https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/news/big-shake-up-coming-for-cyprus-taxi-industry
Major changes are coming to Cyprus’ taxi industry, with the government preparing a sweeping reform aimed at cleaning up a system long plagued by unfair practices, illegal operators, and inconsistent pricing....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
https://knews.kathimerini.com.cy/en/news/eu-tax-hike-could-make-smoking-a-luxury-greece-pushes-back
Smokers in Europe may soon feel the pinch in their wallets. The European Commission is proposing a massive increase in taxes on cigarettes, roll-your-own tobacco, and even e-cigarettes, and Greece is sounding the alarm....
https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales
Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
https://knews.kathimerini.com.cy/en/business/cyprus-records-zero-inflation-as-eurozone-prices-continue-rising
Cyprus recorded no inflation in September, standing out from the rest of the eurozone where consumer prices continued to rise, according to preliminary data released Tuesday by the European Union’s statistics agency....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/no-cashiers-no-lines-greece-s-first-staff-free-supermarket-opens-in-athens
Greece has just welcomed its first fully automated supermarket, where shoppers grab what they need and walk out without interacting with a single cashier....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/news/trump-s-un-speech-included-blasts-blunders-and-a-bold-u-turn-on-ukraine
President Donald Trump delivered a fiery address at the United Nations General Assembly on Tuesday, September 23, 2025, launching sharp critiques at global leaders, the United Nations, and his own diplomatic efforts. ...
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-online-platform-to-modernize-medicine-pricing-process
Cyprus rolled out a digital platform designed to overhaul how the government sets prices for medicines, a move officials say will bring greater speed, accuracy and transparency to the process....
https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025
Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....
https://knews.kathimerini.com.cy/en/business/fresh-vegetable-prices-surge-in-august-while-seafood-prices-fall
Prices for fresh vegetables and greens skyrocketed in August, rising nearly 50% from the previous month, according to the Consumer Goods Price Observatory....
https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-urges-action-as-housing-becomes-out-of-reach-for-locals
The mayor of Paphos, Phaedon Phaedonos, warned Tuesday that rising real estate prices are making it increasingly difficult for ordinary Cypriots to rent or buy homes, calling on the government to take immediate action....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-4-1-rise-in-hourly-labor-costs-in-second-quarter
The cost of employing workers in Cyprus rose 4.1% in the second quarter of 2025 compared with the same period last year....
https://knews.kathimerini.com.cy/en/business/fuel-market-shake-up-under-investigation
Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-in-quality-and-recognition
Remaining committed to quality and taste, Lidl Cyprus stood out with its products at the Superior Taste Award. ...
https://knews.kathimerini.com.cy/en/news/what-today-s-general-strike-means-for-you
Cyprus is bracing for a nationwide strike Thursday after last-ditch talks failed to resolve a standoff over the cost-of-living allowance (ATA)....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/news/snag-a-deal-cars-go-under-the-hammer-in-mosfiloti
Looking for a new set of wheels without the showroom sticker shock? The Bank of Cyprus is auctioning off a range of cars on Tuesday, Sept. 9, at 3 p.m. at its Auction Yard in Mosfiloti (12 Limassol Avenue, 7647 Mosfiloti, Larnaca)....
https://knews.kathimerini.com.cy/en/business/cyprus-posts-lowest-inflation-rate-in-eu-as-eurozone-holds-steady
Cyprus recorded the lowest annual inflation rate in the European Union in July, just 0.1%, as price growth across the euro area held steady at 2.0%, according to data released Friday by Eurostat....
https://knews.kathimerini.com.cy/en/business/august-newsletter-of-k-treppides-co-ltd-–-29-08-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-reduces-prices-on-all-baked-goods-by-15-and-launches-a-humorous-campaign
Lidl Cyprus is launching an initiative to lighten the burden on consumers and increase everyday enjoyment. From September 4 to October 1, 2025, the company will reduce prices on all popular, freshly baked pastries by 15%. The campaign is accompanied by a new, humorous advertising campaign entitled “Rumors Say”....
https://knews.kathimerini.com.cy/en/news/vasiliko-delays-keep-cyprus-stuck-with-sky-high-power-bills
Cypriot households already struggling with some of Europe’s highest electricity bills are being told they’ll have to wait even longer for relief, as delays and political wrangling over the Vasiliko energy project threaten to keep prices high for at least three more years....
https://knews.kathimerini.com.cy/en/news/crete-crime-ring-probe-points-to-cyprus-saint-lazarus-relics
A sprawling crime investigation in Crete has exposed what Greek media are calling a ''state within a state,'' with tentacles reaching into extortion, drug and arms trafficking, money laundering, and even the Church. Authorities say the alleged network may also extend beyond Greece’s borders into Cyprus....
