The European Commission does not need to conduct a new cost-benefit study for the Cyprus-Greece electricity interconnector nor publish a…
AKEL seeks to impose new windfall tax on Cyprus banks for 2025 and 2026
Cyprus’s main opposition party, AKEL, has revived its push to impose an emergency solidarity levy on bank profits for the…
Pensions, benefits, and 13th payment scheduled for early December deposit
The Ministry of Labour and Social Insurance has announced that all necessary arrangements have been finalised to ensure that pensions…
Ageing Europe threatens bank profits as fewer babies mean fewer loans, ECB warns
Demographic changes are reshaping the economic foundations on which banks operate, with falling birth rates and ageing populations set to…
A rare Kashalos from the Ierodiaconou Collection leads the winter sale at Cypria Auctions
10 December 2025 | Gallery K, Nicosia | 7:00 p.m. Michael Kashalos — “The Lifting of the Stone and the…
Stakeholders meeting may determine minimum wage rise
Tomorrow’s meeting of the National Minimum Wage Review Committee is expected to mark a turning point in ongoing discussions over…
Cyprus-Lebanon maritime deal stands firm despite Turkish interference attempts
The maritime border agreement signed between Cyprus and Lebanon on Nov. 26 cannot be overturned under any circumstances, government sources…
65,000 Cyprus families to receive Christmas bonus as government brings forward benefit payments
Around 65,000 families will receive extra cash before Christmas after the government approved a €17 million bonus package for people…
Lawyers, accountants push back against business sealing powers in tax reform
Lawyers and accountants are challenging proposed powers that would allow Cyprus’s Tax Department to seal businesses for non-compliance, despite safeguards…
Unions and employers to present final positions on minimum wage increase
Hourly calculation of the minimum wage and establishing a specific formula for determining it are the two key issues unions…