Economy

Christodoulides urges acceleration of gas extraction plans

President Nikos Christodoulides on Wednesday called for an acceleration of Cyprus gas plans after meeting a delegation from US energy giant Chevron, led by...

US fuel prices at highest level since the war began

US fuel prices have climbed to their highest level since the start of the war against Iran on 28 February, according to data released...

Flight and holiday package prices in Cyprus: What’s changed?

The aviation sector in Cyprus remains broadly stable despite ongoing international pressures, according to the Association of Cyprus Travel and Tourism Agents (ACTA). Spokesperson...

Sweden warns of possible jet fuel shortage

The Swedish government has issued a warning over a potential shortage of aviation fuel, citing disruptions in global supply chains linked to the conflict...

Basic pension to rise without affecting Social Insurance Fund

Pension reform in Cyprus aims to increase the basic pension to the highest possible level without undermining the financial stability of the Social Insurance...