ENERGY Bloc faces pressure to refill reserves as phased restrictions on Russian energy approach. Photo credit: Unsplash EU increases Russian LNG imports despite looming energy ban Newsroom The European Union has significantly increased its reliance on liquefied natural gas (LNG) from Russia in early 2026, despite its stated goal of phasing out all Russian gas imports within the next two years. READ MORE
NewMed Energy signs deal to export 100 BCM from Cyprus’s Aphrodite field to Egypt Long-term agreement could last 15 years with option for extension as project nears final investment decision. Newsroom 10/04/2026 | BUSINESS
Oil prices drop, but drivers aren’t seeing relief at the pump Damage to Gulf energy infrastructure continues to restrict supply and delay recovery. Newsroom 09/04/2026 | BUSINESS
Most households in Cyprus say they’re struggling to get by About two-thirds of households report financial strain, with many just managing to cover basic expenses. Newsroom 08/04/2026 | BUSINESS
EU faces €459 billion budget gap while member states clash over spending priorities Commission warns of a ''fiscal trilemma'' forcing trade-offs between defense and debt repayment. Pavlos Xanthoulis 08/04/2026 | BUSINESS
New law allows unlicensed leisure venues to become legal New law allows qualifying businesses to secure permits while introducing stricter safety and compliance requirements. Newsroom 07/04/2026 | BUSINESS
Fuel subsidy falls short at the pump, consumer group says Monitoring shows many stations did not apply the full 8.33 cent per liter reduction. Newsroom 06/04/2026 | BUSINESS
Inflation picks up in March as price pressures intensify Annual rate reaches 1.2% as Middle East tensions continue to impact costs. Newsroom 03/04/2026 | BUSINESS
Investors face new approval process under Cyprus FDI law Government oversight introduced for select foreign deals starting April 2. Newsroom 31/03/2026 | BUSINESS
Excellence in Tourism: Cap St Georges Hotel & Resort Honored with the British Airways Holidays Customer Excellence Award 2025 Guests evaluated their stays across key criteria including location, service, cleanliness, and sleep quality, providing ... Press Release 31/03/2026 | BUSINESS
