Total sales of petroleum products increased by 34% on an annual basis in May 2022, while total petroleum reserves decreased by 17.1% (18,020 tons) at the end of May 2022, compared to the end of May 2021.

The economic sentiment in Cyprus deteriorated in June, pushed downwards by weaker business confidence in services, industry and retail trade.

As COVID cases rise in Cyprus, the Cabinet decided on Tuesday to make face masks mandatory again in pharmacies, clinical labs and testing areas.

The Akamas will not be bulldozed, Agriculture Minister Costas Kadis said on Monday following more protests over the weekend over the revised local plan for the area.

The Director-General of the Central Union of Municipalities of Greece, Yiannis Karagiannis, has been appointed as the expert to coordinate the provision of Greek expertise to the Republic of Cyprus for the implementation of the final stage of local government reform.

UK pensioners eyeing a retirement home in Cyprus may have to rethink their plans, as changes proposed by the government on granting residence permits to non-EU nationals raise the bar for newcomer retirees by €130,000.

The health ministry said on Sunday that Cyprus was investing a social policy to address addiction to narcotics, in a message to mark World Day Against Drugs and Drug Trafficking.

The cashback programme appears to be gaining ground in Cyprus with about 15,000 such transactions having taken place in the first five months of the year, at a total value of €900,000.

Tourist arrivals in Cyprus during May increased significantly compared to the same month of 2021, however, they were still lower compared to May 2019 and with obvious losses from the Russian and Ukrainian markets.

The Institute of Certified Public Accountants (Selk) on Thursday submitted a six-part plan to further develop the Cypriot economy and businesses.