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Economy

Bitcoin: Consecutive surges fuelled by Trump’s new term

Economy
Bitcoin's rise of over 70% in 2024 has surpassed traditional assets such as global stocks and gold – Trump is a declared supporter of...

Faster digital transformation processes requested by Paphos Chamber of Commerce

Economy
The President of the Paphos Chamber of Commerce and Industry (EBE), Giorgos Mais, has called for an acceleration in the transition to digital transformation....

Zero VAT Rate on Essential Goods Effective from Today

Economy
Starting today and in effect until 31 December 2025, a zero VAT rate is applied to essential goods, including baby milk, nappies (for both...

€1.4 billion surplus for General Government in first nine months of the year

Economy
Increase in Revenue and Slight Reduction in Expenses The General Government recorded a surplus of €1.4 billion (4.2% of GDP) during January-September 2024, more than...

Electricity subsidy for vulnerable households to be funded by consumers

Economy
The cost of the subsidy will be covered by the public service obligation fee paid by all consumers – the Energy Minister’s decree detailing...
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