Economy

How can thousands of households remain trapped in poverty despite the numbers?

Poverty rates remain steadily at sixteen to seventeen percent, while unemployment stands at around five percent. What do the data reveal about the ‘income...

Cyprus fuel prices may rise slightly, association warns

Fuel prices influenced by global markets Christodoulos Christodoulou, spokesperson for the Gas Station Association, spoke on "Mesimeri kai Kati" about current fuel prices in Cyprus....

Cyprus wages increased 4.3% in Q3 2025, Statistical Service reports

Average gross monthly wages of employees in Cyprus increased 4.3% in the third quarter of 2025 compared to the same period in 2024. Preliminary data...

International firm to review cost of Great Sea Interconnector

Greece will hire an external consultant to review the costs of one of the world’s largest submarine electricity cables, connecting mainland Europe with Cyprus,...

Gold prices surge continues above $5,000 for second day

Gold prices remained above the $5,000 mark for a second consecutive day on Tuesday, extending the spectacular rally that began last year and has...