A lack of desire and disregard have left Cyprus consumers at the mercy of hiking energy prices while the country’s grid is on the verge of crisis, say environmentalists. While consumers struggle
Thousands of borrowers have been stung by interest rate hikes as they see their monthly mortgage instalment increase by hundreds of euros, causing concern about the housing market. With indications the European
An increase in Kosher products on the island, combined with the opening up of the once protective Israeli market, has widened prospects of Cypriot exports to the neighbouring country. The local Jewish
Cypriot dairy producers are excited that Israel has lifted customs duty applicable to various cheese products, paving the way for halloumi to conquer another market. In comments to the Financial Mirror, Chamber
House prices and rents are pushed up by a lack of supply, with real estate analysts proposing that authorities take drastic action to bring new properties onto the market, even by taxing
It’s been business as usual for Cypriot firms exporting goods to the UK in the past two years as they dodged the Brexit bullet. Despite initial concerns, Cypriot exports to the UK
President-elect Nikos Christodoulides will have his hands full trying to keep the peace among social partners, as trade unions are pressing for remedies to incomes under threat. With the restoration of the
Unemployment is rising, with stakeholders in the labour market saying there is a mismatch between vacancies and jobseeker skills, as employers cannot find qualified staff. A recent CyStat survey showed the number
Cyprus is heading into an uncertain 2023, but economists argue the economy can remain resilient, as it has proven in the past. In comments to the Financial Mirror, economist Marios Soupashis said
Cypriots strolled into 2022 hoping to see better days following two years of COVID restrictions; instead, they braved hiking inflation powered by the Ukraine war eating away at their purchasing power. Also,
