/ramez-naam-solar-power-is-getting-cheaper-and-cyprus-is-sitting-on-a-goldmine
If there’s one thing Cyprus has plenty of, it’s sunshine. And according to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech....
https://knews.kathimerini.com.cy/en/news/adidas-drone-show-near-the-acropolis-triggers-legal-drama-and-culture-chat-video
What happens when Adidas drones buzz near the Acropolis? Apparently, a legal kerfuffle and a lively debate about mixing business with ancient history....
https://knews.kathimerini.com.cy/en/news/limassol-man-caught-with-nearly-200-jerrycans-of-diesel-in-backyard
What began as a drug probe ended with a discovery that has police scratching their heads, and could be tied to the high price of diesel....
https://knews.kathimerini.com.cy/en/comment/opinion/the-quiet-city-turning-into-cyprus-new-investment-hotspot
A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....
https://knews.kathimerini.com.cy/en/business/ucy-student-dorms-at-berengaria-site-moving-full-speed-ahead
Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/christodoulides-tackles-energy-prices-demographic-crisis-and-declares-cyprus-set-to-join-schengen
President Christodoulides outlined Cyprus’s plans to join the Schengen Area by 2026, urged no increase in electricity prices, and highlighted new measures to address the country’s demographic crisis....
https://knews.kathimerini.com.cy/en/news/greece-targets-ferry-duopoly-as-costs-soar-and-competition-sinks
Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....
https://knews.kathimerini.com.cy/en/business/make-a-splash-fasouri-watermania-waterpark-reopens-may-9-for-a-summer-of-fun
The Fasouri Watermania Waterpark in Limassol is back for another exciting season! It opens its doors on May 9th!...
https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs
Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....
https://knews.kathimerini.com.cy/en/business/cyprus-fuel-prices-raise-eyebrows-and-questions
If you feel like you’re paying more at the pump lately, you’re not imagining it....
https://knews.kathimerini.com.cy/en/news/education-ministry-slammed-for-millions-spent-and-cut-corners-in-dodgy-deals
A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....
https://knews.kathimerini.com.cy/en/comment/opinion/the-republic-of-shrugged-shoulders
''I don’t concern myself with what a 'Turkish' ambassador says,'' former President Nicos Anastasiades quipped, brushing off ex-U.S. Ambassador John Koenig’s reported remark that he considered him “a fraud.”...