Economy

Christmas shopping Cyprus: Christmas Eve set to be busiest day

Market moves into festive peak The Cypriot retail market has fully entered the Christmas period, with businesses preparing for a sharp increase in consumer activity...

New national minimum wage decision by Christmas

Consultations on the new national minimum wage end tomorrow afternoon, with a decision expected by Christmas for implementation from January 1, 2026, over two...

New solar programme replaces “Photovoltaics for All” scheme

The government plans to launch a new national programme in early 2026, replacing the popular "Photovoltaics for All" scheme. This update will add subsidies...

State budget for 2026 vote concludes today

Parliament wraps up the three-day debate on the Cyprus 2026 state budget today, culminating in the voting process. Discussions resume at 10:00 AM. The Cyprus...

Parties unite against taxation of provident funds

Parliamentary Finance Committee set new sessions for Thursday and Friday at 9:00 AM to discuss six tax reform bills. Parties showed unified opposition to...