Music streaming giant Spotify SPOT.N said on Monday that it will lay off around 1,500 employees, or 17% of its…
Paphos civil wedding industry thriving
The civil wedding industry in Paphos, Peyia, and Yeroskipou worked at full capacity during this year’s tourist season, confirming, based…
German economy minister cancels Middle East trip for budget talks
German Economy Minister Robert Habeck on Sunday cancelled a planned trip to the Middle East to focus on talks over…
Cypriot economy sustains growth despite external pressures
The economic growth rate remains robust, standing at 2.5% in the third quarter of 2023 compared to the same quarter…
Moldova denounces new Russian ban on fruit imports
Pro-European authorities in Moldova on Friday dismissed as groundless a ban imposed by Russia on imports of its fruit and…
Tourist industry revenue surged in September
Tourism revenue experienced a notable surge in September. In contrast to the tourist arrivals that achieved all-time highs in 2019,…
Britain yet to make the case for a digital pound, lawmakers say
A digital pound should not be available in large sums initially to avoid the risk of bank runs, UK lawmakers…
Inflation slows down in November
Inflation data provided by Eurostat, show a significant slowdown of inflation in Cyprus. The harmonized consumer price index retreated to…
Electricity and flight ticket prices expected to increase
The Republic of Cyprus is set to experience a substantial boost in revenue, estimated at €150 million annually for the…
Real estate market demand remains high
Significant performance has been recorded in the Cypriot real estate market from January to September 2023. According to data from…