Economy

Bulgaria sets price controls as euro transition nears

Bulgaria's parliament on Wednesday passed legislation introducing year-long price controls from August 8, a part of its technical transition process before adopting the euro...

Measures for unlicensed properties – Limassol wildfires

Concerns mount in Limassol over fire-damaged homes built without permits Local authorities in the Limassol district are voicing growing concern over the fate of dozens...

Limited compensation for unlicensed homes damaged by fires

Local authorities in Limassol are expressing concern over the fate of dozens of unlicensed homes damaged by recent wildfires, warning that the Cabinet’s current...

Cyprus-based company included in US sanctions on Iran

A Cyprus-based company has been named in the latest US sanctions against Iran, announced as part of the “maximum pressure” campaign aimed at curbing...

Average gross earnings reach €2,509

The Statistical Service has published the average monthly earnings for the first quarter of 2025, which show an annual increase of 5.4%. According to preliminary...