A proposed cap on gas prices has divided European Union countries for months, as countries have argued about how high…
EU could face gas shortage next year, IEA warns
The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies…
Large ‘Best Value’ store coming to Nicosia
Bank of Cyprus Remu has entered into an agreement with a well-known Greek company to sell a large commercial plot…
Lucky Joker winner in Cyprus scoops €8.7 million
The lucky winner in Sunday’s Joker draw is from Cyprus and wins €8,773,087.22, philenews reports. The bet won €8,773,087.22 in…
Postal services to Iran temporarily suspended
The Cyprus Post announces that all postal services to Iran will be temporarily suspended, except the QuickPost courier service.
ECB plans to raise deposit rate by 50 bps on Thursday as family budget is already stretched
The European Central Bank on Thursday plans to take its deposit rate up by 50 basis points to 2.00% despite…
Possible power cuts on Wednesday in Nicosia and Larnaca
If the trade unions of the Electricity Authority of Cyprus (EAC) insist on implementing the measure of inactivating the six…
Parliament passes 2023 state budget
The House of Representatives on Thursday approved the 2023 state budget. The budget was approved by 29 votes in favour…
Inflation running rampant in occupied north
Annual inflation in the occupied north rose to 114%, Kibris newspaper reported. According to data, the cost of living for…
EAC staff strike expected to affect electricity supply
Electricity supply will be affected by strike measures announced by the trade unions representing workers at the Electricity Authority of…