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.”...
https://knews.kathimerini.com.cy/en/news/cyprus-avoids-water-cuts-but-your-bill-might-take-a-hit
Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....
https://knews.kathimerini.com.cy/en/business/european-hoteliers-take-on-booking-com-over-high-commissions
Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-celebrates-15-years-with-a-15-discount-on-all-fresh-pork-and-beef-products
With 15 years of continuous growth and trust, the company continues to invest in competitive prices and strict quality standards for all consumers....
https://knews.kathimerini.com.cy/en/news/hotels-race-for-private-desalination-plants-as-summer-approaches
Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....
https://knews.kathimerini.com.cy/en/news/no-pork-prices-haven-t-gone-up-because-of-e-kalathi-retail-chief-says
If you’ve noticed pork prices creeping up lately, you’re not imagining things. But according to the head of Cyprus’ Retail Trade Association, Marios Antoniou, it has nothing to do with the upcoming launch of e-Kalathi, the state’s digital price comparison tool....
https://knews.kathimerini.com.cy/en/news/more-people-can-now-apply-for-affordable-housing-help
Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-set-to-slow-down-says-imf
The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....
https://knews.kathimerini.com.cy/en/business/dubai-chocolate-craze-sparks-global-pistachio-shortage
You’d never guess that a fancy chocolate bar from Dubai could shake up the global nut market, but that’s exactly what’s happened....
https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb
As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....
https://knews.kathimerini.com.cy/en/news/1-coffee-up-veggies-down-march-prices-shift-across-cyprus
Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....
https://knews.kathimerini.com.cy/en/news/luxury-villas-in-occupied-north-selling-for-millions-but-not-for-the-locals
Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/cautious-optimism-for-easter-bookings-in-cyprus
Tourism officials are expressing cautious optimism about Cyprus’ 2025 Easter holiday season, with early bookings and rising airport traffic pointing to another strong year for the island’s travel sector....
https://knews.kathimerini.com.cy/en/business/silicon-valley-backed-trump-but-gets-no-favor-in-return
Silicon Valley's top tech titans may have bet big on Donald Trump’s second term, but they’re finding little return on their investment....
https://knews.kathimerini.com.cy/en/news/fourth-year-of-drought-in-cyprus-threatens-food-security
Cyprus is entering its fourth consecutive year of drought, raising serious concerns over food security....
https://knews.kathimerini.com.cy/en/news/reduced-vat-on-electricity-bills-begins-tomorrow
A reduction in VAT on electricity bills will take effect tomorrow, bringing relief to consumers, especially vulnerable households. The VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island....
https://knews.kathimerini.com.cy/en/news/big-pharma-challenges-eu-over-wastewater-treatment-costs
A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/news/daleela-sets-sail-again-cyprus-greece-ferry-resumes-for-2025
The Cyprus-Greece passenger ferry is gearing up for another season, with the Daleela setting sail from Limassol on Saturday, May 31. The service, now in its fourth year, will run 22 round trips between Cyprus and Piraeus, continuing to offer travelers an alternative to air travel....
https://knews.kathimerini.com.cy/en/news/prices-drop-for-most-basic-goods-but-fresh-produce-keep-climbing
Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-11-03-2025
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/business/animawings-launches-direct-flights-between-larnaca-and-bucharest
The rapidly expanding Romanian airline, AnimaWings, has launched direct flights between Larnaca and Bucharest....