A new scheme allowing employers and self-employed workers to settle overdue contributions to the Social Insurance Fund has come into…
Flight prices to Cyprus soar as Hormuz crisis squeezes fuel supplies
Flights to and from Cyprus have become significantly more expensive this summer, as jet fuel shortages triggered by the Strait…
From debt vehicle to €60bn giant: the transformation of the Social Insurance Fund
Cyprus’s Social Insurance Fund is set to become a major investment fund holding between €50 billion and €60 billion, as…
Limassol leads the way as Cyprus’s top 50 property sales total €197.7m in Q1 2026
The 50 most expensive property sales completed in Cyprus in the first quarter of 2026 totalled €197.7 million, with Limassol…
Cyprus to build two repair and reuse centres in Nicosia, Limassol under €6.76m EU project
Two Repair and Reuse Centres are to be built in Nicosia and Limassol under the European LIFE IP CYzero WASTE…
Berengaria project by bbf: enters final stretch — All planning permits secured
bbf: announces that all required planning permits have now been secured for the hotel, luxury villas, townhouses, and residential apartments…
Inside Vasilikos: Cyprus’s most concentrated energy zone
The sheer concentration of energy, industrial and military installations at Vasilikos is raising concerns about the risks to Cyprus’s economy…
Tax Department targets 500 businesses with €1m+ debts for closure
The Tax Department will target 500 businesses with tax debts exceeding €1 million in the first phase of implementing a…
EU sets out measures to cut energy costs at informal Energy Council in Nicosia
The European Commission presented a package of energy cost reduction measures to EU Energy Ministers at the informal Energy Council…
Cyprus ninth most expensive in EU for household electricity, Eurostat data show
Cyprus has the ninth highest household electricity prices in the EU in nominal terms, and when purchasing power is taken…