https://knews.kathimerini.com.cy/en/business/paphos-surpasses-limassol-in-luxury-prices-signaling-shift-in-cyprus-property-power
Cyprus’ new-build property market closed the first 10 months of 2025 on a strong note, with Limassol once again emerging as the undisputed heavyweight in both value and activity....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/trump-launches-trumprx-promises-big-discounts-on-prescription-drugs
President Donald Trump unveiled TrumpRx on Thursday, a government-backed website offering deep discounts on 43 prescription medications, including insulin, fertility treatments, obesity drugs, and asthma medications....
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/business/amazon-hit-with-€59-million-fine-for-undercutting-its-own-sellers
Germany fines Amazon €59 million after regulators found it was competing directly with the very sellers it hosts and capping their prices in the process, tilting the playing field....
https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion
Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....
https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/can-cyprus-shoppers-trust-e-kalathi-prices
As the debate over e-kalathi continues, the real question for Cyprus households is a simple one: does it actually help families save money at the supermarket, or does it just add more confusion to an already expensive weekly shop?...
https://knews.kathimerini.com.cy/en/news/shoppers-beware-e-kalathi-may-be-making-supermarkets-look-cheaper-than-they-are
A tool meant to help Cypriot shoppers save money may be leading them astray, the Cyprus Consumers’ Association warned Monday....
https://knews.kathimerini.com.cy/en/news/high-electricity-bills-aren-t-going-anywhere-in-2026
Uncertainty surrounding Cyprus’ biggest energy projects is expected to persist through 2026, as delays at the liquefied natural gas terminal in Vasiliko and mounting complications with the electricity interconnector leave little room for optimism....
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/after-a-brutal-2025-potato-growers-press-government-for-compensation-and-water
Potato growers are urging the government to provide financial support after severe weather conditions caused major losses during 2025....
https://knews.kathimerini.com.cy/en/business/wolt-upgrades-its-app
Wolt is kicking off the new year with a major upgrade, continuing its fast-paced growth with the launch of a revamped app that quite literally puts a shopping mall in users’ pockets....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-property-market-2025-more-cash-unexpected-winners
Looking at a full year’s results is always a revealing moment, not just for analysts, but for readers too. It’s when you can line one year up against another, both locally and nationwide, and see whether expectations held up or reality had other plans....
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/seeing-the-mona-lisa-just-got-pricier-for-non-europeans
If you’re traveling to Paris from outside Europe, seeing the Louvre’s masterpieces now costs €32 instead of €22, a jump the museum says is necessary to fund renovations, but one that has some visitors fuming....
https://knews.kathimerini.com.cy/en/news/good-news-for-shoppers-zero-vat-stays-on-basic-goods-in-2026
Shoppers in Cyprus will get a break on everyday essentials for another year, as the government confirmed that zero VAT on a range of basic goods will remain in place throughout 2026....
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/comment/opinion/property-prices-hit-the-brakes-but-the-housing-crisis-remains
I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....
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/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal
After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....
https://knews.kathimerini.com.cy/en/business/1-cyprus-new-minimum-wage-of-€979-kicks-in-today-but-is-it-enough
Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....
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....
