The EU published a new Directive this month “to promote the use of renewable energy sources by means of reduced VAT rates.” The Directive states: “In order to support the transition towards
Cyprus reported 18 new coronavirus deaths this week, with the number of victims since the pandemic started breaking past the 1,000 mark to 1,006, while daily infections and hospitalisations dropped significantly. The
As port sanctions were implemented on Russian vessels in the EU, Cyprus offers some hope of normalcy to Ukrainian and Russian seafarers who might have seen their bank accounts frozen. With nearly
Cypriots celebrating a traditional Easter feast at home are paying 20% more to put a spread on the table than last year, said the government’s consumers’ protection service. In comments to state
By Craig Erlam Stock markets pushed higher again on Thursday, with the Nasdaq taking part this time after Tesla reported strong figures for the first quarter. The doom and gloom following Netflix
The war in Ukraine and sanctions imposed on Moscow are taking a toll on the Cyprus forestry department that will be deprived of two Russian-owned firefighting helicopters it leases every year. The
Cyprus business seems to have discounted a doom-and-gloom fallout from the war in Ukraine, with economic sentiment for April improving by 2.8 points but still below the level before Russia’s invasion. The
Former volunteerism commissioner Yiannis Yiannaki was officially charged with the alleged forgery of his academic documents, which landed him well-paid jobs in the government. According to reports, Yiannaki has been slapped with
A record number of hotels have joined the state-sponsored staycation scheme starting in May to boost domestic tourism as coronavirus rules are lifted. More four and five-star hotels, apartments and other tourist
The COVID transmission rate in Cyprus has dropped to 0.6%, while the daily number of cases is low and hospital admissions have decreased, said Health Minister Michalis Hadjipantela. He said the improved
