A price survey of supermarkets confirms what consumers already know, that people must shop around to find the best bargains. Nicosia showed the biggest difference in price range for the same trolley
The pay gap between those working in the public and private sectors is set to grow with top civil servants earning up to €40 an hour. When many Cypriots scrape by on
Extending the waiver of 20% capital- gains tax to all properties sold when proceeds are used to repay problem loans, and to properties sold or relinquished to credit-acquiring companies, will help banks
More than 11,450 people have signed an online petition demanding a ferry link be restored between Cyprus and Greece, but officials argue it’s a financial no-go. The petition is the initiative of
Over 34,000 people from 41 different countries have visited the newly opened Cyprus Casino within the first three weeks of operation. The Cyprus Casinos (C2) opened on June 28 in Limassol, is
By Nikos Christodoulides (Cyprus Foreign Minister) One of the most capturing narratives on Cyprus’s geography is the one provided by US Ambassador Thomas Boyatt, in a presentation at the Foreign Service Institute
An influx of tourists from main market Britain and an upswing from Sweden helped Cyprus mark another record as arrivals in June broke the 500,000 barrier. Despite a 5.1% drop in Russian
The Cyprus Cooperative Bank (CCB) has begun the process of transferring its business to Hellenic, after the government agreed to sell off the struggling Co-op’s assets. Officials from both banks told CNA
Rating agency Moody’s welcomes the sale of Bank of Cyprus’ UK subsidiary for €117 mln as credit positive, with the lender in a better position to focus on reducing its high stock
Monaco Telecom has agreed to buy MTN Cyprus in a cash deal worth €260 mln with the acquisition expected to be completed by September. The MTN Group is Africa’s biggest wireless
