Economy

Louis plc losses reach €18.7m, reflecting weaker tourism

Louis plc’s net loss widened significantly in the first half of 2026, with the hotel and tourism group blaming weaker tourist traffic to Cyprus...

Eurostat: Diesel prices rise 11.3% and petrol 6.2% in Cyprus

Fuel prices recorded a significant increase in August 2026, with diesel prices rising by 11.3% and petrol prices by 6.2% compared with July, according...

Europe heads into winter with low gas stocks and price pressures

Europe is heading towards winter with European gas stocks at unusually low levels, raising concerns over supplies and the potential for higher prices, according...

Cyprus job market shows strong appetite for change

Cyprus employers are recruiting in a market where talent may already have a job, yet remains highly open to moving. That is the clearest...

€820m pension reform bill to reach Parliament by end of September

The pension reform bill is expected to be submitted to the House of Representatives by the end of September, Labour and Social Insurance Minister...