Eurobank, one of Greece’s largest lenders, said on Thursday it agreed to acquire an additional 13.4% stake in Cypriot Hellenic…
Tourists stay less but spend more in Cyprus – data
Revenue from tourism reached €1,965.4 billion between January – September 2022, data from the Cyprus Statistical Service show. Compared to…
Supreme Court says VAT reduction on electricity is unconstitutional
The Supreme Court on Wednesday ruled the law reducing VAT on electricity consumption unconstitutional, as it violates the separation of…
Government announces Christmas benefit for low-income earners
The government will hand a Christmas benefit to low-income earners, Deputy Social Welfare Minister Anastasia Anthousi announced on Wednesday. The…
Germany agrees 15-year LNG supply deal with Qatar
Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N…
Twitter rolls back COVID misinformation policy
Twitter Inc has rolled back a policy that was aimed at tackling misinformation related to COVID-19 on the social media…
Paramount’s “Love Rat” TV series set to start filming in Cyprus
Invest Cyprus welcomes another international production that will be filming in Cyprus in the coming weeks. Earlier this week, it…
Cyprus’ proposed 2023 state budget now provides additional €55m for new pension plan
The Mediterranean island’s proposed 2023 state budget of €8.4 billion provides for an additional €55 million following 37 new amendments…
Accelleron – a new, long-established turbocharging leader Technical innovation and excellence in turbocharging solutions for medium to large engines
Accelleron may be a new name in the world of marine turbocharging, but it is certainly not a new presence.…
Ireland fines Facebook 265 mln euros
Ireland’s data privacy regulator imposed a 265 million euro ($277 million) fine on social media giant Facebook on Monday, bringing…