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Economy

Government workers strike: demands, duration, and disruptions

Cyprus
Hourly-paid staff begin 24-hour walkout Hourly-paid government employees across Cyprus are taking part in a 24-hour nationwide strike on Wednesday, demanding pay rises and improved...

EU to vote on Digital Euro to cut dependence on US technology

Economy
The European Union believes the digital euro could reduce its reliance on US-based payment systems such as Visa and Mastercard, as well as Apple...

Cypriots report modest financial improvement, but pressures persist

Cyprus
Financial wellbeing in Cyprus has improved in 2025, according to a nationwide survey, although many households continue to face financial pressure from rising living...

Fuel prices rise 20.5% in Cyprus in May – what’s happening across Europe

Cyprus
Fuel prices in Cyprus increased by 20.5% in May 2026 compared with May 2025, according to figures published by Eurostat on Monday. The increase in...

UK: Pound drops while bonds remain steady after Starmer resignation

Economy
The UK markets showed a measured response after Prime Minister Keir Starmer announced plans to step down, as investors weighed whether a future Labour...
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