UK expat retirees on the island have seen their purchasing power dwindle by hiking inflation and energy costs and the slump in the British pound eating away at their pension. The pound
Cyprus will not be seriously affected by an energy supply crunch tied to the war in Ukraine threatening to cause widespread blackouts across the European Union this winter, say analysts. Nevertheless, as
Greek and Turkish Cypriots must set aside their differences and find a solution to the Cyprus problem sooner rather than later, as bigger challenges threaten the island’s existence. Intervening at the Cyprus
The uncertainty over future relations between the European Union and Russia has taken its toll on Cyprus shipping, as sanctions have forced some companies to remove the Cypriot flag from their vessels.
International creditors will arrive in Cyprus on Monday in a routine post-memorandum check, ensuring the government’s fiscal strategy is not derailed by COVID and the effects of the war in Ukraine. The
A growing number of Turkish Cypriots are leaving the island, as the worsening economic situation in the Turkey-occupied north combined with a standstill in peace negotiations has crushed hopes of a brighter
The abrupt increase in the cost of living is becoming unbearable for an ever-growing number of Cypriot families, who are turning to charitable organisations to meet their basic needs. Limassol-based charity Yellow
A Cypriot start-up is going global, as its idea for an all-in-one pet care application is set to take the animal-loving community by storm. Nicosia-based 11Pets has attracted funding to take its
This weekend is consumers’ last chance to buy halloumi at discounted prices at supermarkets, as dairy producers offload their last batches of the squeaky cheese that do not comply with the EU
Cypriot consumers will have to get used to living with high energy costs for the foreseeable future as failure to decarbonise the economy has authorities paying tens of millions of euros for
