Cyprus electricity bills ease from 2023 peak but stay above pre-crisis level
Eurostat puts household power at €0.26 per kWh in the first half of 2026, down from €0.37 three years earlier but still well above what Cypriots paid before 2021.
Eurostat puts household power at €0.26 per kWh in the first half of 2026, down from €0.37 three years earlier but still well above what Cypriots paid before 2021.
The Cabinet approved a revised framework for registering foreign-interest companies, shifting focus to real economic activity and tougher compliance checks.
The cabinet approved €11.5m in student allowances for the 2025-2026 academic year and lifted the family income ceiling from €39,000 to €44,000 for households with two children.
Deputy Minister Nikolas Ioannidis says Syrians without legal status will face forced returns, while irregular arrivals have dropped 92% and student permits face a crackdown.
Cyprus's foreign minister says EU law governing the crossing points will not change if the island joins the border-free zone, as he defended his ministry's budget in parliament.
Restaurants, caterers and bakeries can recover most of the cost of waste-reduction measures under a scheme approved by the cabinet, capped at €20,000 per business.
At 4am on Sunday, October 25, clocks in Cyprus and across the EU will be set back to 3am as summer time ends.
Parcel numbers from outside the EU have dropped sharply since the €3 duty began on July 1, but the volume of goods is steady — shoppers are consolidating purchases into fewer shipments.
Unemployment hit a record low of 3.6 per cent in the second quarter of 2026, but the Central Bank of Cyprus says demographic shifts, housing costs and skills shortages may soon limit growth.
Orders from Temu, Shein and AliExpress will carry a €2 customs charge on top of the existing €3 levy, under an EU-wide rule change.
Energy Minister Michael Damianos told MPs that Cypriot contributions to the Great Sea Interconnector depend on real progress, as verified spending figures lag far behind Admie's claims.
State language courses bar parents from bringing children to class, leaving mothers without care options shut out — though evening schools already run supervised childcare.