Search

31. How the consumer pocket faces a perfect economic storm

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

32. How much will Christmas dinner cost this year?

The Pancyprian Consumers Association has conducted a comprehensive survey, uncovering the estimated costs of Christmas tables for families in Nicosia....

33. UK and Cyprus to strengthen global collaboration

The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....

34. Michael Kyprianou & Co LLC receives Cyprus Firm of the Year Legal Award at Who’s Who Legal Awards 2023

Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...

35. A deep dive into food waste solutions

A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....

36. Michael Kyprianou & Co scoops prestigious Cyprus firm of the year

Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...

37. UK accused of turning a blind eye to Israel-Palestine war

Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....

38. TechIsland launches MarComms Community

TechIsland, Cyprus’ largest tech association with over 270 members, is set to launch a new professional group, the TechIsland MarComms Community. This initiative is aimed at fortifying the marketing and communications sector in the country’s rapidly evolving tech industry....

39. Government's fuel tax reduction faces 24-hour delay

The government's plan to reduce the consumption tax on fuel is encountering a significant delay, postponing the expected relief for consumers....

40. EU's call for humanitarian ''pauses'' draws attention ahead of UN vote

European Union leaders have stopped short of calling for a ceasefire in Gaza, instead appealing for humanitarian “pauses” to provide aid, as the UN warned its operations were being “paralyzed” by Israel’s bombardment of the besieged enclave....

41. Targeted fuel and heating reductions in government's considerations

The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...

42. How high is too high before tax relief kicks in?

Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....

43. Sheep's surprise attack on medicinal cannabis

A herd of sheep descended upon a partially flooded greenhouse in the vicinity of Almyros, Magnesia, Greece, with a peculiar appetite for medicinal cannabis. ...

44. Essentials get affordable from November 2023

In a significant development, the Greek Tax Department has announced that the Ministerial Council, during its session on September 13, 2023, has given the green light to an official decree that modifies the VAT legislation. ...

45. Retail trickery? Price hikes before zero VAT stun consumers

A recent study by the Cyprus Consumers Association (CCA) has revealed that prices for various essential goods saw artificial increases in the days leading up to the implementation of the zero VAT rate. ...

46. Government cuts interest income rates from 30% to 17%

The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors. ...

47. Reddit's aroma awards for the 20 most odorous countries

In this article, we will take a look at the 20 countries with the worst body odor according to Reddit....

48. UK inflation dips to 17-month low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

49. Understanding price levels in Cyprus and how they compare to the EU average

According to the latest data from Eurostat, the statistical service of the European Union, the price levels for household expenses in Cyprus were 91% of the EU average in 2022....

50. Temporary VAT reduction on essentials estimated at €14.5 million

In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....

51. Why are food prices so high in Europe?

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

52. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

53. Zero VAT on basic daily goods goes into effect

A Council of Ministers decision for a zero VAT rate on a range of basic daily goods such as bread, milk, eggs, children's food, diapers, feminine hygiene products, and adult diapers comes into effect on Friday...

54. 0% VAT on bread, milk, eggs and diapers

The Council of Ministers has approved a Decree during today's session, which imposes a zero VAT rate on the delivery of certain products until October 31, 2023. These products include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, and adult diapers....

55. Higher prices for Easter meat: Lamb sees a 25% increase, beef up by 15%

A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....

56. Cypriots buy more food than needed

A recent report has found that Cypriots have a tendency to purchase more food than they actually need, leading to unnecessary waste and higher expenses...

57. High prices continue to plague the market

58. Frozen fish and flour marked a substantial price increase

Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....

59. 'Buy Nothing Project' gaining ground worldwide

It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...

60. An invisible, 3-D printed superyacht could be a reality by 2030

Superyachts, long considered flashy toys of the uberwealthy, are meant to be seen. But that’s not the case for a new concept vessel by Jozeph Forakis. ...