Cyprus could begin producing natural gas for export as early as 2028, Energy Minister Michael Damianos said, potentially strengthening Europe’s…
EAC workers to stage three-hour stoppage next week as unions warn of escalation
Workers at the Electricity Authority of Cyprus (EAC) will stage a three-hour work stoppage on Wednesday 18 March, from 8am…
Fuel prices in Cyprus jump as diesel rises 15.2 cents in two weeks
Fuel prices in Cyprus have climbed sharply over the past two weeks, putting added pressure on households and family budgets,…
Russia’s Dmitriev says U.S. sanctions waiver affects 100 mln barrels of Russian oil
Russian presidential envoy Kirill Dmitriev said on Thursday that U.S. waiver for countries to buy sanctioned Russian oil would affect…
Cyprus says hype over Akrotiri attack battered tourism as government launches overseas campaign
Booking cancellations are hitting Cyprus’s tourism sector following the drone strike on the British base at Akrotiri, with reservations being…
UK’s On the Beach suspends profit forecast as Iran war hits Cyprus and Mediterranean bookings
Cyprus is among the Mediterranean destinations taking a hit to holiday bookings as the US-Israeli war with Iran ripples through…
EU Parliament greenlights new package travel rules to protect holidaymakers
The European Parliament has greenlighted updated rules on package travel, strengthening consumer protections on refunds, vouchers and cancellations, with legislators…
Hormuz disruption could hit Cyprus beyond fuel prices, economist warns
Cyprus will not introduce precautionary measures in response to the Middle East conflict for now, Finance Minister Makis Keravnos said…
EU approves €21.2 million payment to Cyprus under Recovery and Resilience Facility
The European Commission announced on Thursday that it has disbursed €21.2 million to Cyprus as the fifth payment under the…
EU countries cap fuel prices as Cyprus watches and waits
The conflict in the Middle East is sending shockwaves through global energy markets, with oil prices surging past $100 a…