Political parties in Cyprus have welcomed the government’s announced comprehensive €196 million package of measures, including fuel subsidies, to alleviate…
Moody’s places Israel’s A1 ratings on review for possible downgrade
Global ratings agency Moody’s on Thursday placed Israel’s A1 ratings on review for a possible downgrade, citing the ongoing military…
The 17 government measures to support Cypriot society, amounting to €196 million
The Cabinet meeting concluded on Thursday afternoon and a total of 17 measures were reportedly approved to relieve consumers from…
Eight cents off the tax on fuel for 3 months
Information from the Ministerial Cabinet meeting indicates that a reduction of the excise tax on fuel was decided, effective for…
Tesla’s Musk raises Cybertruck production concerns, reveals delivery date
Tesla TSLA.O CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker’s much-awaited Cybertruck electric pickup truck…
Sterling blips up after UK inflation data
Sterling ticked higher on Wednesday after data showed UK inflation held at 6.7% in September, showing no acceleration, but above expectations for a…
EU countries break deadlock on power market subsidies
European Union countries’ energy ministers struck a deal to reform power market subsidies, Spain’s energy minister said on Tuesday, defusing a stand-off…
Nervous markets eye Gaza as oil hovers above $90
Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as…
How the war in Israel will affect Cypriot economy
The government’s economic staff is de facto on alert, since the war in Israel may also create a chain of…
“Photovoltaics for All” coming at the end of October
At the end of October, the final financing program for residential electricity consumers for the installation of rooftop photovoltaics without…