The cost of consumer goods and services in Cyprus continued to climb in June, on an upward spiral for the past 18 months, rising to 111.34 points or 9% on an annual basis and 1.2% from the previous month.

The Cyprus Securities and Exchange Commission (CySec) is warning of manipulation attempts against young people from ‘finfluencers’, employing methods such as ‘gamification’ in investment as it launches a new campaign to protect the public from investments that involve high risk and may not be suitable for them.

TUS Airways acquired an Airbus A320, the fifth plane in its fleet, it announced on Wednesday.

Cyprus will impose an outright ban on single-use plastic items such as cups and straws as of 1 October to reduce pollution.

The hotel occupancy rate in the Paphos district during July will reach 80%, according to the chair of the local hoteliers association Thanos Michaelides.

On the eve of the anniversary of the 1974 invasion, Commerce Minister at the time Michalis Kolokasides recalled the impressive efforts to rebuild Cyprus’ economy after the one third of the island was suddenly seized.

Labour Minister Kyriacos Koushios said on Monday he will submit a final proposal on the national minimum wage at meetings with stakeholders on Thursday and Friday, with the aim of securing a final decision earlier than scheduled.

Organic waste is the largest contributor to municipal solid waste and represents 42% of gross municipal waste. In an effort to divert this waste stream away from landfills and ensure its proper treatment – such as composting or anaerobic digestion – measures are pushed island-wide through separate collections in municipalities and communities.

Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish jobs site Duunitori.

The President of the Republic of Cyprus Nicos Anastasiades has tested positive for COVID-19.