Cypriot dairy producers are excited that Israel has lifted customs duty applicable to various cheese products, paving the way for halloumi to conquer another market. In comments to the Financial Mirror, Chamber
House prices and rents are pushed up by a lack of supply, with real estate analysts proposing that authorities take drastic action to bring new properties onto the market, even by taxing
It’s been business as usual for Cypriot firms exporting goods to the UK in the past two years as they dodged the Brexit bullet. Despite initial concerns, Cypriot exports to the UK
President-elect Nikos Christodoulides will have his hands full trying to keep the peace among social partners, as trade unions are pressing for remedies to incomes under threat. With the restoration of the
Unemployment is rising, with stakeholders in the labour market saying there is a mismatch between vacancies and jobseeker skills, as employers cannot find qualified staff. A recent CyStat survey showed the number
Cyprus is heading into an uncertain 2023, but economists argue the economy can remain resilient, as it has proven in the past. In comments to the Financial Mirror, economist Marios Soupashis said
Cypriots strolled into 2022 hoping to see better days following two years of COVID restrictions; instead, they braved hiking inflation powered by the Ukraine war eating away at their purchasing power. Also,
Retailers are pleased with footfall in the shops recorded in 2022, especially over the holiday season when consumers headed to stores for their Christmas shopping boosted by their thirteenth salary. Talking to
Local election results in the north have signalled that pro-solution powers are alive and kicking, as opposition parties overwhelmingly won the majority of mayorships, analysts said. The social democrat Republican Turkish Party
Cyprus’ real estate sector will stabilise after hitting a record number of sales since 2008, as a growth trend following the pandemic is halted by rising building costs and interest rates. According
