Tag: economy

Trump stirs tariff pot with fresh threats on EU

Economy January 22, 2025

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on...

Digital euro launching in 2025: What it means for cash

Economy January 20, 2025

The European Central Bank (ECB) is preparing to roll out the digital euro in 2025, pending the necessary EU legislation to support it. “We are...

Tupperware Cyprus closes its doors after nearly 60 years of service

Economy January 8, 2025

In an emotional announcement, Tupperware Cyprus has confirmed the closure of its operations. The statement highlights: "As Tupperware, we are not just a brand of...

Salary increases of 1.25% from 1st January for those receiving ATA

Economy January 4, 2025

The percentage of salary increases stems from the transitional agreement between social partners on the Cost of Living Allowance (ATA), which stipulates payment of...