Economy

Electricity prices set to rise in May, says EAC president

Cyprus Electricity Authority (EAC) President Giorgos Petrou expressed uncertainty over electricity cost fluctuations in the coming months. Speaking at a press conference at the...

Gas prices in Europe sees 35% rise

Energy infrastructure under threat European natural gas prices soared up to 35% on Thursday after new attacks targeted energy infrastructure in the Middle East. The...

Apartment demand fuels Cyprus property prices spike

Apartment prices lead market growth The Cyprus property prices index accelerated in the fourth quarter of 2025, according to the Central Bank of Cyprus (CBC)...

Electricity price hikes expected soon after fuel increases

Petrol and diesel spike Fuel prices in Cyprus have risen sharply over the past week due to the ongoing crisis in the Middle East. The...

Pension reform: New options soon for the 12% “penalty”

Pension reform consultations continue Discussions on Cyprus’ pension reform are ongoing at the Labour Advisory Council, with Minister of Labour and Social Security, Marinos Mousiouttas,...