Almost 18% of Cypriot household consumer spending is allocated to housing, water, electricity, and fuels, Eurostat data show. The figures…
Israel–Cyprus gas pipeline can be ready within 12 months of approval, Energean CEO tells CNA
Energean’s new proposal for an Israel–Cyprus natural gas pipeline is the most immediately feasible option for bringing gas to Cyprus,…
State plans pension increases and minimum wage rise after credit upgrades
Cyprus is pushing ahead with pension increases and a minimum wage rise following three new credit rating upgrades, as President…
Prometheus vessel ready by December, but Cyprus may send €200m FSRU abroad for certification
Installation of the remaining equipment on the Prometheus is expected to be completed by late November or early December, after…
Tax department can now seize shares from wealthy evaders hiding behind companies
Cyprus is closing loopholes that have allowed some taxpayers to dodge their obligations by hiding wealth in company shares whilst…
Cypriots race to squeeze in one more trip before 2025 ends
An interesting and very recent survey shows that Cypriot travellers have not yet “written off” 2025, even though little time…
Europe ends free ride for small parcels, duties coming for shipments from third countries
Starting 2026, European citizens will have to pay more for small parcels they receive for purchases made through third-country platforms.…
Fredrik Persson: Time for European business to step up
Speaking from Nicosia, BusinessEurope president Fredrik Persson – who leads Europe’s largest confederation of employers and business federations – sent…
Kiosk owners demand Cyprus exemption from EU tobacco tax directive over smuggling fears
Kiosk owners are demanding the Republic of Cyprus be exempted from a proposed EU directive that would increase taxation on…
Christodoulides heads to Lebanon as energy giants eye more Cyprus gas blocks
Energy giants have shown interest in operating in more blocks within the Republic of Cyprus’s Exclusive Economic Zone, President Nikos…