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/news/october-newsletter-of-k-treppides-co-ltd-–-17-10-2025
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/medochemie-invests-in-a-sustainable-future
Medochemie, Cyprus’s leading pharmaceutical company, is strengthening its commitment to sustainable growth by taking another significant step towards a greener future. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-join-eurozone-s-instant-transfers
Starting Thursday, October 9, all Eurozone banks, including those in Cyprus, will be required not only to process instant payments but also to verify the recipient’s name and IBAN when executing transfers....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
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/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/drug-use-among-cyprus-youth-is-still-alarmingly-high
Drug use among teenagers and young adults in Cyprus is showing no signs of easing, with the latest figures painting a troubling picture....
https://knews.kathimerini.com.cy/en/news/cyprus-comic-con-announces-petrolina-as-official-energy-partner
Petrolina, Cyprus’s leading energy company, has been announced as the Official Energy Partner for Cyprus Comic Con 2025, taking place from October 3–5, 2025, at the Cyprus State Fairgrounds (Kratiki Ekthesi) in Nicosia....
https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....
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/business/cyprus-brain-gain-hundreds-of-expats-eye-a-return-home
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....
https://knews.kathimerini.com.cy/en/business/larnaca-airport-set-to-become-trade-powerhouse-bringing-jobs-and-faster-shipping-to-cyprus
Cyprus is moving forward with plans to establish a cargo hub and aircraft maintenance services at Larnaca Airport, aiming to boost trade, connectivity, and economic activity, officials said....
https://knews.kathimerini.com.cy/en/news/government-launches-personalized-student-bus-cards-with-reduced-fares
Starting September 1, students across Cyprus will be able to get personalized ''Motion'' bus cards that drastically cut the cost of public transport, the Ministry of Transport, Communications and Works announced....
https://knews.kathimerini.com.cy/en/business/september-1-to-mark-historic-merger-of-hellenic-bank-and-eurobank-cyprus
On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-introduces-electronic-shelf-labels
In a move that further enhances its shopping experience, Alphamega Hypermarkets has introduced yet another significant and innovative tool to the Cypriot retail market....
https://knews.kathimerini.com.cy/en/business/euromoney-bank-of-cyprus-named-best-bank-for-the-10th-consecutive-year
Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named Bank of Cyprus the Best Bank in Cyprus in its 2025 Awards for Excellence. This is the 10th year that Bank of Cyprus has been recognised by Euromoney as Cyprus’ Best Bank....
https://knews.kathimerini.com.cy/en/business/cyprus-aims-to-complete-energy-storage-system-by-2026-launch-competitive-electricity-market-in-2025
The government plans to complete a new energy storage system, along with storage installations at two Electricity Authority of Cyprus (EAC) power plants, by June 2026, Government Spokesperson Konstantinos Letymbiotis said Monday. ...
https://knews.kathimerini.com.cy/en/news/veterinarians-address-ban-on-oncology-drugs-for-animals-inhumane-and-deeply-unjust
The Pancyprian Veterinary Association is calling foul over a new decision by the Health Insurance Organization (HIO) to block the distribution of oncology drugs for animal use, a move veterinarians say is already leading to preventable animal deaths....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/tax-department-announces-reopening-of-tax-for-all-system-on-july-21
The Tax Department announced Friday that the Tax For All system will reopen on July 21, 2025....
https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/news/medical-association-raises-alarm-over-emissions-from-teknecik-power-plant
Thick black smoke rising from the Teknecik Power Plant in Kyrenia has drawn renewed concern from the Turkish Cypriot Medical Association, which has warned that ongoing emissions pose serious risks to public health and the environment....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/business/cyprus-family-businesses-are-struggling-to-survive-experts-warn
Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....
https://knews.kathimerini.com.cy/en/business/wizz-air-announces-a-new-route-from-larnaca
Wizz Air, Europe’s most environmentally sustainable airline , is delighted to announce a new exciting direct route from Larnaca to Tirana....
https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october
Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....
https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out
The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-€2-5m-plan-to-support-electric-and-hybrid-vehicle-buyers
The Cabinet has approved the government’s new €2.5 million subsidy scheme aimed at supporting the purchase of electric and hybrid vehicles in Cyprus....
https://knews.kathimerini.com.cy/en/news/larnaca-on-the-rise-as-new-homes-fuel-real-estate-boom
Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....
