It's difficult to advise on how much you need as it depends on what and where you want to eat and drink. I stay at Pefkos and in most of the bars a large beer is 3/3.5€, wine 3.5/4€, spirit with mixer 5€ and cocktails 6/7€. You can get a lunchtime snack for between 4/6€ and a 2 course dinner for 15/20€. You can get cheaper in some places or a lot more expensive. If there are2 of you allow about 100€ a day.
Hope this helps a bit.
Personally I don't thinks its any more expensive than in the UK ( I know you're from Qatar), it's as cheap or as expensive as you want it to be.
Dave has covered most things and I think he is bang on with 100€ a day for two, we take approx 125€ a day for us both and that covers everything, trips, taxi's, gifts for friends & family, handbags, slippers for the wife etc.
You can spend 100€ in one day, but you might only spend 50€ the next day, it depends on what and where you want to eat/drink/visit etc...
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