ENERGY New EV grants open, but you’ve only got until October Newsroom Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast. READ MORE
Cyprus approves electricity grid storage projects to boost energy reliability Three major battery storage systems approved to strengthen Cyprus’ electricity grid and support renewable energy integration. ... Newsroom 22/06/2025 | BUSINESS
Chamber of Commerce pushes for overhaul of tax bill to attract global Cypriot talent KEBE urges reforms to “Minds in Cyprus” initiative, calling for degree recognition overhaul and long-term strategy. Newsroom 21/06/2025 | BUSINESS
Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation Rate cuts aim to weaken currency and jump-start economy, but risks remain for savers and banks Newsroom 20/06/2025 | BUSINESS
Two fuel importers raise prices in Cyprus with others expected to follow suit within days Initial hikes follow surge in global oil prices triggered by Iran-Israel conflict. Newsroom / CNA 19/06/2025 | BUSINESS
Cabinet looks to end decades-long debate on multiple pensions Revised retirement bill aims to regulate lump-sum payouts and curb overlapping benefits for state officials. Newsroom 18/06/2025 | BUSINESS
Alpha Bank Cyprus to acquire Astrobank in €200 million deal Deal to expand Alpha Bank Cyprus’ market share and boost profitability as non-performing loans decline. Newsroom 18/06/2025 | BUSINESS
Cyprus salaries rise by 13% over two years, Labour Minister says Median wage nears €1,900 as low-income earners decline by 30%. Newsroom 18/06/2025 | BUSINESS
India’s drone power lands in Cyprus Tech tycoon Alok Sharma plans to turn Cyprus into a drone training hub and export gateway to Europe and the Middle East Newsroom 18/06/2025 | BUSINESS
83 major companies in Cyprus operating without required permits, lawmakers say Environment Committee told industrial giants, including EAC, lack basic approvals, as officials push for another 5-year ... Newsroom 18/06/2025 | BUSINESS
Man loses €17,000 after falling for fake fine payment link Authorities warn public to beware of SMS scams as Paphos police investigate online fraud case. Newsroom 17/06/2025 | BUSINESS
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