U.S. President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes…
EU Commissioner Schmit: It is not the wages pushing prices up, but the profits
After 15 years of successive crises, European citizens have seen their purchasing power and living standards drop, while the EU,…
EU agrees on looser fiscal rules to cut debt, boost investments
EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments…
Kition Ocean Port makes deal with striking workers
Kition Ocean Port on Saturday said that it reached an agreement with its striking employees at Larnaca Port. The company’s…
EAC defers decision on electricity tariff hike, wants CERA to implement it
The Electricity Authority of Cyprus (EAC) board of directors, under the leadership of its new president Georgios Petrou, convened yesterday…
Finance Minister pledges support for tech enterprises
The government has prioritised bolstering innovative enterprises in Cyprus, according to Finance Minister Makis Keravnos, who made the announcement during…
Larnaca port workers strike over alleged arbitrary practices by Kition Ocean Port
Employees at Kition Ocean Port in Larnaca Port have launched an impromptu strike action. The workers are protesting against what…
Greece to raise investment price for ‘golden visas’, PM says
Greece is planning to further raise the investment threshold for “golden visas” to foreigners to 800,000 euros ($861,520) for real…
Green tax increases to be marginal, Finance Minister states
The green levy expected to be imposed on fuel prices in the coming months is anticipated to be low. This…
‘Silver is the new gold’ as Egyptians try to protect savings
Egyptian women traditionally receive a gold jewellery set, or “shabka”, on their engagement. But as surging prices and a weakening…