Petra Argyrou

Economy

Cyprus wages up 3%, but one in three earn under €1,500

Average gross monthly earnings in Cyprus rose by 3 per cent in the second quarter of 2026 to 2,548...
World

EU leaders face high-stakes clash over long-term budget and revenues

Negotiations for the European Union's next seven-year budget are moving to the level of heads of state and government...
Economy

Finance Minister to take zero VAT, heating oil package to Cabinet

Finance Minister Makis Keravnos is expected to present a new package of cost-of-living measures to the Cabinet on Wednesday....
Economy

Cyprus consultancy spending set to more than double since 2024

Cyprus's 2027 state budget, submitted to parliament on Thursday, puts spending on consultancy services at 156.1 million euros, more...
Economy

Finance Minister hands €14.4bn 2027 budget to parliament today

Finance Minister Makis Keravnos will submit the 2027 state budget to parliament on Thursday. Total spending is set to...
Economy

New energy cost measures head to Cabinet, heating oil in focus

The government is working on new measures to help with rising energy prices, Finance Minister Makis Keravnos said, pointing...
Economy

Cyprus drivers face fresh pump pain as fuel prices soar past €2

Cyprus is being pulled deeper into the energy crisis, with retail fuel prices in the grip of a fresh...
Economy

Fiscal resilience tested as Cyprus faces geopolitical risks and domestic hurdles

Cyprus and its economic team must navigate a solid yet increasingly volatile domestic and international landscape. The 2027-2029 Budget...
Economy

Cyprus’s 2027 budget forecasts surplus despite Ukraine and Middle East wars

Cyprus's 2027 state budget forecasts a fiscal surplus despite pressure from the wars in Ukraine and the Middle East....
Economy

Cyprus economy grows 3.3% despite Middle East pressures

Eurostat data showed Cyprus's economy grew at an annual rate of 3.3 per cent in the second quarter, comfortably...

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