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…
Decrease in petroleum product sales in January
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…