Residents and local bodies in Alambra are demanding the immediate revocation of permits and suspension of work on a 40-megawatt…
One in three workers in Cyprus works weekends
More than one in five workers in Europe — 21.3% — regularly work weekends, according to updated Eurostat data analysed…
From refinery to resort: Larnaca’s seafront prepares for a new era
Larnaca’s former refinery site is set for a major transformation, as EKO Cyprus Ltd’s master plan for the area enters…
Solar panel owners face cut-offs every other day, EAC data shows
Residential solar panel owners in Cyprus faced repeated production cut-offs in the past month, with some systems taken offline up…
Tax office to start sealing businesses with €20,000+ debts this summer
The Tax Department will begin sealing the premises of businesses that owe more than €20,000 in tax this summer, making…
Fitch keeps Cyprus at A- with positive outlook despite global uncertainty
Ratings agency Fitch has affirmed Cyprus’s long-term credit rating at A- with a positive outlook, despite what authorities described as…
Rent payments to go cashless from July in tax clampdown
Cyprus will require all rent payments for properties in the Republic to be made through bank accounts or recognised electronic…
Home ownership slips further out of reach for young buyers in Cyprus
Young people in Cyprus face growing hurdles in buying a home, as high property prices, limited savings, early-career salaries and…
Court ruling ends Land Registry practice on property burden notices
A court ruling has ended the Land Registry’s practice of informing property buyers, when they file a sale contract, about…
Aramco CEO warns 1 billion barrels lost will slow oil market recovery
The world has lost about 1 billion barrels of oil over the past two months and energy markets will take…