The government is set to replace its popular “Photovoltaics for All” scheme with a new national programme in early 2026,…
Minimum wage hike to €1,125 hinges on Labour Minister’s final talks with unions this week
The new Minister of Labour and Social Insurance, Marinos Mousiouttas, is under pressure to finalise the revision of the national…
Cyprus rent prices see triple-digit increases in one year as housing becomes ‘inaccessible’
Rental prices for homes across Cyprus have surged dramatically in the last year, pushing many apartments and houses to a…
Nicosia to revamp historic centre, mayor says
Nicosia Municipality is hiring a project manager for the first time to oversee a €12 million reconstruction of the capital’s…
Brussels threatens Cyprus with EU court over airport safety failures at Larnaca and Paphos
The European Commission threatened Cyprus with legal action on Thursday for failing to fix safety problems at Larnaca and Paphos…
Tax reform: €22,000 tax-free threshold and new child deductions agreed
Cypriots have begun calculating the benefits they will receive from a tax reform that raises the tax-free threshold to €22,000…
EU tightens foreign investment screening to shield strategic sectors
The European Commission is pushing ahead with a protective framework aimed at shielding the EU’s strategic sectors from third-country investments,…
MPs push back on government plan to tax provident funds’ investments
A majority is forming in Parliament to block the taxation of provident funds’ investment activities, despite the provision being included…
City of Dreams Mediterranean named Cyprus’ Best MICE Hotel 2025
City of Dreams Mediterranean has been crowned Cyprus’ Best MICE Hotel at the annual World MICE Awards held in Bahrain this…
Builders back government plan for 500 affordable rental homes
The government’s target of 500 quality affordable rental homes is achievable, according to Stelios Gavriil, president of the Cyprus Building…