Economy

The impact of Golden Visa scheme on property prices

Cyprus
Golden Visa property prices: Lessons for Cyprus Golden Visa schemes can distort property prices by attaching the value of residency rights to a minimum investment...

Wages in Cyprus rise 3%, but one in three earns under €1,500

Cyprus
Wages in Cyprus increased by 3% in the second quarter of 2026, reaching an average gross monthly salary of €2,548, but the figures mask...

Fuel station owners warn of further price hikes

Cyprus
Fuel prices could rise further in the coming days if international oil prices remain at current levels, the head of the Pancyprian Association of...

Tech sector contributes 15% of GDP, president says

Cyprus
Cyprus’ technology sector now contributes around 15% of the country’s gross domestic product (GDP), while its start-up ecosystem has expanded significantly since 2020, President...

Brent crude hits $115 as European natural gas reaches €96

Economy
Oil and gas prices edged lower on Tuesday after recent gains, as renewed diplomatic efforts to reach an agreement in the US-Iran war influenced...
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