Economy

Cyprus electricity prices: When will consumers pay less?

Cyprus electricity prices have yet to fall significantly despite the launch of the competitive electricity market, with Energy Minister Michael Damianos saying the system...

Cyprus child benefit to rise by up to 10% from 2027

Significant changes to the Cyprus child benefit system are included in a new bill submitted to Parliament, with higher income thresholds, increased payments for...

Housing prices show no sign of slowing, up nearly 8% year-on-year

House prices in Cyprus continued to rise in the second quarter of 2026, with the House Price Index increasing 7.9% year on year and...

New cost-of-living measures set to go before Cabinet

Cyprus is preparing a new package of cost of living measures, Finance Minister Makis Keravnos said on Monday following a meeting between President Nikos...

Cyprus higher education targets global growth

Cyprus is seeking to turn its rapidly expanding higher education sector into a stronger international academic and research hub, with new English-language degrees, artificial...