Property sales in Cyprus reached €1.7 billion in the first quarter of 2023, according to data from the Real Estate…
‘We can’t afford anything’: Turkey’s cost-of-living crisis threatens Erdogan’s re-election
Istanbul barber Hakim Ekinci, a long-time supporter of Tayyip Erdogan, won’t be voting for the president next Sunday, blaming his…
How Turkey’s opposition plans to roll back Erdogan’s policies
Turkey’s opposition alliance has vowed to reverse many of President Tayyip Erdogan’s policies if elected in a May 14 election,…
VAT exemption of essential goods comes into effect today
A decision by the Council of Ministers to impose a zero VAT rate on a range of essential items including…
New round of CoLA negotiations looms as deal remains elusive
The deadline for the government’s submitted compromising proposal on the cost of living allowance (CoLA) in Cyprus is on Friday…
Apple iPhone sales inch up, bolstering results amid shaky economy
Apple Inc’s AAPL.O results beat expectations on Thursday, showing off the tech giant’s resilience in a slowing global economy thanks to better-than-expected iPhone sales…
UK reviews AI models as rapid growth fuels safety concerns
Britain’s competition regulator said on Thursday it would start examining the impact of artificial intelligence on consumers, businesses and the…
Cyprus recorded largest increase in industrial producer prices in EU
Industrial producer prices in March 2023 compared with February 2023 rose by 2.4% in Cyprus, which represents the largest increase…
ECB raises rates by 25 bps in bid to fight inflation
The European Central Bank raised interest rates by 25 basis points to 3.25% as expected on Thursday and said it…
ECB to raise interest rates for a seventh time in inflation fight
The European Central Bank will raise interest rates for the seventh meeting in a row on Thursday as its long…