Cyprus credit card transactions in January increased by 6%, reflecting stable consumer confidence while online payments to the state did not play a significant role in the rise.

The European Commission has sent legal warnings to Cyprus, Portugal, the Netherlands and five other EU states over their delays in applying new anti-money laundering rules adopted at European Union level two years ago.

The number of building permits issued by municipal and regional authorities increased by about 11% during the period January-November 2019, compared to the year before.

An entrepreneur, investor, bestselling author, and Emmy-nominated tech media personality, Randi Zuckerberg is coming for the first time to our island in the context of Reflect Festival.

In 2018, renewable energy accounted for 37% of the total energy used for heating and cooling in Cyprus — the eighth highest rate in the EU27 and above the average of 21%, according to figures published by Eurostat on Monday.

Cyprus has taken positive steps towards anti-money laundering and countering the financing of terrorism, according to a much-anticipated report by the Council of Europe’s anti-money laundering body Moneyval.

Paralimni will have its very own €100 million marina within the next 4 years after the Environment Department has given the green light to the leisure project.

In 2018, of almost 15 million scientists and engineers in the EU, 59% were men and 41% women, according to figures released by Eurostat, ahead of the International Day of Women and Girls in Science, celebrated on 11 February.

Non-payment of taxes is to automatically qualify as a criminal offence, while all corporations operating on the island will be required to accept payments via credit card, under an omnibus bill tabled by the government aiming to crack down on tax evasion.

Average gross salaries stood at €1,938 a month in 2018, a 2.5% increase over the previous year’s average of €1,891 according to figures published by the Cyprus Statistical Office.