Economy

Cypriots increasingly use digital payments, study shows

Cypriots are increasingly turning to digital payments, as payment cards now account for 75% of total transaction volume, making their use the second highest...

Gold and silver prices tumble after record highs

Precious metals see sharp reversal Gold and silver prices have fallen sharply following a dramatic reversal of a rally that had pushed the metals to...

How can thousands of households remain trapped in poverty despite the numbers?

Poverty rates remain steadily at sixteen to seventeen percent, while unemployment stands at around five percent. What do the data reveal about the ‘income...

Cyprus fuel prices may rise slightly, association warns

Fuel prices influenced by global markets Christodoulos Christodoulou, spokesperson for the Gas Station Association, spoke on "Mesimeri kai Kati" about current fuel prices in Cyprus....

Cyprus wages increased 4.3% in Q3 2025, Statistical Service reports

Average gross monthly wages of employees in Cyprus increased 4.3% in the third quarter of 2025 compared to the same period in 2024. Preliminary data...