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601. Price of eggs in Cyprus up by 23%

According to data released by Eurostat, food prices have significantly risen in 2022....

602. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

603. Consumers cutting back on non-essential items as cost of living rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

604. 'Energy prices in Cyprus must decrease,' says Minister

"We want consumers to be able to open their electricity bills without fear," said newly appointed Energy Minister George Papanastasiou....

605. Bad luck can't always be held responsible

“It was an unfortunate moment,” the stationmaster in the deadly train crash is said to have claimed. How many times has the inadequacy and failure of the broader Greek state mechanism been hidden behind such phrases? Sometimes it is blamed on “bad luck,” at others, it is dismissed with “That’s Greece.”...

606. Toblerone forced to change logo due to its un-'Swissness'

The most famous mountain in Switzerland is no longer appropriate for Toblerone to use on its packaging. Due to its decision to relocate a portion of its production to the Slovakian capital, Bratislava, this year, US company Mondelez, ...

607. The who's who of the Christodoulides government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

608. COVID origin debate back in the news

A new classified report in the United States says COVID-19 was probably the result of a laboratory leak, fueling further debate on the origins of the pandemic as a House subcommittee prepares to tackle the issue that has divided the world politically and scientifically...

609. Get ready to see lots of kites today this Green Monday

In the Greek Orthodox Church, Kathara Deftera (Clean Monday) is the first day of Great Lent....

610. Electricity subsidies extended for another two months

The Council of Ministers, which convened on Wednesday for the last time under outgoing President of the Republic Nicos Anastasiades, approved the extension of a subsidy for the cost of electricity consumption as well as reduced excise for specific products....

611. Fruits and vegetables being rationed in Britain

Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....

612. Building materials at their highest since 1986

The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to data published by the Statistical Service on Friday....

613. Lidl Cyprus proceeds with raises and benefits amounting up to €900,000 for its 700 employees

It proves in practice, once again, its dedication and continuous investment in its people....

614. Plans to upgrade hotels in the mountains and countryside are underway

615. Frozen fish and flour marked a substantial price increase

Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....

616. Australian government removes Chinese-made surveillance cameras

Australia's defense department will strip its buildings of Chinese-made security cameras to ensure they are "completely secure", the government said on Thursday....

617. 'Buy Nothing Project' gaining ground worldwide

It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...

618. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

619. Alpha Bank Cyprus Ltd: Mr. Miltos Michaelas as new CEO

The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....

620. Anastasiades inaugurates gas terminal in Vasiliko

Today marks a historic milestone for the Larnaka region, President Nicos Anastasiades said, during the inauguration of the gas terminal of the VLPG consortium in the Vasiliko area....

621. Petrol sales down by 7.5% in December 2022

Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....

622. Terracotta roof tiles that act as invisible solar panels

In the historic Italian city of Vicenza, Veneto, a typically-Italian family business of artisans is handmaking not-so-typical solar panels....

623. Cyprus appeals use of BBQLOUMI and GRILLOUMI

The General Court of the European Union is expected to decide in April or May on two appeals submitted by the Foundation for the Protection of the Traditional Cheese named Halloumi against the use of word marks BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden, according to a press release by the Luxembourg-based Court of the EU....

624. PEGA's amendment games

The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...

625. No more Fridays. 4-day work week on the rise

The results are in: It's time for your company to stop working on Fridays (or Mondays)....

626. Google cutting 12,000 jobs

Google's parent Alphabet Inc said on Friday it is cutting about 12,000 jobs, or 6% of its workforce, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI)....

627. Construction materials at their highest costs in 2022

Construction material prices historically reached their highest level in 2022, surpassing the previous record set in 2021, with prices increasing by more than 11% year on year in December alone....

628. EU: Increase of hazardous waste disposal since 2004

Despite EU action to reduce its waste output, the amount of hazardous waste generated in the European Union has continued to increase since 2004 according to the findings of a review published by the European Court of Auditors....

629. January Newsletter of K. Treppides & Co Ltd

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

630. Ten hotels in Cyprus, Malta, and Greece replace single-use plastics

Ten tourist accommodations in Cyprus, Greece, and Malta participated in a pilot project that saw the implementation of these solutions....