Open University held to cyber ransom

The Open University of Cyprus (OUC) has fallen victim to the notorious Medusa ransomware gang, asking for $100,000 following a cyberattack on the institution’s digital platforms. The gang has stolen personal data

IMF: Cyprus to reduce public debt

Cyprus will maintain a sizeable fiscal and primary surplus keeping public debt on a downward path estimated to drop below the 60% GDP eurozone criteria by 2028, the IMF said. According to

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Fuel tax subsidy halved from May

The government has decided to continue subsidising fuel prices at the pumps by extending a reduction on consumption tax for another two months. The Finance Ministry announced on Wednesday that the government

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