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1351. Easter Table: Lamb and Flaounes more expensive

The price of lamb has skyrocketed to an average of 11.5-12 euros per kilo this year, while last year it was 8-8.5 euros per kilo on average. At the same time, the price of another Easter product, flaounes, is also high, specifically 18 euros per kilo on average, while last year it was 14 euros....

1352. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

1353. Cyber gang badgers Cypriot university to cough up $100K

The notorious Medusa ransomware gang is asking for $100,000 from Open University of Cyprus following a cyberattack on the institution’s digital platforms, with data samples already leaked online to prove they are not kidding...

1354. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

1355. 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....

1356. Bookings for Cyprus countryside accommodation rise during Easter holidays

According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....

1357. IMF projects steady GDP growth for Cyprus in 2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

1358. Major fuel companies accused of violating competition law in Cyprus

Today, the Cyprus Association of Petrol and Liquid Fuels Distributors filed a complaint against four major fuel companies: Petrolina, EKO Cyprus, Coral Energy Products Cyprus, and ExxonMobil Cyprus. The complaint accuses these companies of violating the Competition Protection Law of 2022....

1359. Cypriots aren't shying away from trendy Easter getaways

Cypriots seem to have resumed their travels vigorously, with many of our fellow citizens opting for long getaways for the Easter holidays. Speaking to K, Acta's spokesman, Harris Papacharalambous, said that demand is at pre-coronavirus levels for both inbound and outbound travel....

1360. Houses for sale by AstroBank

Ideal as holiday homes, primary residences, or as an investment...

1361. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

1362. AstroBank: Agricultural land for sale across Cyprus

AstroBank has listed for sale agricultural land across Cyprus....

1363. Investors flock to 'green' bonds as a secure investment

1364. Minister of Agriculture announces his four priorities

Minister of Agriculture, Petros Xenophontos, outlined his four priorities for the agriculture sector during an interview on the DIASPORA news show. ...

1365. KEAN shares sold: New owners to bring fresh ideas and investments

In a recent development, the shareholders of KEAN have decided to sell their shares to bbf, a company operating in the field of development projects. ...

1366. Home prices remain high despite recent dip

House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....

1367. Minister of Labor to submit CoLA mediation proposal

Minister of Labour and Social Insurance Yiannis Panayiotou said on Friday he would submit a mediation proposal to the social partners (trade unions and employers) to reach an agreement on the issue of the Cost of Living Allowance (CoLA)....

1368. BP and ADNOC's bold bid for the Leviathan field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

1369. Completion of Project Starlight

1370. Exceptional residential plots available for sale by AstroBank

AstroBank has listed for sale residential plots in various areas of Cyprus like Paralimni, Strovolos and Peyia, that are ideal as an investment or private use....

1371. More Cypriots concerned over country's course, says Eurobarometer

The latest Eurobarometer survey covering the winter period of 2022-2023 has revealed that Cypriots are not satisfied with their country's democratic system, with 52% expressing dissatisfaction as opposed to the EU average of 41%....

1372. Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

1373. Europe's largest economy paralyzed over strikes

Airports and bus and train stations across Germany were at a standstill on Monday, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation....

1374. 'Mansion tax' introduced to help homeless Californians

Some of the biggest names in Hollywood are rushing to sell their multi-million-dollar houses in Los Angeles before a new “mansion tax” kicks in on April 1....

1375. Real estate investment opportunities by AstroBank

Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...

1376. Tax evaders beware of what you post on social media

According to a report in the Sunday edition of realnews.gr, the Greek Government plans to identify hidden income earned by individuals and companies that conduct business online. ...

1377. CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....

1378. Americans traveling to Europe for cheaper Beyonce tickets

American fans are booking trips to Europe to go see Beyonce, as the price of tickets to attend her performance is exponentially higher in the United States....

1379. Slight increase in fuel prices

A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...

1380. Many Cypriots are climate-aware and ready to fight

According to the European Investment Bank's (EIB) annual Climate Survey, 83% of Cypriots under 30 consider the environmental impact of their future job to be a significant factor in their career choice, while 25% consider it a top priority....