Tag: energy prices

Natural gas and electricity prices will rise sharply this winter

The gas crisis in Europe is intensifying as low storage levels, geopolitical tensions and competition for liquefied natural gas (LNG) increase pressure on energy...

Cyprus growth forecast lowered by Central Bank

Growth outlook revised lower The Central Bank of Cyprus has revised down its Cyprus growth forecast, citing increased geopolitical uncertainty and a weaker outlook for...

Fuel prices rise 20.5% in Cyprus in May – what’s happening across Europe

Fuel prices in Cyprus increased by 20.5% in May 2026 compared with May 2025, according to figures published by Eurostat on Monday. The increase in...

Oil prices drop slightly as US pauses Project Freedom

Prices ease amid diplomatic signals Oil prices edged lower in Wednesday trade in Asia after US President Donald Trump raised hopes for an agreement with...

Oil prices fall below $100

Markets rally as tensions ease Global oil markets saw a dramatic drop on Wednesday, with oil prices fall exceeding 15% after the United States stepped...

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Great Sea Interconnector eyes September restart

New investor signals fresh momentum The Great Sea Interconnector has...

37-year-old arrested over alleged €827,400 car import fraud

A 37-year-old man was arrested at Larnaca Airport in...

Fire breaks out in Arsos early in the morning – Firefighting forces at the scene

A fire broke out on Thursday morning in the...

The insurance industry doesn’t need more products. It needs more trust. 

By George Nicolaides, Founder and Chief Executive Officer of...
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