Tag: finance

Public finances record €552.9M surplus in five months

Cyprus maintained a positive fiscal position during the first five months of 2026, as increased tax income, particularly from VAT, helped offset higher government...

US dollar hits four-year low and fall could deepen

Dollar slides after volatile period After a dramatic 2025, when US President Donald Trump’s tariff announcements sent the dollar tumbling, currency traders were expecting a...

Finance Committee to review bill on control of foreign investments

The Parliamentary Finance Committee will resume its work on Monday, 1 September, following the summer break, with the examination of two important bills. According to...

Cyprus ranked among top 70 gold-rich countries

In a period marked by global market volatility and geopolitical tension, many countries are revisiting their gold reserve strategies. Gold is increasingly viewed as...

Cyprus ranks among Europe’s top net salary earners

What workers actually take home in Europe can vary significantly- and Cyprus ranks near the top. According to data examined by Euronews, Cypriot employees enjoy...

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Kyrenia shipwreck: Final victim laid to rest as search operations continue

The Filo Jet shipwreck off Kyrenia has left 14...

ECB raises interest rates to 2.5%

The European Central Bank has raised its interest rates...

England’s mayors set to gain power to impose tourist tax

Mayors in England are set to gain powers to...

Twins identified as targets of an assassination plot by a criminal gang in Cyprus

British twins Jamie and Aaron Small have been identified...
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