Search

31. Prices drop for most basic goods, but fresh produce keep climbing

Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....

32. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

33. Buying direct can save you nearly 40% on fresh fruits and vegetables

If you're looking to cut your grocery bill, skipping the middleman and buying directly from local producers might be your best bet. ...

34. Cyprus sees investment boom as foreign companies flock to the island

The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....

35. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

36. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

37. Prices of everyday essentials surge in January

Consumers felt the pinch in January as the prices of 26 staple products rose, with 11 categories jumping by more than 3%, according to the latest Consumer Product Price Watch. ...

38. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

39. 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....

40. Rate hikes got you down? Bank of Cyprus has €2 Million (with strings attached)

Bank of Cyprus, perhaps feeling a twinge of sympathy for mortgage holders grappling with those pesky European Central Bank interest rate hikes, has unveiled a €2 million rewards program....

41. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

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

43. Cyprus keeps it cozy with rainy days and snowy peaks

Good morning! It’s Thursday, January 23, 2025, and it looks like Cyprus is still soaking in the remnants of that mild low pressure. Grab your umbrella because those rains from yesterday are sticking around....

44. 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....

45. Heading to the Greek islands? Ferry prices are going up

If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...

46. Clear skies ahead with a hint of winter chill

Good morning! Here’s your weather update for Tuesday, January 14, 2025, with a touch of sunshine for your day....

47. December Newsletter of K. Treppides & Co Ltd - 27/12/2024

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

48. IKEA furniture is now worth a small fortune – here’s why

We all know IKEA for its affordable, no-frills furniture: $1 storage bins, $10 desks, you name it. But what if I told you that some of their vintage pieces are now selling for way more than you’d ever imagine?...

49. A winter swim in honor of 'Little Heroes'

For the 8th consecutive year, participants and attendees gathered on Limassol beach this morning to send a powerful message of support and optimism during the event "Swimming with the OYK for our Little Heroes."...

50. 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....

51. Cyprus MPs vote on major bills, including tax hikes and baby bonuses

The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....

52. Sunshine, clouds, and a dash of weekend drama

Happy Friday! Whether you’re planning a cozy evening, a hike, or just excited to kick back after a long week, here's what Mother Nature has in store for you today and beyond. ...

53. Potato prices skyrocket sparking long lines in occupied areas

Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...

54. France's government falls in historic no-confidence vote

France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....

55. Larnaca Marina boat owners plan protest over docking fees

Boat owners at Larnaca Marina are gearing up for a protest to voice their frustration over rising mooring fees. ...

56. November Newsletter of K. Treppides & Co Ltd - 28/11/2024

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

57. Trump plans massive tariffs on imports from Mexico, Canada, and China

In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...

58. Rising food prices leave Cypriot households struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

59. 50 million luxury shoppers pull back as market slows

For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....

60. Sleigh it ain’t so! Cyprus’ christmas villages are back!

If there’s one thing Cyprus knows how to do, it’s sprinkle a little extra holiday magic on everything. This year, eight traditional villages and towns are donning their holiday best, rolling out the welcome mat, ...