Low-income pensioners could see their pensions rise by as much as 50% under the government’s pension reform, Labour Minister Marinos…
Why isn’t Cyprus’s cost of living coming down?
Fuel, food and housing costs are keeping inflation high in Cyprus and maintaining pressure on the cost of living, despite…
From a Karavas cart dream to a business empire: the life of Nicos Shacolas
Nicos Shacolas, the businessman who built one of Cyprus’s largest business empires from the foundations of a large family in…
Mercuryo recognised with Great Place to Work® certification, highlighting strength of its remote-first fintech culture
Global payments infrastructure platform Mercuryo, has been certified as a Great Place to Work across five key European markets.. The recognition is based entirely…
Cyprus inflation hits 4% in June, among EU’s highest
Cyprus recorded one of the highest monthly inflation rates in the European Union in June, according to preliminary data released…
No more cash for rent, from today a permanent switch to electronic payment
Cash is no longer accepted for rent payments as of today, 1st July 2026, the Tax Department said, with all…
New EU customs duty on small parcels takes effect today
The European Union introduced a temporary customs duty of three euros per item today on small parcels worth up to…
New gov.cy service helps citizens find benefits they may be entitled to
The government has launched a new digital service, “Find Benefits You May Be Entitled To,” on the gov.cy portal, aimed…
Tourism losses to stay under 12% in 2026 as MPs accuse ministry of inaction
Tourism arrivals losses are not expected to exceed 12 percent for the whole of 2026, Deputy Tourism Minister Costas Koumis…
ExxonMobil eyes 2033 production start at Cyprus gas fields
Cyprus, ExxonMobil and QatarEnergy have signed a declaration of commerciality for the Glaucus and Pegasus natural gas fields, moving the…