The government has decided to continue subsidising fuel prices at the pumps by extending a reduction on consumption tax for another two months. The Finance Ministry announced on Wednesday that the government
The Greek Easter table will be 25% more expensive than last year, as the cost has been pushed by increases in lamb, beef, and eggs, according to the Commerce Ministry’s Consumer Protection
US CPI data is likely to show on Wednesday that inflation has peaked and the Federal Reserve must stop interest rate hikes from next month, warned the CEO of a leading independent
The Met Office issued a yellow warning on Wednesday for heavy rain as a low-pressure system moves across the island, with the last snow falling on higher ground. A warning for heavy
Most of the state’s online services returned Wednesday after drying out following a water leak which flooded the basement of the Finance Ministry, knocking out e-governance servers and websites. Talking to state
By Edward Moya US stocks are mixed heading into a pivotal inflation report that should support one more rate hike by the Fed. Tuesday’s headlines didn’t tell Wall Street anything it didn’t
A total of 126 applicants for international protection, originating from Somalia, Afghanistan, Congo, Nigeria and Syria, departed on a chartered flight from Cyprus to Germany to be resettled. The total number of relocated
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at a slower 2.5%, while real GDP growth is expected to pick up the pace next year. In
In February, the monthly seasonally adjusted volume of retail trade increased by 1.6% in Cyprus and 8.3% annually, the highest increase among EU states, according to Eurostat. During the same month, the
By Han Tan, Chief Market Analyst at Exinity Group Markets are set to use the incoming US inflation print to predict the likelihood of a Fed rate hike in May, which investors
