ECONOMY Cyprus employers call cost-of-living pay hike unconstitutional Newsroom Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector. READ MORE
PwC Cyprus organizes consecutive leadership events designed to equip family and small businesses with strategic insights and practical tools to foster growth. Press Release 16/06/2025 | BUSINESS
ECB poised for fall rate decision as growth, tariffs, and inflation weigh in Central bank adopts wait-and-see approach as eurozone recovery faces global headwinds. Newsroom 15/06/2025 | BUSINESS
Tehran weighs closing Strait of Hormuz Nearly one-fifth of traded crude passes through the waterway. Newsroom 14/06/2025 | BUSINESS
Oil and gas prices surge after attack on Iran nuclear sites Analysts warn of inflation, supply risks amid escalating tensions. Newsroom 14/06/2025 | BUSINESS
Maspex Romania eyes majority control of Cyprus-based Purcari Wineries Romanian food giant Maspex is moving to buy Purcari Wineries, a Cyprus-based company known for its award-winning wines. 13/06/2025 | BUSINESS
Keravnos takes gratuity tax exemption proposal to cabinet, opposes one-size calculation Finance minister backs tax break but pushes back on uniform gratuity formula. Dorita Yiannakou 12/06/2025 | BUSINESS
New era in vocational training: Lidl Cyprus invests in the new generation Lidl UP: Learn & Work paves the way for young people without experience to become deputy store managers within two years. ... Press Release 12/06/2025 | BUSINESS
e-kalathi goes live as Cyprus’ new price-checking app aims to ease the grocery bill Real-time price comparisons across major supermarkets give consumers a powerful tool to shop smarter and fight inflation. ... Newsroom 12/06/2025 | BUSINESS
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