The list of consumer goods subject to reduced VAT – in some cases, zero per cent – has been drafted…
Central Bank of Cyprus’ Herodotou: we need to work on core inflation
European Central Bank rate hikes have started to work their way through the economy, as evidenced by falling inflation, but…
Companies’ cost inflation is slowing but shoppers may wait for lower prices
The world’s top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for…
Banks in Cyprus draft individual relief measures for borrowers
Banks in Cyprus are drawing individual relief measures for borrowers in view of the European Central Bank’s ongoing policy to…
UK food banks give out record amount as rising living costs drive
Britain’s biggest food bank network said the amount of emergency food parcels it distributed rose 37% to a record 3…
ECB to further raise deposit rate to fight inflation
The European Central Bank will almost certainly add 25 basis points to its deposit rate on May 4 and then…
US Supreme Court rejects computer scientist’s lawsuit over AI-generated inventions
The U.S. Supreme Court on Monday declined to hear a challenge by computer scientist Stephen Thaler to the U.S. Patent…
What do you get when you cross cryptocurrencies with artificial intelligence?
A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions…
Cyprus Airways records 19% passenger increase compared to pre-covid season
Cyprus Airways announced its March passenger results during which it carried 25,899 passengers an increase of 558% compared to last…
Greece wants to attract more Cypriot tourists this summer
Some 150 flights a week will connect Cyprus and Greece in July and August, the Greek ambassador to Nicosia Ioannis…