Total sales of petroleum products decreased in January, although there was an increase in sales from petrol stations, according to…
Deposits, loans record decrease in January
In January 2024, both total loans and total deposits recorded a net decrease, with loans decreasing by €122.9 million and…
Cyprus establishes administrative services supervisory body
The Cabinet on Tuesday approved the establishment of a unified supervisory authority for administrative service providers. As Finance Minister Makis…
Extension of fuel tax reduction under parliamentary review
In the coming days, urgent legislative measures regarding anti-inflationary measures, approved by the Cabinet last Wednesday, will be submitted to…
Europe automakers will not challenge 2035 fossil-fuel car ban, industry group says
Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles as of 2035 no matter who…
Safe Bulkers cadet scholarship program
Safe Bulkers, Inc. (NYSE: SB) and its CEO, Polys V. Hajioannou, in the context of the Company’s Environmental, Social and…
Cyprus ranks low in financial literacy
Cyprus ranks among the lowest in Europe in terms of financial illiteracy, with a large percentage of the population lacking…
Casino operations yield €90 million in state revenue
The State collected around €90 million from taxes and levies on the operation of the City of Dreams Mediterranean casino…
ANALYSIS-Top global energy traders face multi-billion cash quandary
As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they…
EU carbon border tax will do little to cut emissions, ADB study says
A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to…