Wizz Air will launch a new direct route from Larnaca to Madrid and resume flights to Athens from September 2026,…
What the new foreclosure and insolvency rules mean for borrowers
Cyprus’s parliament voted on Thursday to revise a package of foreclosure and insolvency laws that President Nikos Christodoulides had referred…
The solar surplus dispute explained
Around 10,000 households who installed rooftop solar panels under Cyprus’s 2021 scheme will not lose their accumulated electricity surplus, according…
EAC workers stage 24-hour island-wide strike
EAC workers are staging a 24-hour island-wide strike today, from midnight on April 22 to midnight tonight, with all customer…
Why Cyprus is rethinking its renewables law
Parliament will revisit a recently passed law restricting renewable energy projects on agricultural land on Thursday, April 23, after the…
President blocks nine foreclosure laws, refers four to Supreme Court
President Nikos Christodoulides has blocked nine of twelve laws passed by parliament at the April 6 plenary session on foreclosures,…
Richest 10% hold 67% in Cyprus, wealth tax could raise €2.1bn
Wealth inequality is widening in Cyprus, with the richest households holding an even larger share of the country’s wealth, according…
Government to start €12bn Social Insurance Fund debt repayment
The Cyprus government will stop borrowing from Social Insurance Fund (SIF) surpluses and begin gradually repaying its 12-billion-euro debt to…
Inflation quietly shrunk Europe’s minimum wages — here’s where Cyprus stands
Cyprus recorded the highest real minimum wage growth among the European Union countries listed in a new analysis, even as…
Christodoulides has until today to sign or refer back foreclosure laws
President Nikos Christodoulides faces a deadline today to sign, refer back to parliament, or challenge before the Supreme Court twelve…