cost-of-living crisis

Economy

Larnaca property prices surge 30% in two years as buyers are pushed out of city

Property prices in Larnaca have risen by between 20% and 30% in just two years, driven by growing demand...
Economy

AKEL demands emergency cost-of-living measures at Finance Ministry protest

AKEL called for a permanent five per cent VAT rate on electricity and an end to double taxation on...
Economy

The best country to retire in, and where Cyprus ranks

Cyprus has climbed two places to 23rd in Natixis Investment Managers' 2026 Global Retirement Index (GRI), up from 25th...
Politics

Giorgos Venizelos explains how the economic crisis reshaped democracy in Greece and Spain

Cyprus went through a bailout programme and a haircut on bank deposits without seeing the emergence of a new...
Economy

Diesel hits €2 in Cyprus as Trump eyes export halt

Diesel has reached 2 euros a litre at many petrol stations in Cyprus. Meanwhile, US President Donald Trump said...
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

Diesel nears €2 a litre as refinery prices keep rising

Diesel is averaging close to 2 euros a litre in Cyprus and refinery prices are still rising, Consumer Protection...
Opinion

Cyprus has a billionaire problem, but it is not quite what the numbers suggest

The Cypriot economy has one of the world's highest concentrations of billionaires per head. The more interesting question is...
Economy

Cyprus diesel prices tipped to stay high until mid-2027

Diesel prices in Cyprus are expected to exceed 2.10 to 2.20 euros per litre within the next one to...
Opinion

A shield against profiteering

Fuel prices in Cyprus are on course for fresh rises. The international geopolitical and economic climate is breeding the...
World

California’s billionaire wealth tax on trial as prop 40 divides voters

No state may be a more natural fit for a tax on billionaires than California. The state leans left...
Local

Government launches new housing scheme to allocate over 570 state plots at 25% of market value

More than 570 unallocated state plots will be distributed to families in the coming period under a new Ministry...
Opinion

Not even a tent, soon enough

Seven in ten Europeans can't afford 75 square metres. Not outright, not with a mortgage, not even with thirty...
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