Tag: economy

Zygi–Vasiliko LPG project: Cyprus Audit Office finds delays, irregularities and soaring cost

The Audit Office identifies serious weaknesses in the tendering, evaluation and execution of the urgent LPG mooring and pipeline project at Zygi–Vasiliko, highlighting major delays, cost increases and limited competition in the process.

Foreign buyers pressure housing market, AKEL warns

Growing concern that foreign buyers pressure the housing market in Cyprus has reignited political debate, with AKEL submitting two bills aimed at tightening controls...

Preliminary ATA agreement to be signed today

A preliminary ATA agreement will be signed at the Presidential Palace at 14:00 today, the government confirmed on Thursday morning. The announcement signals the...

President: Employers’ rejection of ATA plan not positive

President Nikos Christodoulides described the rejection of the government’s proposal for a permanent agreement on the Cost-of-Living Allowance (ATA) by employers’ organisations as “certainly...

Fewer products listed on e-kalathi, says Consumers Association

The Cyprus Consumers Association (CCA) has expressed concern over the continued decline in the number of products listed on e-kalathi, noting that price variations...

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Trump rejects Iran’s proposal: Strait of Hormuz reopening remains uncertain

Donald Trump on Friday rejected an Iranian proposal aimed...

President: Turkish side “in a weakened position” after refusing meeting

UN Secretary-General António Guterres said he would continue working...

This is the 19-year-old who escaped from Lakatamia police holding cells

Police are searching for 19-year-old Syrian national Medyan Al...

Cyprus diesel prices hit record average of €1.997 per litre

Cyprus diesel prices reached a record high on Friday,...
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