Economy

Diesel prices top €2 a litre in Cyprus

Cyprus
Fuel prices have surged, with diesel breaking the €2 per litre mark on the morning of September 21. According to the Ministry of Commerce’s Fuel...

Europe faces jet fuel shortage, turns to South Korea for supplies

Economy
Europe is facing a significant jet fuel shortage ahead of the final quarter of 2026, prompting buyers to seek supplies from as far away...

Tax reform revenues rise 5.7% to €4.47bn

Cyprus
State tax receipts reached €4.47 billion in the first seven months of 2026, up from €4.23 billion during the same period last year, providing...

Cost of eating out in Cyprus rises 26% in three years

Cyprus
A family meal out in Cyprus has become significantly more expensive compared with previous years, with an outing that cost €100 in 2023 now...

Sharp fuel price hikes in Cyprus as heating oil hits record high

Cyprus
Fuel prices in Cyprus have recorded significant increases since 1 March, putting additional pressure on household budgets and consumer purchasing power. Speaking on “Protoselido”, Cyprus...
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