Tag: Cyprus economy

Oil prices rise above $110 amid Middle East tensions

WTI and Brent climb in US trading Oil prices moved higher on Sunday evening (local time) in early US trading, with both major crude varieties...

Brent crude oil tops $105 after US President’s speech

The price of Brent crude oil, the international reference for crude oil, surged past $105 per barrel early this morning, marking a significant rebound....

Middle East war fuels cancellations and drops bookings in Cyprus

Bookings drop sharply after regional tensions The ongoing conflict in Iran has triggered a surge in cancellations and a slowdown in new bookings for Cyprus,...

President to announce support measures for sectors hit by Middle East war

Government prepares targeted and horizontal aid Cyprus support measures are expected to be announced today, Thursday, by President Nikos Christodoulides, aimed at supporting all sectors...

How the Middle East crisis could affect Cyprus’ economy and tourism

Economist Yiannis Telonis has warned that the ongoing geopolitical crisis in the Middle East could place pressure on the Cyprus economy, particularly through rising...

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Audit exposes major flaws in Cyprus social welfare

The Audit Office has identified extensive weaknesses in how...

New wave of airstrikes in Iran, missiles fired at Israel

New wave of air raids and missile fire The Israel-Iran...

Cyprus talks show progress, new meeting set

Leaders describe “fruitful discussion” Cyprus talks moved forward on Monday,...

Electricity market fails to cut bills for most

Cyprus’s electricity market is not bringing meaningful price cuts...
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