Economy

Cyprus proposes crypto rules with fines of up to €15 million

Crypto regulation could become stricter under proposed legislation that would strengthen oversight of digital asset businesses and expand the enforcement powers of the Central...

New Temu and Shein charges could raise prices again

The Cyprus Customs Department has recorded a decline in the number of parcels arriving from online shopping platforms such as Temu and Shein following...

Supermarket prices in Cyprus may vary by up to 226% for the same products

Where shoppers buy their groceries can make a substantial difference to their weekly spending, with a Cyprus Consumers Association survey finding price differences of...

Pensions: How much payments could rise under proposed reform

The pension reform could increase monthly pension payments across all income groups, with the largest rises expected for low-income pensioners, according to examples published...

Oil prices near $107 as fuel costs in Cyprus face pressure

Oil prices climbed towards $107 a barrel on Wednesday after fresh attacks on commercial vessels in the Strait of Hormuz and Saudi Arabian energy...