Saving the economy takes bold moves

Despite the Central Bank’s optimistic view of an increase in the Cyprus economy’s GDP growth, from 2.6% this year to 3.1% by 2025, the employers’ federation and the main Opposition party are

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Heat on banks to lower interest hikes

Political parties are increasing the heat on banks to absorb part of the increased cost of borrowing from interest rate hikes burdening the economy and households. As the European Central Bank prepares

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Flights to UK running normally

Flights from Larnaca and Paphos to the UK are carried out smoothly, said Maria Kouroupi, senior manager at airports operator Hermes. She told CAN: “Following the problem that occurred on Monday with

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Uneasy quiet settles in Chlorakas

An eerie calm pervades Chlorakas, Paphos, following recent violent outbreaks between Syrian refugees and extreme right-wing groups. While the local community is returning to normal, authorities are on alert, fearing a repeat