With policies and actions, the government is supporting the fisheries sector and the prospects of blue growth, such as the €11 mln Liopetri fishing shelter upgrade, said President Nicos Anastasiades. He laid
The Cyprus Economy and Competitiveness Council (Ecompet) outlined medium-term and long-term proposals to tackle inflation via innovation investment. The Council said that due to the seriousness of inflation, it established a committee
The Finance Ministry seek to push the thorny issue of finding a compromise on reduced VAT for first homes to the next government after the European Commission’s latest warning against Cyprus over
Cypriots’ trust in government reached rock bottom during the pandemic, as they were disappointed with authorities’ response to coronavirus. According to Eurofound’s latest survey, public trust towards the government during the pandemic
The government welcomed parliament approving the 2023 state budget, the last tabled by the 10-year administration of outgoing President Nicos Anastasiades. The President extended his gratitude to most parliamentary parties for voting
Finance Minister Constantinos Petrides made a bold declaration this week, telling investors that Cyprus can be a financial hub in the eastern Mediterranean and very soon become a ‘triple A’ economy. But
Cyprus Electricity Authority staff staging a 12 hour-strike Wednesday were accused of exploiting the pre-election period at the public’s expense. Trade unions are protesting the government’s “unwillingness to hire the necessary staff
The government will intervene to keep a lid on the price of essential goods amid rising inflation, which is driving the cost-of-living crisis. The cabinet has greenlighted a bill that will oblige
Earlier in the week, President Anastasiades almost admitted he had made mistakes during his 10-year tenure but said his reforms would stand the test of time. He didn’t ponder his political misdemeanours,
Government efforts to protect the rights of the LGBTQ+ group have gone from words to deeds, argued Justice Minister Stephie Dracou at the 8th Pride Parade in Nicosia. She said the Cabinet
