The European Union reached a deal in the early hours of Wednesday on a law to increase the price that…
Cyprus records second largest increase in air passenger transport in EU
In 2021, the total number of passengers travelling by air in the EU was 373 million, a substantial increase of 35%…
European companies cuts jobs as economy sputters
Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here…
EU escalates WTO challenges to China over patents, Lithuania
The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the…
Tourism industry has favourable future despite challenges, Deputy Minister says
Tourism in Cyprus has a favourable future despite the challenges, Deputy Minister for Tourism Savvas Perdios said on Tuesday. Addressing…
Trump Organization found guilty of tax fraud scheme
Donald Trump’s real estate company was convicted on Tuesday of carrying out a 15-year-long criminal scheme to defraud tax authorities,…
Cyprus Airways announces 6,000 additional seat capacity over Christmas
Cyprus Airways announced Tuesday that it added over 6,000 additional seats to Athens, Paris and Yerevan to boost its capacity…
Airlines say fares will increase due to green transition
Airline passengers face higher ticket prices as the industry moves towards its target of reducing emissions to net zero by…
EU agrees law preventing import of goods linked to deforestation
The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market soy,…
Euromed Tech Hub to be established in Cyprus
The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of…