The percentage of implementation of the state budget’s developmental expenses in the first month of 2024 amounted to 1% (€17.86…
Chocolate product prices set to surge
Significant increases in chocolate products will be seen by consumers in the coming period. Already, Alkis H. Hadjikyriacos (Frou Frou…
Industrial production increases by 2.4% in 2023
The industrial production in Cyprus increased by 2.4% in 2023 compared to 2022, according to data released on Wednesday by…
EU countries block supply chain audit law at last hour
European Union countries blocked at a late stage on Wednesday new rules requiring large companies to check if their supply…
Apple cancels decade-long electric car project, source says
Apple AAPL.O has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a…
Bitcoin eyes $60,000, ‘FOMO’ stirs biggest monthly rally since late 2020
Bitcoin BTC= surged for a fifth day on Wednesday to near $60,000, buoyed by flows into new U.S. spot bitcoin…
Cyta awarded 400,000 smart metres project
The Electricity Authority of Cyprus (EAC) has officially awarded Cyta the contract for a rollout of 400,000 smart electricity meters…
Licenses held by less than one-tenth of tourist accommodations
The five years provided as a grace period for compliance of hotel units with the new framework for the operation…
Olive oil prices surge
A 49% increase in Cyprus and a 50% increase in the European Union were recorded in the price of olive…
Economic climate deteriorates in February
In February 2024, a deterioration was recorded in the economic climate with the Economic Sentiment Indicator (ESI) decreasing by 2.1…