Europe’s Gen Z takes to the streets in wave of anger
Maya Gourdel, a 19-year-old student in Brussels, sits at a desk writing slogans against those running her country: “If we burn, you burn with us!” The slogan, taken from the 2012 ...
‘Do not expect sharp reductions in fuel prices’
Containing fuel prices rather than achieving major decreases is the government’s current policy, Finance Minister Makis Keravnos said on Tuesday.
Speaking to media on the sidelines of an event ...
Cost of living measures ‘risk fuelling inflation’
Cost of living measures must be aimed at vulnerable households, the Central Bank warned on Tuesday, warning that blanket support risks pushing prices higher by raising demand.
“If they are ...
Cyprus cost-of-living relief fails to tackle high energy costs
Like putting a band-aid on a bullet wound, would be an apt analogy for the relief measures announced at the end of September to tackle the rising cost of living. ...
Greek Cypriots increasingly crossing over for cheaper fuel
More Greek Cypriots are crossing into the occupied north to fill their tanks, the customs department said on Saturday, as fuel prices in the Republic continue to rise.
Speaking on ...
Christodoulides says govt has spent ‘more than a billion’ to ease cost of living
President Nikos Christodoulides on Tuesday said that the government has “invested more than a billion euros” in its efforts to ease the rising cost of living, when he was asked ...
Zero VAT extended to food staples
Bread, baby food, coffee, milk, meat and sugar will be subject to a zero VAT rate from October following the approval of a relevant decree by the Council of Ministers.
...
Cabinet approves €70m package to tackle rising cost of living
The cabinet on Wednesday approved a new €70 million package of emergency measures to tackle inflation and the rising cost of living, bringing total government support, including measures already in place, ...
Keravnos promises ‘new measures’ to ease rising cost of living
Finance Minister Makis Keravnos on Monday promised that “new measures” will be put before cabinet when it meets later this week to ease the rising cost of living.
“The government ...
Diesel prices hit historic high, calls for VAT cut
Diesel prices reached a historic high on Friday, with the average pump price climbing to €1.997 a litre, prompting fuel industry groups to renew calls for a cut in VAT.
Figures ...
Minister warns against ‘alarmism’ over rising fuel prices
Finance Minister Makis Keravnos on Tuesday cautioned against “alarmism” regarding rising fuel prices, while an energy expert predicted that high prices at the pump would persist until mid-2027.
Speaking on ...
Cost of eating out soars 26% since 2023
Eating out has become significantly more expensive in Cyprus over the last three years, with a meal out that cost €100 in 2023 now amounting to an average of €126 – an increase of 26 ...
‘Discussions underway to keep fuel price down’
A discussion is underway on how to cover the rise in fuel prices given that these are generated by international events that no one can control, Energy Minister Michalis Damianos ...
Industry warns diesel could near €2 a litre as tax relief set to expire
Fuel prices in Cyprus are facing upward pressure, industry representatives said on Monday, after the international price of oil rose above $90 (€78) a barrel.
Speaking on behalf of the petrol station ...
School supply prices ‘remain stable’
The price of school supplies remains at the same level as last year, with items available to suit all budgets, executive secretary of the supermarket’s association Andreas Hadjiadamou said ...
Christodoulides: Electricity prices remain government’s top priority
Reducing electricity prices remains the government’s top priority, according to President Nikos Christodoulides, who also said he will decide in 2027 whether to seek a second term, dismissing suggestions that ...
e-kalathi fails to grow or contain prices says consumers association
The number of products in the e-kalathi did not climb to 1,000 in the first half of 2026 as forecast by the head of the consumer protection department, the consumers’ association said ...
Consumers association finds vast differences in e-kalathi supermarket prices
Large discrepancy in prices between supermarkets on the e-kalathi application indicate a lack of competition between them, the Cyprus Consumers Association said on Monday.
According to the association, the average ...
e-Kalathi ‘essentially goes unnoticed’
The government’s ‘e-Kalathi’ application “essentially goes unnoticed”, supermarkets’ association chairman Andreas Hadjiadamou said on Monday.
He had been asked by the Cyprus News Agency whether the application has had ...
‘No unjustified price rises’ at supermarkets, consumer protection service says
There have been no unjustified price rises at supermarkets since conflict broke out in the Middle East at the beginning of last month, the consumer protection service’s competition branch ...
Seven in ten households say under financial stress
Nearly seven in ten households face financial distress to a lesser or higher degree, while four in ten families have taken out bank loans, according to a survey published on ...
New government cost-of-living measures ‘worth €100m’
The package of eight measures announced by the government to combat rising costs amid the ongoing conflict in the Middle East is worth €100 million, government spokesman Konstantinos Letymbiotis said on ...
Price increase for gas cylinders ‘justified’
The recent 20 per cent price hike for gas cylinders is not a result of profiteering but of significantly increased butane and propane prices, the energy ministry said on Monday.
“If ...
Cyprus ‘enters era of working poor’
The percentage of people at risk of poverty or social exclusion has remained stable at around 17 per cent for the past four years, which the national network against poverty believes ...