End to compounding interest by banks on delayed loans is sought to be introduced through legislative regulation by the MP…
Cyprus recovery program faces delays
The interim evaluation by the Commission of Cyprus’ Recovery and Resilience Facility program highlights significant delays, although acknowledging “certain risks…
‘Good news’: Poland to get up to 137 bln euros in funds, says EU chief
Poland will gain access to up to 137 billion euros ($148 billion) in European Union funds, the head of the…
Med High Private English School
Med High was established in 1995 as a multicultural international school based in Larnaca, Cyprus. Following the UK National Curriculum,…
Swiss still love physical cash despite rise of payment apps
Switzerland is still in love with bank notes and coins, a survey by the central bank showed on Friday, despite…
Stalemate in hotel industry contract talks
The achievement of an agreement through direct negotiations for the renewal of the sectoral employment contract in the hotel industry…
Subsidies may foreshadow increase in electricity prices
Despite the fact that the Board of Directors of the Electricity Authority of Cyprus (EAC) has not yet reached its…
Renewable energy production in Cyprus below EU average
In 2022, electricity consumption in the EU originated 41% from renewable energy sources, according to Eurostat data released yesterday. A…
Analysis: Global trade rift widening as Ukraine war passes two-year mark
Two years after Russia’s invasion of Ukraine, there are clear signs that the global economy is fragmenting into two separate…
MPs insist on taxing excess profits of electricity companies
Amidst discussions concerning the taxation of electricity windfalls, political parties unanimously greenlit the Cyprus Energy Regulatory Authority (CERA) budget for…