Economist Yiannis Telonis has warned that the ongoing geopolitical crisis in the Middle East could place pressure on the Cyprus economy, particularly through rising...
Global aviation disruption deepens
Flight cancellations in the Middle East have surpassed 23,000 since the start of the conflict, causing major disruption across global aviation.
The...
Cyprus’s Finance Minister, Marios Keravnos, has sought to reassure the public that the island’s economy continues to show resilience, despite growing regional instability. He...
Rising fuel costs
Fuel prices in Cyprus have risen by 10–12% since Friday, driven by the ongoing conflict in Iran, according to Savvas Prokopiou, President...