Tag: Cyprus economy

Nikos Shacolas, founder of CTC Group, dies

Leading Cypriot businessman passes away CTC Group has announced with profound sadness the death of Nikos Kyprianou Shacolas, the company's founder, longtime Executive Chairman and...

Cyprus Business Development Organisation heads to Parliament

New financing body under discussion Lawmakers are set to begin debating government legislation to establish the Cyprus Business Development Organisation (CBDO), a new public body...

Cost of living has created the super rich and a poor middle class

Fuel tax extension offers temporary relief Lower fuel prices and the extension of the reduced fuel excise duty are expected to provide temporary relief for...

Minds in Cyprus: British interest in returning to Cyprus

The Minds in Cyprus initiative returned to the United Kingdom a year after its initial launch in London by President of the Republic Nikos...

Cypriots report modest financial improvement, but pressures persist

Financial wellbeing in Cyprus has improved in 2025, according to a nationwide survey, although many households continue to face financial pressure from rising living...

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School summer holidays: How Cyprus compares with Europe

The length of school summer holidays has sparked considerable...

Zelensky praises Cyprus for support on EU accession

Ukrainian President Volodymyr Zelensky has expressed his gratitude to...

CCCI calls for action to cut energy costs

The Cyprus Chamber of Commerce and Industry (CCCI) is...

Egypt-Greece interconnection targeted for 2031

Egypt plans to begin operating a 3GW electricity interconnection...
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