Brief cold snap beckons

Winter will pay Cyprus a short visit after the island had one of its driest and warmest Decembers. The Met Office reported the coldest night of this winter, as temperatures on Monday

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Fed pushing back

By Craig Erlam   European stock markets are trading softer on Tuesday following a similar session in much of Asia as invCestors turn more cautious ahead of Thursday’s US inflation data. The commentary

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Can’t buy, unable to rent

Increased mortgage rates have dashed dreams of owning a home, leaving many in a catch-22 situation as rents are rising, exceeding what families pay in monthly instalments for a housing loan. Interest

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Continuing encouragement

By Craig Erlam   The year got off to a promising start last week, buoyed by a goldilocks jobs report that left investors in a good mood going into another interesting period. Last

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Hoteliers nervous about 2023

Tourism stakeholders hope to build on the tourist revival in 2022, although the ongoing COVID pandemic and instability created by the Ukraine war have them on edge for the new season. Hoteliers

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More delays for LNG terminal

Construction of a liquefied natural gas (LNG) terminal at Vassiliko is stuck after a dispute between the government and the consortium implementing Cyprus’ largest energy project. With long delays already under its

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