After months playing catch-up with inflation, central bankers were starting to believe they have finally pegged interest rates at just…
Taxpayers pay €1.5 million for the sewerage system of T/C buildings
For years, taxpayers have been paying not only the fees for connecting Turkish Cypriot properties to the central sewerage systems…
Elon Musk’s X to launch premium subscriptions soon
Elon Musk said on Friday social media platform X, formerly known as Twitter, will soon launch two new tiers of…
Cyprus government’s relief economic measures welcomed, concerns though are also raised
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…