The Cyprus Stock Exchange (CSE) is inching closer to privatization, with the process slated to conclude no later than the…
UK to implement carbon levy on imported goods by 2027
Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries…
Festive food and fizz top Europeans’ Christmas shopping list
Supermarkets in the UK and Europe are offering more own-brand festive food from roast duck to truffle crackers as cash-strapped…
Lufthansa to resume flights to Tel Aviv, US airlines remain on hold
Lufthansa LHAG.DE will resume flights to Tel Aviv starting Jan. 8, the airline said on Friday, making it the one…
New decree to determine hike in minimum wage from January 1
Starting next week, the government will finalise the adjustment to the national minimum wage, effective from January 1, 2024, through…
Airport passenger traffic in 2023 sets all-time record
Cyprus’ airports witnessed record-breaking numbers of passenger traffic in 2023, Transport Minister Alexis Vafeadis announced. Specifically, Minister Vafeadis revealed that…
Minimum wage set to increase before Christmas
The procedures for revising the national minimum wage are entering their final stages, with the relevant decree set to be…
ECB leaves rates unchanged, starts pulling plug on bond buys
The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last…
Oil investors to usher in 2024 amid oversupply, demand concerns
Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that…
Job vacancies in Cyprus record rise compared to last year
The percentage of job vacancies in Cyprus rose during the third quarter of 2023, according to data released by the…