Despite recording the third biggest increase in the share of renewable energy in transport, Cyprus is ranked sixth from the bottom among EU member states, missing its 2020 target. Environmentalists say last-minute
Cyprus banks deny accusations that despite excess liquidity of €21.7 bln, they are hesitant to redirect the cash flow back into the capital-starved economy through lending to new and existing businesses. Banks
Environmentalists have welcomed an outright ban on shops offering plastic bags from February 2023 and the immediate prohibition of oxo-degradable bags. They argue the ban on plastic carrier bags provided by supermarkets
Rural Cyprus is getting an upgrade with growing investor interest in mountain villages materialising as multi-million projects come online, transforming once-neglected areas More and more investors are looking for opportunities in the
As UK partners signal the island can expect higher volumes of British summer holiday seekers, Cyprus tourism stakeholders are optimistic that 2022 will be a year of recovery following the coronavirus crisis.
UK imports to the island halved within the first year of Brexit, as Cypriot importers turned to EU markets as British products are wrapped in tariffs and red tape. Stakeholders argue that,
Turkish Cypriots head for a general election on Sunday, with the Cyprus problem low on the political agenda due to the worsening economic situation and coronavirus. The community is conducting an early
Authorities are hopeful the island’s pioneering leap into the 5G era will go a long way in catching up with the rest of the world on the digital transformation train before leaving
Cyprus shipping confidently steps into the new year, with authorities ready to reap the benefits after two years of a punishing pandemic. In an interview with the Financial Mirror, Deputy Minister of
Efforts to attract big tech and fintech firms resulted in reputable companies relocating to the island with expectations that 2022 promises to be another boom year. Invest Cyprus, the state agency to
