Larnaca will acquire a 50-kilometre-long cycling network by the end of 2026, the Larnaca municipality announced on Tuesday. The project…
KEAN group changes hands after 74 years of successful presence in Cyprus
After 74 years of successful presence in Cyprus Limassol-based KEAN group of companies with a strong portfolio of top-quality food…
Branson’s Virgin Orbit files for bankruptcy
Richard Branson’s Virgin Orbit Holdings VORB.O filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to…
Deposit interest rates in Cyprus still among euro zone’s lowest
Banks in Cyprus are expected to start raising deposit rates, even if only gradually, in a bid to reduce a…
OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per…
Cyprus-Israel-Greece Foreign Ministers underline importance of energy cooperation
The Foreign Ministers of Cyprus, Greece and Israel stressed the importance of trilateral cooperation on energy, following their meeting in…
Unemployment in Cyprus at 7.3%, Eurostat figures show
Cyprus’ seasonally-adjusted unemployment rate fell slightly to 7.3% in February 2023 (from 7.4% in January), but increased compared with February…
New bill: No additional charges on consumers in Cyprus when paying with credit cards
The House plenum on Thursday passed a law closing loopholes that existed in the legislation to impose additional charges on…
Fifty nine PDO halloumi certifications issued, following first for T/C producer
The Ministry of Agriculture said on Thursday that 59 certificates of Protected Designation of Origin (PDO) have been issued to…
Macron says protests won’t stop pension reforms, as he announces water-saving plan
French President Emmanuel Macron sought to rally citizens around a plan to save water on Thursday and stressed that protests…