Economy

167,000 people in Cyprus at risk of poverty or social exclusion

Economy
According to the Statistical Service, 17.1% of the population, around 167,000 people, were at risk of poverty or social exclusion in 2025, the same...

LPG costs spike – price increases up to €25 for 10kg cylinders

Economy
Rising LPG costs Households and businesses using LPG for cooking or heating face a new wave of price increases. From today, 10kg LPG cylinders are...

Oil price drop after Netanyahu comments

Economy
Brent and WTI decline Oil prices fell early Friday in Asian markets following a press conference by Israeli Prime Minister Benjamin Netanyahu, who said Iran...

Electricity prices set to rise in May, says EAC president

Economy
Cyprus Electricity Authority (EAC) President Giorgos Petrou expressed uncertainty over electricity cost fluctuations in the coming months. Speaking at a press conference at the...

Gas prices in Europe sees 35% rise

Economy
Energy infrastructure under threat European natural gas prices soared up to 35% on Thursday after new attacks targeted energy infrastructure in the Middle East. The...
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