Any recession is expected to be mild and short, Constantinos Herodotou, Governor of the Central Bank of Cyprus said during…
EU agrees law to make airlines pay more to pollute
The European Union reached a deal in the early hours of Wednesday on a law to increase the price that…
Cyprus records second largest increase in air passenger transport in EU
In 2021, the total number of passengers travelling by air in the EU was 373 million, a substantial increase of 35%…
EU escalates WTO challenges to China over patents, Lithuania
The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the…
Tourism industry has favourable future despite challenges, Deputy Minister says
Tourism in Cyprus has a favourable future despite the challenges, Deputy Minister for Tourism Savvas Perdios said on Tuesday. Addressing…
Airlines say fares will increase due to green transition
Airline passengers face higher ticket prices as the industry moves towards its target of reducing emissions to net zero by…
EU agrees law preventing import of goods linked to deforestation
The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market soy,…
House to begin discussion on state budget
The Parliament will begin on Tuesday its three-day session to approve the state budget for 2023. The budget will be…
NGO offering free employability, Greek-language skills for disadvantaged groups
The non-governmental organisation Generation for Change CY announced on Monday the launch of its Employability Hub programme. According to an…
November unemployment records 9.5% increase compared to last year
Unemployment in November recorded an increase both on a monthly and an annual basis, data by the Statistical Service of…