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1. Cyprus braces for soaring fuel prices

Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....

2. LPG leak unveiled as cause in fast-paced probe

Investigations into the strong explosion that rocked Egkomi on Tuesday night (20/2) are progressing rapidly. ...

3. Christodoulides unveils €60M relief package amid rising prices

In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...

4. Cyprus grapples with impending price increases in appliances

Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...

5. Consumer alerts raised over potential fuel price hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

6. How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

7. Antoniou: ''Expect price hikes in consumer goods by month's end''

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

8. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

9. Spike in transformer thefts plagues Electricity Authority

There has been a surge in incidents involving the theft of equipment and other assets from the electricity distribution network of AHK, with cases of stolen transformers exceeding sixty in recent months....

10. Navigating 'Black Friday': Discounts vs. reality

Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....

11. Sales from the occupied area to the Republic of Cyprus skyrocket

Data, released by the Turkish Cypriot newspaper ''Kibris'' and sourced from the Turkish Cypriot Chamber of Commerce, reveals a remarkable surge in sales of products from the occupied territories to the Republic of Cyprus in 2022....

12. Workplace safety breaches lead to €10,000 fine

The Limassol District Court imposed a total fine of €10,000 on a company for violating workplace safety and health legislation, which put its employees and others at risk. ...

13. ZEUS Signature Collection: Introduction and Announcement

14. New policies create passenger backlash at Limassol Port

On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...

15. Police investigate death in Chloraka apartment fire

A foreign man was found dead in an apartment in Chloraka on Wednesday, after neighbors reported a fire, but a preliminary investigation raised more questions than answers as to the cause of fire or time and manner of death...

16. EU: Increase of hazardous waste disposal since 2004

Despite EU action to reduce its waste output, the amount of hazardous waste generated in the European Union has continued to increase since 2004 according to the findings of a review published by the European Court of Auditors....

17. Fuel prices have dropped, but increases are anticipated

On January 8, 2023, the cost of 95 gasoline was 44 cents less per liter than it was on July 12, when it reached an all-time high of €1.828 per liter....

18. What did Cypriot consumers purchase in 2022?

Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...

19. Cyprus retail sector continues climb despite inflation

Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....

20. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...

21. Amazon announces immediate layoffs of 10,000 workers

Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....

22. Russia facing 8th set of EU sanctions

The Permanent Representatives of the 27 Member States of the European Union reached a political agreement on Wednesday morning, during the regular meeting of COREPER, on the eighth EU sanctions package against Russia, the Czech Presidency of the Council of the EU announced in a tweet....

23. Appliance company fined €30,000 for misleading consumers

Alpan Electroline Ltd. has been fined €30,000 by the Cyprus Consumer Protection Service for misleading sales practices....

24. Subsidies worth €158 million for households and businesses to be doled out in 2022

Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....

25. Black Friday: No comparison to previous years (images)

This year's Black Friday did not compare to previous years in terms of retail sales. The images in stores selling electrical appliances, electronic items and tech products, at least so far, have been disappointing....

26. Government announces a reduction of VAT for vulnerable households

Cabinet Ministers today announced the reduction of VAT charged to electricity bills of vulnerable households. ...

27. Government subsidies to replace electrical appliances in homes

The Ministry of Energy, Trade and Industry is in the process of preparing a Sponsorship Plan for the replacement of electrical appliances in the homes of vulnerable electricity consumers, following and announcement made by Minister Natasa Pilides. ...

28. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

29. COVID-19 to disrupt holiday shopping plans

30. Patients flood A&E department as fears spike over A/C use

Visitation spiked at the Paphos General Hospital A&E department on Monday as the heatwave, coupled with acute fears over coronavirus spreading through air conditioners, left many people falling under vulnerable groups severely affected by the abrupt rise in temperatures....