Economy

AI growth fuels inflation

Rising oil prices linked to tensions in Iran may be dominating inflation headlines, but economists are increasingly pointing to a longer-term concern: AI inflation. The...

Consumers’ Association lists products with price increases in 14 days

The Cyprus Consumers’ Association has identified increases in a range of everyday products during the second half of May, highlighting continued volatility in Cyprus...

Rent prices in Cyprus surge, exceeding young couples’ wages

Rent prices in Cyprus continue to climb, placing increasing financial pressure on households, particularly young couples trying to establish an independent home. In several areas,...

GSI faces tensions because of Turkey’s “Blue Homeland” doctrine

The Great Sea Interconnector is facing renewed geopolitical pressure in the Eastern Mediterranean following reports of a proposed Turkish law linked to the so-called...

Hotel occupancy in Cyprus to reach 90% for long weekend

Cyprus hotel occupancy is expected to rise sharply over the upcoming long weekend, with bookings in Paphos and the free Famagusta area forecast to...