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1021. Bitcoin for payments a distant dream as usage dries up

1022. Hellenic Bank’s Economic Review

1023. Utilities, housing push inflation to 1.9%

1024. Defence minister rolls out reforms

Exam grades will no longer be a factor in promoting military commissioned officers, while reservists will have more flexibility to show up for training according to upcoming changes...

1025. Economic growth in Cyprus remains strong

1026. US reimposes oil and financial sanctions against Iran

1027. Cyprus solar power production on the rise

1028. Flying to Athens now costs more than €300

1029. Fitch Ratings upgrades Cyprus to investment grade

1030. Exxon Mobil is placing big bets on China’s soaring liquefied natural gas demand

1031. Fork Food Market is back

1032. Airbnb complies with EU demands

Airbnb online platform has complied with EU demands aimed at curbing anti-competitive practices, following pressure and hefty fines handed down to a number of companies...

1033. More Turkish Cypriots seek higher wages in the south

Reports in the northern part of the island show the devaluation of the Turkish lira and higher wages in the south are driving more Turkish Cypriots to seek employment in the Republic of Cyprus...

1034. Latest inflation figures point up

Inflation is on the rise in Cyprus amid hikes in fuel prices with the annual rate reaching 2.5% last month, almost one percentage point compared to last year until August...

1035. Limassol wine festival draws young and old

Visitors and wine enthusiasts all over Cyprus have a unique opportunity each year to enjoy the nectar of the gods for free just like ancient Greeks, and this year Limassol’s Wine Festival runs through Sunday...

1036. Legal department terminates Agusta helicopter probe

The Legal Services department is closing the case of the controversial purchase of Agusta helicopters, saying investigators did not find evidence of wrongdoing...

1037. Cyprus puts team together to save gas deal

The Cyprus government is willing to renegotiate terms with an energy consortium, following concerns on the part of companies that worry new developments and low gas prices would render a current deal not profitable...

1038. Price caps on gasoline in some islands expected

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter....

1039. Eight hotel bars that stand out

Wiz recommends these 8 hotel bars, which promise both wild parties and relaxed summer nights out, perfect for enjoying a drink or cocktail...

1040. Defence ministry dismisses kickback allegations

The defence ministry is dismissing allegations of money squandering, accusing a former state auditor of rehashing an old story in connection with kickbacks worth €5 million...

1041. Dherynia mayor appalled at checkpoint backlash

Dherynia Mayor Andreas Karayiannis says his constituents are appalled at groups and politicians protesting against the opening of a checkpoint in their area, despite delays making the crossing an unlikely scenario this summer...

1042. EU warns Airbnb over unfair practices

Cyprus hoteliers got a helping hand this week in their fight for more restrictions on Airbnb, following a European Union warning to the American platform to improve its practices or face action by national consumer agencies...

1043. Cypriot drug companies accused of price gouging

A patients advocate group is accusing pharmaceutical agents of jacking up prices of non-prescription medication to cover their losses following mandatory price drops in certain prescribed medicines...

1044. Customs boost petrol inspections from the north

The Customs Department says it will intensify inspections at crossing points to crack down on gasoline bought in the north of the island, warning that officials could confiscate containers and even impound vehicles if there is a law violation...

1045. Greek Cypriot drivers cross north to fill ’er up

Greek Cypriot gas station owners are feeling the squeeze as many vehicle owners cross north to get petrol, causing up to 70% losses in the south...

1046. Annual insurance cost climbs for saloon cars crossing north

Saloon car owners in the south who buy annual car insurance to drive north will have to pay a higher price starting Tuesday, following a decision by Turkish Cypriot officials...

1047. Out-of-towner enters Nicosia competition

Papantoniou Supermarkets is getting ready to set up shop in the middle of a tough competitive market in western Nicosia, where other giants also stake a claim, but there are still some permit hurdles for the out-of-town family...

1048. Passport scheme could bring ‘Dutch disease’ to Cyprus

The Fiscal Council is warning that the passports-for-cash scheme could mean that some sectors of the economy could suffer while others grow, a phenomenon known as the Dutch disease...

1049. Opposition parties walk out of Novartis debate

Lawmakers of the opposition walked out of a parliamentary debate on Friday ahead of a vote on whether to request the prosecution of 10 prominent politicians named in a bribery scandal involving Swiss drugs manufacturer Novartis....

1050. Lidl fined €80,000 for false advertising

Cypriot authorities fined Lidl supermarkets €80,000 for misleading advertising, citing unfair commercial practices following complaints submitted by consumers...