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481. Consumers to buy directly from automaker, not from dealer

Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....

482. Inflation hits historic high in Cyprus reaching 7.1% in March

Inflation in Cyprus soared to 7.1% in March 2022, continuing its upward trend for the twelfth consecutive month....

483. Op-ed: The fall of the US Republic

Sometimes I am not sure if I became a historian because I am pessimistic by nature, or if I became pessimistic because I am a historian....

484. K. Treppides & Co Ltd: Cryptocurrency: The requirement of a firm to service the local market trading in cryptocurrency

485. Lagarde: Cyprus will be affected by inflation and rising energy costs

Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....

486. Cablenet, reports Double-Digit Growth for 2021

During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...

487. Ten more years of roaming without additional fees

The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....

488. Cyprus produced 543,000 tons of solid waste in 2020

Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....

489. Op-ed: 'Only a leap in consciousness will end human slavery'

With the number of women and children fleeing the war in Ukraine, experts say that many of them may become victims of trafficking given their vulnerability. This article is even more relevant today and attempts to present the attitudes that have enabled human slavery throughout history, and the solution to eradicate this crime across the globe....

490. Consulco hosted the digital event ''UK Economy and Real Estate Outlook''

Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...

491. Agricultural Minister to farmers: 'Don't panic'

Support measures for farmers at EU level are expected soon, Agriculture Minister Costas Kadis said on Thursday urging farmers not to panic....

492. Energy Minister expects developments on Cyprus' confirmed gas deposits

Cyprus’ Minister of Energy, Trade and Industry Natasa Pilides has told CNA she expects developments soon regarding the exploitation of Cypriot natural gas fields, given the large increase in natural gas prices internationally....

493. Finance Ministry increases 2022 inflation estimate to 4%

The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....

494. Up to 10 cents more for oil and gas from today

An increase in the price of fuel is expected to begin today. The deputy director of the Consumer Protection Service, Antonis Ioannou, told Kathimerini...

495. Cyprus scraps safe pass in supermarkets

Consumers in the Republic of Cyprus no longer have to use a Safe Pass to enter supermarkets and other shops selling necessity goods, after the health ministry adopted categories of high, medium, and low risk venues...

496. Europe wholesale gas prices surge to record on Russia supply fears

Wholesale gas prices in Europe have surged above €200 a megawatt-hour for the first time as big consumers fret about supplies from Russia....

497. Versailles summit: Difference of views on Ukraine's accession, Eurobond

VERSAILLES - RESPONSE. Resistance within the EU is strong against new excesses to deal with the multifaceted crisis that erupted with the Russian invasion of Ukraine. ...

498. Alphamega Hypermarkets: Free delivery for online orders

Alphamega Hypermarkets is celebrating the one-year anniversary of its e-shop by offering one month of free delivery on all online orders....

499. Ukraine - Multinational companies suspend their operations in wake of Russian inavsion

One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....

500. Russian Ambassador to Cyprus, Stanislav Osadchiy, discusses Russia's plans in Ukraine

Russia`s plans do not include the occupation of Ukrainian territories, but the protection of civilians and Russian citizens in Donetsk and Luhansk, Russian Ambassador to Cyprus Stanislav Osadchiy said in a statement to CNA on Thursday....

501. Cost of consumer goods and services climbs to the highest level in the last thirteen years

Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....

502. PEO concerned about increase in fuel and basic consumer products

The Pancyprian Federation of Labor (PEO) has expressed its concern about the continuous upward trend in fuel prices, which, as it notes, "will add to the cost of basic consumer products"....

503. Inflation in Cyprus spikes to an annual 5.4% in January

January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....

504. Interest rates on corporate deposits are at a new low

Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....

505. Plastics clampdown is key to climate change fight, EU environment chief says

Progressive reduction of fossil fuel-based plastics is crucial to tackling climate change, the EU’s top environmental official said, ahead of a United Nations meeting to launch talks on a world-first treaty to combat plastic pollution....

506. Billionaire Mark Cuban opens online pharmacy to provide affordable generic drugs

Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....

507. EuroAsia secures EU funds for Cyprus but Israel left out

Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...

508. Cypriot exports to the UK were not affected despite Brexit

Despite the significant decrease in imports from the United Kingdom as a result of Brexit, Cypriot exports, mainly of dairy products, have remained at the same levels,...

509. The Cypriot electricity market is opening

Cypriot President Nicos Anastasiades is satisfied with the timetable as regards the opening of the competitive electricity market, set to launch in the fall of 2022, according to a written statement by deputy government spokesperson Niovi Parisinou....

510. Modernization of EAC and more independent energy providers, says Anastasiades

Cyprus President Nicos Anastasiades said on Thursday that the government will provide all necessary tools to allow the Electricity Authority of Cyprus (EAC) to modernize its operation, as well as to encourage even more independent energy providers to operate in the Cypriot market....