Economy

Revolut launches euro stablecoin in multi-currency plan

Revolut has begun the phased rollout of its euro-backed stablecoin, less than a year after receiving approval to provide crypto asset services in the...

Tax returns: Just 24.6% submitted so far

Hundreds of taxpayers are expected to leave their tax returns until the last minute, with only 24.6% having so far completed the final submission...

CCCI calls for action to cut energy costs

The Cyprus Chamber of Commerce and Industry (CCCI) is calling for specific reforms and measures to be accelerated to help gradually reduce energy costs,...

Fuel price increase in Cyprus remains below EU average

Retail fuel prices in Cyprus increased less than the average across the 27 EU member states for both 95-octane unleaded petrol and diesel, according...

Oil prices fall as US announces new measures against Iran

Oil prices fell on Monday after US Treasury Secretary Scott Bessent announced plans for further sanctions aimed at putting economic pressure on Iran. The announcement...