Eleftheria Paizanou

Eleftheria Paizanou began her career in journalism in 1999, working across both print and online media. Since March 2016 she has served as economics writer at Phileleftheros and at the group's Insider financial website.
Economy

Cyprus presses EU to allow tax cuts below EU minimums

Cyprus will keep pressing the European Union for greater fiscal flexibility so that member states can cut taxes below...
Economy

Nine critical energy projects due in 2027, delays possible

Nine critical energy projects, mostly involving the Electricity Authority of Cyprus (EAC) and the transmission system, are expected to...
Economy

EU to fund €49m storage contract for Cyprus grid operator

The European Union will fund a 49 million euro contract for the supply and operation of central energy storage...
Economy

More than half of Cyprus-Greece interconnector cable now manufactured

More than half the subsea cable needed for the Great Sea Interconnector (GSI) linking Cyprus and Greece has been...
Economy

Cyprus-Greece power link delayed a year, cost to exceed €1.9bn

Completion of the Cyprus-Greece electricity interconnector has been pushed back by a year to January 1, 2031, and its...
Economy

Heating oil excise to drop to EU minimum from Friday

Excise duty on heating oil is set to fall from 7.5 cents to 2.1 cents a litre from Friday,...
Economy

Late tax filers spared penalties but lose compliant status

Employees and self-employed people who miss the October 31 deadline for their 2025 personal income tax returns will not...
Living in Cyprus

Late on your tax return? No surcharges until November 30

Individuals who file their 2025 tax returns after the October 31 deadline will not be charged interest or surcharges...
Economy

Heating oil excise duty cut to 2.1 cents from Friday

Excise duty on heating oil will be cut to 2.1 cents a litre from 7.5 cents, with the lower...
Economy

Airport and port concessions have earned state €1.57bn

The state collected 1.57 billion euros between 2006 and 2026 from handing Larnaca and Paphos airports and the commercial...
Economy

Income tax revenue falls after reform as total tax take rises

State revenue from personal income tax fell by 25.4 million euros in the first seven months of 2026, as...
Economy

Heating oil duty cut brought forward as prices rise 77.66%

A cut in excise duty on heating oil is expected to take effect on 23 October, nine days earlier...
Economy

Parties press for more inflation relief as support nears €0.5bn

Political parties and stakeholders called for further measures to curb inflation at parliament’s Energy Committee, as the finance ministry...
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