European companies’ general optimism for 2022 is dented by concerns over affordable access to energy and raw materials and shortages in skilled workers. It said only 33% of Cypriot businesses are more
Cypriots must dig deep into their pockets to pay November electricity bills, as the cost of energy is at its highest since 2012. A 10% discount offered by the Electricity Authority of
Authorities will place signs warning motorists of speed limits and the operation of new traffic cameras being installed in the coming months. A joint announcement by the Transport, Justice and Innovation ministers
Malta is the only EU state left on Cyprus’ COVID-19 safest green travel list after the health authorities demoted Italy to the medium-risk orange and New Zealand. At the same time, Bahrain
Cyprus is among the top partners of France in the Eastern Mediterranean region, Captain Paul Merveilleux Du Vignaux, commanding officer of the French frigate Auvergne, said. He gave a press conference aboard
Cyprus reported no coronavirus-related deaths for the second day in a row on Monday, the sixth day this month with no Covid deaths, while the number of new daily cases more than
Vehicle registrations declined 6% in the first ten months of 2021, but bikes and mopeds recorded significant increases, data released by the Cyprus Statistical Service (CyStat) show. In October alone, the total
Cyprus approved another 390 golden passports applicants after the Citizenship for Investment scheme was scrapped in November 2020, while Brussels’ infringement procedure into the scheme continues. Presenting his ministry’s budget before the
An influx of tourists in September and October, combined with a state-sponsored staycation scheme for Cypriots, have helped hoteliers stay open this winter. In comments to the Financial Mirror, the Director-General of
Since 2012 around 1,900 companies a year have opted to go bankrupt in the past decade; that’s an average of around 160 a month going out of business. Already 1,669 firms have
