Economists have come out in support of the recently agreed upon minimum wage, saying that this will benefit both low-paid workers, as well as the economy. Businesses on the other hand have expressed concern, saying that the minimum wage has been set too high.

Cypriot and foreign visitors gave a breath of life to the shops in the historic centre of Larnaca this summer.

"The government supports rural areas and their residents", Cyprus’ Transport Minister, Yiannis Karousos said on Sunday evening, stressing that in 2019 the government adopted the National Strategy for the Development of Mountain Communities, for the first time since the establishment of the Republic of Cyprus.

European Parliament President Roberta Metsola will be in Cyprus on Friday to discuss the latest gas find in the island’s exclusive economic zone (EEZ) among other issues during a packed schedule that includes meeting President Nicos Anastasiades, and addressing parliament.

Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/A2 with a stable outlook.

Cyprus’ banking network has shrunk by a quarter in the past three years, as many branches have closed and the workforce reduced as banks go digital.

Architect and founder of the eponymous firm Yiannis Armeftis on Thursday said that environmental policies and the various measures that facilitate them could help mitigate the severe energy crisis currently plaguing Cyprus and the European Union.

Cyprus’ economy is on the rebound following two and a half years of coronavirus restrictions, as indicators perform better than in pre-pandemic 2019.

Presidential candidate, Constantinos Christofides on Friday, proposed a solution to water loss from dams by evaporation, which he claims would result in savings upwards of €20 million per year.

The Minister of Agriculture, Costas Kadis, expressed his satisfaction with the production of halloumi so far as a Protected Designation of Origin (PDO) product.