Cypriot families find it impossible to squirrel away any savings as they grapple with hefty loan payments and sky-high interest rates as household deposits decline for a fourth month. According to the
Supermarkets oppose the government’s latest intervention to control prices of essential goods amid rising inflation, which is driving the cost-of-living crisis. The Cabinet on Tuesday had greenlighted a bill that obliges supermarkets
Potentially 4,000 households will benefit from the Mortgage to Rent scheme, the government’s latest lifeline for distressed borrowers to help them keep their homes, according to a Finance Ministry official. In comments
The spectre of energy poverty looms large for many Cypriot families, as economists estimate that one in four households are at risk, even the traditionally safe middle class. With electricity bills inflated
Thousands of Cypriot households are on the verge of falling into energy poverty as they cannot pay their rising electricity bills, leaving them in the dark as the supply is cut off.
Cyprus ranks in the top 10 on a list of civilian gun ownership countries compiled by the Small Arms Survey, as one out of three Cypriot households has a firearm. The Swiss
The Cabinet decided to reduce VAT to 5% from 19% on Electricity Authority of Cyprus (EAC) bills for low-income households to mitigate the burden of energy price hikes. Energy Minister Natasa Pilides
Banks expect to enforce stricter lending criteria for households but not for COVID-affected businesses while preparing for increased demand for loans in all categories. This is according to the Central Bank of
Ιnternet access in Cyprus households increased to 92.8% from 89.6% in 2019, according to official data released Friday. According to the survey on information and communication technologies, 90.5% of people aged 16-74
Household gatherings in Larnaca will be limited to 10 people from Thursday as authorities try to stem the spread of coronavirus in the island’s number one COVID hotspot. Larnaca will come under
