Economy

Cyprus airport traffic drops 15% amid Middle East crisis

Economy
Air traffic at Cyprus airports fell sharply in March 2026, with a 15.3% decline compared to March 2025, according to official data from Hermes...

Oil prices rise above $110 amid Middle East tensions

Economy
WTI and Brent climb in US trading Oil prices moved higher on Sunday evening (local time) in early US trading, with both major crude varieties...

Easter allowance for low-income pensioners approved

Cyprus
The Cyprus Council of Ministers has approved the Easter allowance for low-income pensioners, reinforcing the government’s social policy to support vulnerable groups. Allowance details and...

Fuel tax reduction not fully passed on to consumers

Cyprus
Fuel tax reduction under scrutiny The fuel tax reduction scheme in Cyprus has come under criticism after the Consumers Association claimed that the full benefit...

Oil prices surge on Thursday after Trump threatens Iran

Economy
Brent and WTI see sharp rises Brent crude oil jumped over 7% on Thursday, while US crude (WTI) surged more than 11%, following threats by...
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