The government will continue supporting households and especially the vulnerable amid the rising inflation, Finance Minister Constantinos Petrides had told CNA, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis.

The island’s state health services organisation (Okypy) announced that it would begin charging Gesy beneficiaries for excessive visits to family GPs and paediatricians.

EΥ Cyprus continues to invest in the younger generation, offering students the opportunity to enhance their skills through its Summer Internship Programmes. As in previous years, this summer EY Cyprus will be providing the opportunity to around 100 university students from Cyprus, Europe, the UΚ and the USA to participate in a wide range of activities and training courses across all departments of the Firm.

Ayia Napa Marina has the potential to attract special types of tourism to help the Famagusta region transform into a year-round tourist destination.

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the Cypriot property market is not currently going through a bubble, despite the concession that prices have indeed been increasing.

Auctions of foreclosed properties are back online following a two-year freeze imposed by authorities due to the COVID-19 pandemic fallout, as 800 auctions have been scheduled for the next weeks.

Low-income pensioners can apply for free three-night stays in mountain resorts as of next week, the labour ministry announced on Thursday.

A total of €438,000 worth of bounced checks were recorded for the month of April, according to data announced by the CBC on Wednesday. This is the largest monthly value of bad checks recorded since 2020, and it corresponds to more than half of the total amount of bad checks recorded throughout 2020.

Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers stemming from the war in Ukraine.

The Cabinet of Ministers on Tuesday approved a new tax incentives scheme aimed at attracting foreign companies and high-quality workers to Cyprus.