Producer prices for pork have plunged nearly 30% over the past year, but shoppers are seeing little benefit at the…
Cyprus tax reform sets income thresholds for new deductions
Taxpayers will qualify for additional tax deductions covering children, students, green initiatives and mortgages under strict income conditions in the…
Cyprus set to gain geostrategic value from energy projects, expert says
The Eastern Mediterranean has once again become the focus of strong, predominantly American interest, as new energy projects and planned…
EasyJet announces direct Paphos-Liverpool flights
Budget carrier easyJet will launch flights between Liverpool and Paphos next summer. The airline will operate twice-weekly services to the…
Cyprus rent prices continue to climb despite government housing reforms
Rising rents show no sign of stopping in Cyprus. Despite government actions and announced measures aimed at strengthening the housing…
Cypriots spent €300 million on domestic tourism
The number of Cyprus residents who traveled both domestically and abroad increased by 30.8% in 2024 compared to 2023, according…
Fitch upgrades Cyprus economy prospect to positive, government says more to come
The US credit rating agency kept the rating at A-, but upgraded the economy prospects from stable to positive, which…
Approval given for new energy storage unit in Larnaca
The Environmental Authority has given the green light for the construction and operation of a 59MW energy storage unit with…
Larnaca: The plan for a restart of the commercial centre
The commercial centre of Larnaca is going through one of the most difficult periods in its recent history, due to…
Larnaca starts eight major projects worth €400 million
The Larnaca District Local Government Organisation is building eight major projects worth about €400 million, it announced. The projects will…