Cyprus lacks work-life balance

The Commission has decided to send a reasoned opinion to 11 countries, including Cyprus, for failing to nationally transpose EU rights on Work-Life Balance for parents and carers. The process could result

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Q1 property sales up 50% on 2019

Annual real estate transactions continued to rise in the first three months of the year, as sales documents submitted are 51.1% higher than those recorded in the same period pre-COVID 2019. According

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Cypriot motorists go green

Cypriot motorists are turning to greener vehicles, as sales of electric and hybrids have doubled in the first three months of the year compared to 2022. According to the latest data, sales

Annual March inflation drops to 6.1%

The annual inflation rate in Cyprus was 6.1% in March, down from 6.7% in February, according to data published by Eurostat. The Harmonized Index of Consumer Prices (HICP) rose by 6.1% since

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Government mulling zero VAT on some items

The government is considering removing VAT on some foodstuffs to relieve households from inflationary pressures and a hike in interest rates. Despite March seeing the lowest inflation rate for 13 months, households

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President to launch EU Cyprus problem tour

President Nikos Christodoulides will visit fellow EU member states to encourage more active European involvement in breaking the six-year deadlock in Cyprus problem talks. “We consider the situation at this juncture favours the