Economy
Economy
RIK employees to strike
In a one-hour work stoppage, employees at RIK will walk out from 13:30 to 14:30, protesting the non-payment of...
Economy
Government announces five measures targeting inflation
The Ministerial Council has decided on five measures against inflation due to the rising cost of living.
The package of...
Economy
President: Inflation measures to be both horizontal and targeted
The priority of the Government is to improve the daily lives of citizens, stated the President of the Republic,...
Economy
TIMELINE-History of Japan’s intervention in currency markets
Here is a timeline of moves in foreign exchange markets by the Bank of Japan (BOJ).
March 27, 2024 -...
Economy
€3.6 million park project to boost Ayia Napa’s tourism offering
A multifunctional park, which will include spiral pedestrian walkways, a lake, a botanical garden, and panoramic sea views, is...
Economy
Labour ministry faces pressure ahead of meeting on foreign workers
The trade unions have started signalling to the Government and the Ministry of Labour about significant decisions regarding the...
Economy
Targeted support considered for rising fuel costs
The reactions from citizens and political pressures regarding the increase in fuel prices starting Monday have led the government...
Economy
Economic sentiment declines for second consecutive month
For the second consecutive month, economic sentiment in Cyprus decreased in March, with the Economic Sentiment Indicator (ESI) moving...
Economy
Petrol sales rise in February
In February 2024, the total sales of petroleum products reached 115,421 tonnes, marking an increase of 7.1% compared to...
Economy
European commission highlights Cyprus’s economic growth
According to the European Commission's report on the Cypriot economy, the observed economic growth and reduction in inflation place...
Economy
Government considers new support measures for vulnerable groups
The Government is considering new targeted support measures for vulnerable groups due to the termination of the horizontal reduction...
Economy
Larnaca plans major investments for coastal area
Another significant step has been taken for the development of the coastal area from which the oil and gas...
Economy
Cocoa prices continue to rise
Cocoa continued its upward trajectory – with gains exceeding $700 per tonne in just one day and surpassing $9,000...