“Shady financial practices” in the Republic of Cyprus have mostly been cleaned up, however, the issue persists in the occupied…
Power supply to occupied areas set to restart after pause to save fuel
A delay in the delivery of fuel, used for power generation, resulted in a disruption to the supply of electricity…
Cyprus records largest increase in cultural sector employment in the EU
In 2022, approximately 18,100 people worked in the cultural sector in Cyprus, representing 4% of total employment, according to a…
Energy prices in Cyprus too high to support economic development, Minister says
The energy sector in Cyprus is grappling with significant challenges as the cost of electricity is around three times higher…
Kapnos Airport Shuttle announces student tickets for Paphos
Kapnos Airport Shuttle on Wednesday announced that it is launching cheaper tickets for students to and from Paphos Airport, from…
Scorched Europe battles deadly fires, Turkey shuts shipping lane
More searing temperatures fuelled wildfires and prompted health warnings across Europe on Wednesday, as a blaze in Turkey forced the…
UK’s handling of Microsoft deal sows doubts over post-Brexit direction
The long-running battle between Microsoft MSFT.O and Britain over the Activision Blizzard ATVI.O deal took another twist on Tuesday, raising more questions than answers…
Bonus freedom to pay paltry ‘Brexit dividend’ for Britain’s banks
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to…
Annual inflation in Cyprus, EU records notable drop
In July 2023, Cyprus saw a decline in its annual inflation rate, dropping to 2.4% from 2.8% in June 2023…
August hotel bookings around 95%, says hoteliers president
The ongoing tourist season is going well and booking rates are high, President of the Cyprus Hotels Association (PASYXE) Thanos…