Finance Minister Constantinos Petrides argues the best way to address rising inflation is not by imposing additional taxes but by investing in growth. He also assured Cyprus is not over-exposed to Russia,
Many luxury cars are on Cyprus’ roads on temporary license plates without being registered, with the state losing thousands of euros in registration fees and road tax. According to a Politis daily,
The Eastern Mediterranean route saw arrivals of irregular migrants more than double in January-March, driven by detections of illegal crossings in Cyprus, which rose 302%, said EU border agency Frontex. The first
By Craig Erlam Tuesday was a mixed day that saw European indices slip a little into the red, while Wall Street enjoyed better returns of more than 1%. US equities managed decent
Relations between Cairo and Nicosia are at their best and on an upward trajectory, said Egypt’s Ambassador Amr Hamza. Elaborating on ties between the two countries, the Ambassador told CNA: “The strength
Economic growth in Cyprus will slow to 2.1% in 2022, with inflation spiking at 5.3% due to the impact of the Russian invasion of Ukraine and western sanctions against Russia, the IMF
The cost of building materials in Cyprus continues to rise, while the Central Bank warned the war in Ukraine will only make things worse for the construction industry. According to the Cyprus
Eleven missing unaccompanied migrant children have triggered the concern of the United Nations High Commissioner for Refugees in Cyprus, which urged local authorities to improve living conditions at the camps. In a
By Lukman Otunuga, Senior Research Analyst at FXTM Stocks in Asia traded cautiously on Tuesday, following a negative close on Wall Street overnight as growth concerns, inflation worries and geopolitical tensions hit
Nicosia is satisfied that Russia has refuted reports as ‘untrue’ it is establishing a consulate in the Turkish occupied north of the island. Russian ambassador Stanislav Osadchiy issued a statement denying the
