Cyprus eyes 2024 tourism recovery

Cyprus’ tourism is confident of building on this year’s healthy 175% increase in arrivals compared to a dismal 2020 when the coronavirus pandemic brought the industry to its knees. Presenting the work

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Labour market distortions

Averof Neophytou, the ruling party chair, raised the issue of minimum guaranteed income in parliament earlier this week, which is currently at €500 per month for people who have no source of

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Reduce VAT on rented properties

In recent years residential rents have shown a noticeable increase, especially those in the town centres, with special regard to those close to universities and colleges. Rents are determined in a free

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First phase of electric car scheme on Monday

The first phase of a ‘generous’ incentive scheme worth €30 mln to convince motorists to go electric comes into play on Monday, the Transport Ministry said. Authorities are launching what they term

COVID19: Pressure for more jabs

Long queues have been forming outside COVID-19 vaccination centres across the island all week, as the pressure on the unvaccinated and people who are in line for a booster shot pays off,

Cyclone Carmel on its way

Cyprus is enjoying a sunny spell before bracing itself for cyclone Carmel hitting the island on Saturday night. Cyclone Carmel is expected to batter Cyprus from late-night Saturday through Monday afternoon with

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