Economy

Prometheus LNG vessel costs Cyprus €345,000 monthly

Cyprus
Cyprus cannot currently lease out the Prometheus LNG vessel to a foreign company, despite international interest in its temporary use, as specific technical and...

TechIsland welcomes revised registration framework for foreign companies in Cyprus

Cyprus
TechIsland has welcomed the Council of Ministers' decision to revise the registration framework for foreign companies in Cyprus, saying the changes will support businesses...

Tax cuts: How much can you save on food and fuel?

Cyprus
Tax cuts on essential goods, fuel and electricity are in force to help households cope with the rising cost of living. The measures affect...

Inflation in Cyprus rises to 4.4% in October 2026

Cyprus
Inflation rose to 4.4% in October 2026, with the Consumer Price Index increasing by 1.12% compared with September, according to figures released on Thursday...

Fuel tax cut may be extended until March 2027

Cyprus
Finance Minister Makis Keravnos is expected to ask the Cabinet to extend the fuel tax cut on petrol and diesel, potentially until March 2027,...
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