Cash is no longer king

Cash is losing its dominance in Cyprus, mirroring a wider trend in the European Union, where the majority of consumers now prefer using digital payment methods, according to the Central Bank of

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Third arrest in Limassol mafia murder

Police have arrested a third suspect in the murder case of Thanasis Kalogeropoulos, while efforts to unravel the mastermind behind recent gangland killings have led authorities to Nicosia Central Prisons. The arrest,

Business ‘death rate’ is 6.3%

The rate of “enterprise births” in Cyprus in 2021 stood at 10.2%, while the rate of “enterprise deaths” was 6.3%, according to data by Eurostat. It is the first time the statistical

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Cyprus unveils Gaza plan in Paris

President Nikos Christodoulides outlined a proposal on Thursday to open a maritime corridor to help deliver more aid to Gaza, a plan which he said could be operational quickly but which diplomats said

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British Airways, EasyJet boost UK flights

Tourism boss Costas Koumis has welcomed increased air connectivity with its biggest market, the UK after British Airways and EasyJet announced plans to expand their flight schedule to Cyprus. EasyJet announced two