Economy

Summer sales in Cyprus drive strong spending

The summer sales in Cyprus have begun on a positive note, with encouraging signs for retailers despite wider geopolitical instability. According to Marios Antoniou,...

High tuition fees, higher rents: Students struggle to find housing

Students search for housing as the market drives prices up – “Student halls should be mandatory at every university,” suggests Polys Kourousides – Record...

Von der Leyen proposes EU budget boost to 2 trillion euros

The European Commission on Wednesday proposed a 2 trillion euro ($2.31 trillion) EU budget for 2028 to 2034, with a new emphasis on economic...

CIBA calls for proportional foreign investment controls

Cyprus must move urgently to establish a national mechanism for foreign investment controls, according to the President of the Cyprus International Businesses Association (CIBA), Vassilis...

Foreign investment screening law heads to Parliament

Cyprus has taken a key step toward regulating cross-border deals with the formal submission of the foreign investment screening law to Parliament, aiming for...