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391. Op-ed: Inflation welcomes 'Generation Z'

Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....

392. 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....

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

394. 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....

395. 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. ...

396. 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....

397. 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....

398. 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....

399. 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. ...

400. 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....

401. 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....

402. 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...

403. 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....

404. 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....

405. 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....

406. 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....

407. 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....

408. 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....

409. Water wars see light of day as Chloraka deadline expires

Syrian refugees at Chloraka’s controversial studio complex under orders to shut down are calling on authorities to reconnect water supply until a court of law resolves a financial dispute between the local council and the owners, who say cuts on the property have been going on for years...

410. What's left for the Turkish Cypriot economy after 2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

411. Christmas on borrowed cash for many

One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....

412. Financial turmoil hits Turkish Cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

413. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

414. Parliamentary Committee report on state budget 2022 sees significant uncertainties due to pandemic

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....

415. Alphamega Hypermarkets launches new store in Trimiklini

Alphamega Hypermarkets is adding another hypermarket to its network....

416. Mammoth 1.3 Billion euro fine to Amazon

Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe....

417. 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....

418. Reduction of electricity VAT from 19% to 9%

Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...

419. Self rapid tests enter debate again in Cyprus

At-home Covid rapid tests could soon be widely available to consumers in the Republic of Cyprus, but a local expert says self-swabbing should only be offered to people who are vaccinated...

420. The association of retail companies requests exemptions to CovScan

Following the ruckus in retail businesses during the first days of the CovScan check, companies continue to document problematic issues arising from the verification requirement. ...