Economy

Cyprus weighs new limits on foreign property buyers

als, signed by AKEL Secretary-General Stefanos Stefanou, would amend the Acquisition of Immovable Property (Aliens) Law and the Transfer and Mortgage of Immovable Property...

Fuel subsidy set to be extended until end of November

The Finance Ministry plans to extend the fuel tax cut of 8.33 cents per litre, which is currently due to expire on September 17,...

Fuel prices could near €2 as tax cut ends

Fuel prices in Cyprus are facing renewed upward pressure as international oil prices rise above $90 a barrel, while the expiry of reduced fuel...

Christodoulides expects Cyprus economy to grow by 3.5%

President Nikos Christodoulides said the Cyprus economy is expected to grow by around 3.5% in 2026, highlighting government reforms, record employment and falling unemployment. Christodoulides...

Fuel prices: How Cyprus compares with the EU

Consumers in Cyprus are paying less for petrol and diesel than the EU average, although fuel prices vary considerably between individual filling stations and...