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12° Nicosia,
25 June, 2026
 

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Displaying results 1-30 of 204 matches for query savings.

1. Digital euro coming by 2030 as Cyprus gets a new way to pay

https://knews.kathimerini.com.cy/en/news/digital-euro-coming-by-2030-as-cyprus-gets-a-new-way-to-pay

The digital euro is slowly moving from theory to reality, and if all goes to plan, it could become part of everyday life across Cyprus and the rest of the eurozone by 2030....

2. Storing the sun: How underwater energy storage could cut Cyprus electricity bills

https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills

BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....

3. ECB rate hike to add €147m to Greek banks as profits rise from widening loan-deposit gap

https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap

The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....

4. A Summer of Endless Possibilities at Cap St Georges Hotel & Resort

https://knews.kathimerini.com.cy/en/life/a-summer-of-endless-possibilities-at-cap-st-georges-hotel-resort

There are destinations that simply offer a holiday, and then there are places that redefine the very essence of summer. Perched along the spectacular western coastline of Cyprus, just outside the vibrant city of Paphos, where the crystal-clear waters of the Mediterranean meet the protected landscapes of the Akamas Peninsula, Cap St Georges Hotel & Resort invites guests to experience a season defined by effortless luxury, authentic discovery, and unforgettable moments....

5. Heating and cooling account for 70% of household energy use in Cyprus

https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus

Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....

6. Could our electricity bills drop by 50–70%? New underwater tech (already in Cyprus) says yes!

https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes

Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....

7. Over 3 million water-saving devices to be handed out for free across Cyprus

https://knews.kathimerini.com.cy/en/news/over-3-million-water-saving-devices-to-be-handed-out-for-free-across-cyprus

As Cyprus continues to grapple with water shortages and recurring drought conditions, authorities are launching a nationwide effort to help households save water, one tap and shower at a time....

8. Ex-MP blasts solar power ''deception'' after repeated photovoltaic shutdowns

https://knews.kathimerini.com.cy/en/news/ex-mp-blasts-solar-power-deception-after-repeated-photovoltaic-shutdowns

Former Cypriot MEP and doctor Eleni Theocharous has sparked fresh debate over Cyprus’s solar energy system after accusing authorities and energy officials of misleading the public about the benefits of household photovoltaics....

9. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

10. A new wave of European instability

https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability

Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....

11. No, the government is not reopening the young couples housing scheme

https://knews.kathimerini.com.cy/en/news/no-the-government-is-not-reopening-the-young-couples-housing-scheme

Confusion spread Tuesday after many people interpreted a government announcement on Cyprus’ housing scheme for young couples as a reopening or extension of the program....

12. EAC workers consider striking within 2 days

https://knews.kathimerini.com.cy/en/news/eac-workers-consider-striking-within-2-days

Employees at the Electricity Authority of Cyprus are expected to decide within the next two days whether to escalate strike action as tensions rise over electricity prices, energy security, and long-term planning for the island’s power system....

13. Cyprus becomes go-to retirement spot for Brits and Americans

https://knews.kathimerini.com.cy/en/news/cyprus-becomes-go-to-retirement-spot-for-brits-and-americans

Cyprus is emerging as one of the world’s most attractive places to retire, as rising living costs in major economies push more people to look abroad for a more affordable life....

14. Government approves €250 Easter support for low-income pensioners

https://knews.kathimerini.com.cy/en/news/government-approves-€250-easter-support-for-low-income-pensioners

The government has decided to provide a one-off Easter payment to pensioners with limited income as part of its broader effort to support vulnerable groups....

15. Fuel prices set to drop Saturday after last-minute delay

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay

A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....

16. Tuesday forecast: The warm-up act before Erminio takes the stage

https://knews.kathimerini.com.cy/en/news/tuesday-forecast-the-warm-up-act-before-erminio-takes-the-stage

We are currently navigating the quiet tail-end of a weak low-pressure system, making for a perfectly respectable partly cloudy Tuesday. ...

17. ‘Death was not our fate’: Syrian father crosses seas to save his ailing son

https://knews.kathimerini.com.cy/en/news/‘death-was-not-our-fate-syrian-father-crosses-seas-to-save-his-ailing-son

Abdulaziz Aldarwish decided to take drastic action after his son Yahia’s young kidneys failed....

18. Eurobank rolls out voluntary exit plan for up to 300 employees

https://knews.kathimerini.com.cy/en/business/eurobank-rolls-out-voluntary-exit-plan-for-up-to-300-employees

Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....

19. Lidl Cyprus supports the Lenten table with 15% price reductions on essential products

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-supports-the-lenten-table-with-15-price-reductions-on-essential-products

Lidl Cyprus, staying true to its commitment to offering the best quality at the best market price, announces a new initiative to support households during the period of Great Lent....

20. 27 countries, one market: Can the EU make it?

https://knews.kathimerini.com.cy/en/news/27-countries-one-market-can-the-eu-make-it

The European Union appears determined to win its ''bet'' on strengthening competitiveness amid major geopolitical and geoeconomic shifts....

21. Digital euro could cut costs for Cyprus SMEs, says ECB Executive Board member

https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member

ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....

22. Von der Leyen: ''Made in Europe'' is necessary, but not a blank cheque

https://knews.kathimerini.com.cy/en/business/von-der-leyen-made-in-europe-is-necessary-but-not-a-blank-cheque

The President of the European Commission, Ursula von der Leyen, defended the strategy of “European preference” (“Made in Europe”) before the plenary session of the European Parliament, stressing that strengthening Europe’s industrial base is a crucial tool for boosting the Union’s competitiveness....

23. Trump launches TrumpRx, promises big discounts on prescription drugs

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....

24. Cyprus tax reform puts more money back in families’ pockets

https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-puts-more-money-back-in-families-pockets

Cyprus’ long-awaited tax reform has officially taken effect, and families, workers, and businesses are already feeling the impact. ...

25. Greek Economy Minister becomes Eurogroup president

https://knews.kathimerini.com.cy/en/business/greek-economy-minister-becomes-eurogroup-president

Greece’s Economy Minister Kyriakos Pierrakakis was unanimously elected president of the Eurogroup Thursday, a high-profile achievement that signals Greece’s return as a leader in European economic policy....

26. Wizz Air kicks off the deal season with Wizz Wednesday

https://knews.kathimerini.com.cy/en/news/wizz-air-kicks-off-the-deal-season-with-wizz-wednesday

Wizz Air is rolling out the pink carpet for its most loyal customers: WIZZ Wednesday brings up to 30 percent off selected flights, exclusively for WIZZ Discount Club members....

27. Cyprus tops EU in food, drink and tobacco sales in September

https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september

Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....

28. Jumbo buys out shopping mall from Eurobank in €10.8M deal

https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank

Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....

29. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

30. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024

Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....

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