Service industry counts ‘war wounds’

Sanctions imposed by the US and UK on Cypriot alleged ‘fixers’ has the services sector fearing their efforts to clear the island’s name from the golden passports scandal are in vain. Cyprus’

Crossing the chasm in Ukraine

A year ago, Russian tanks rolled into Ukraine expecting an easy victory as the Kremlin looked for a morale boost ahead of presidential elections. Moscow had entered Ukraine nearly a decade before,

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Fuel prices at pre-war levels

After reaching an all-time high in the summer, fuel prices at petrol stations have subsided to levels before the war in Ukraine and sanctions on Russia, which catapulted energy costs. Following this

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Economy withstands Ukraine war, energy crisis

Consequences of geopolitical events to the economy and banking sector have been contained, but the second-round effects are unknown, said Cyprus Central Bank governor Constantinos Herodotou. He argued that uncertainty in an

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Cyprus declares war on cars

Transport authorities are declaring war on the car in a bid to solve the traffic gridlock in the capital Nicosia and reduce pollution levels by persuading people to use buses. In comments

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