Economy

Construction material prices rise in Cyprus

Construction material prices in Cyprus rose by 3.74% in September 2026 compared with the same month last year, with metal products recording the steepest...

Sterling hits 17-month high against euro

The pound sterling hit a 17-month high against the euro on Monday as political unrest in France and rising energy prices weighed on the...

Zero VAT in Cyprus delivers smaller price cuts than expected

The zero VAT measure has come under criticism after the Cyprus Consumers Association reported that prices fell by an average of just 3.76% on...

2027 Budget: 837 additional positions in education and the Legal Service

The 2027 State Budget provides for increases and reductions in public sector positions, with changes across ministries, government departments and public services. The most significant...

Cyprus’ climate poverty risk could reach 49%, study warns

Climate change could push almost one in two households in Cyprus into poverty risk in the coming decades, according to a new study warning...