Economy

Paphos airport growth limits fall in Cyprus airport traffic

Cyprus airport traffic showed signs of returning to a more stable course in June, with strong growth at Paphos Airport absorbing part of the...

One million more UK homeowners set to face higher mortgages

More than five million homeowners in the UK are now expected to see their mortgage payments increase by the end of 2028, according to...

Cyprus ranks 4th globally as top destination for millionaires

Cyprus has emerged as one of the world’s leading destinations for high-net-worth relocation, ranking fourth globally and first in Europe for structural attractiveness, according...

Pension increase of up to 50% for low-income pensioners

Low-income pensioners in Cyprus could see increases of up to 50% under the planned pensions reform, according to Labour Minister Marinos Moushiouttas. Speaking on Omega...

EU tells Armenia ‘you can count on us’ as Russia keeps up economic pressure

The European Union pledged an additional €18 million in economic support for Armenia on Thursday and liberalised some export rules for its goods as...