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1. Serious allegations regarding fuel prices and black market of photovoltaic systems

Marios Drousiotis highlighted an official admission from the Ministry of Energy, Commerce, and Industry confirming consumers' long-standing complaints about human error affecting fuel price monitoring, resulting in inflated prices....

2. Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market

President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....

3. TOYOTA - Statement on Takata Airbag Recalls

4. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

5. Concerns raised over unlabelled products containing controlled substances

The CNAA has issued a warning regarding the circulation of products containing controlled substances....

6. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

7. Car distributors exploiting drivers with fees on airbag recalls

Lawmakers are taking aim at two car distributors accused of charging administrative fees for replacing recalled airbags, calling the practice ''obscene'' and ''exploitative.''...

8. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

9. EU warns of strong response to possible US tariffs

The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....

10. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...

11. New EU directive to shake up electricity pricing in Cyprus

12. Cyprus Central Bank sets interest rate limits to protect consumers

The Central Bank of Cyprus (CBC) has announced that the official reference interest rate will be set at 11.50%. This means that banks and other lenders in Cyprus must not charge higher rates than this when offering loans, extending payment terms, or renewing loans. ...

13. Limassol soars, bananas bend, and ambulances demand more car crashes

The mayor of Limassol has expressed concerns over the ''Pay As You Throw'' program. Oh, for heaven’s sake. Personally, I believe Limassolians should pay double what everyone else pays—and without complaints. ...

14. Cypriots losing confidence in solar energy amid frequent shutdowns

In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...

15. Alphamega Hypermarkets expands its presence with new store in Mandria, Paphos

Alphamega Hypermarkets has expanded its presence in the Paphos District, by opening a new store in Mandria. The new Alphamega Hypermarket, located in the premises of the former Papamichael hypermarket, opened its doors for the first time today....

16. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

17. Depositors affected by 2013 banking crisis to be compensated in May

Cypriots who lost their savings during the 2013 banking crisis will finally begin receiving compensation this May, according to Finance Minister Makis Keravnos. ...

18. Cyprus to begin installing smart meters in February

Starting on February 1st, the Electricity Authority of Cyprus (EAC) will begin installing smart meters in homes and businesses across the island....

19. President's banking measures spark surge in first-home loans

President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....

20. Cyprus, Greece, and Egypt team up to boost business opportunities

Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...

21. Authorities warn of dangerous products in the European market (links included)

Dangerous products and items containing hazardous chemicals have been identified in the European market, according to an announcement by the Labour Inspection Department of the Ministry of Labour and Social Security....

22. Cyprus aims for cheaper electricity with competitive market by 2025

The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...

23. A little extra for everyone as pensions get a new year's boost

The Council of Ministers has approved an increase in pensions from the Social Insurance Fund (TKA) starting in January 2025....

24. Walmart’s $100 Birkin dupe sparks debate and raises eyebrows

Walmart has caused a stir in the fashion world by offering a knockoff of the renowned Hermès Birkin bag, priced between $78 and $100—far less than the luxury version, which typically starts at $10,000...

25. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

26. Golden cucumbers: Prices soar by 201%

Substantial price hikes are being observed for fresh meat, Christmas treats, and especially vegetables in the lead-up to the Christmas season, according to the Christmas 2024 Price Watch....

27. Consumer Service: Price reductions in 39 product categories

The Consumer Protection Service announces the Consumer Product Price Observatory for November 2024....

28. Cablenet welcomes Velisarios Masouras as Chief Financial Officer

Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....

29. Concerns from the EIB regarding the electric cable project

Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....

30. Tariffs, reforms, and rate cuts: 2025’s economic balancing act

As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....