Economy

“Isotita” union seeks tax withholding adjustment

"Isotita" union's Board of Directors has formally requested the Accountant General of the Republic, Andreas Antoniades, to adjust payroll and tax withholding calculations based on...

€979 gross minimum wage starts today – is it enough?

Cyprus minimum wage rises today, January 1, 2026: €979 gross for monthly for new full-time hires (up from €900), €1,088 gross after six months...

Gold and silver prices end year with sharp swings

Gold and silver prices experienced a volatile end to the year, despite being on track for their strongest annual gains since 1979. Gold surged by more...

Cyta energy plans target households, reassures EAC

Cyta energy plans will focus primarily on households and small businesses that currently have limited options, while the organisation insists it does not intend to become...

€12M boost for Strovolos affordable rental homes

An agreement signed today between the Interior Ministry and Cyprus Land Development Organisation (KOAG) allocates additional €12 million funding for constructing 54 two-bedroom apartments...