#cost of living

The financial wellbeing of Cypriot citizens has marked a significant decline, according to the results of the Financial Wellbeing Index 2024. Presented for the first time by the Financial Wellbeing Institute, ...

Despite appearing to lack the necessary support in parliament, a bill imposing a new ‘bank tax’ will go to the House plenum later this week. Tabled by opposition party Akel, ...

EnErgo movement announced its intention on Monday to file a lawsuit against the Republic of Cyprus regarding its failed housing, food and decent living policies. The movement said it sent ...

The number of crossings made between the Republic and the north by Greek Cypriots fell by almost 4.5 per cent in the first nine months of the year compared to the ...

Officials on Tuesday reiterated there currently exists no practical way to bring down energy costs, which have a knock-on effect on the prices of goods, as one MP warned that ...

Fears were mounting on Friday that the cost of essential goods, which started rising even before the termination of VAT relief measures, will be catapulted even higher in the event ...

The answer to the barrage of criticism by opposition parties over the government’s decision not to extend the tax discount on fuel beyond last month was provided by the ...

Cabinet is set to hold an extraordinary meeting on Thursday with the aim of discussing and approving a new package of measures to alleviate the cost-of-living crisis. The meeting comes ...

Supermarkets are completely unjustified in increasing the price of lamb ahead of the Christmas holidays, a commerce ministry official charged on Wednesday, amid lowered prices across the board for food ...

Recipients of the monthly mobility allowance on Friday received a €120 one-off payment from the Social integration department. The payment was announced by the Social welfare deputy ministry, with the money ...

Serdar Denktash, the son of late Turkish Cypriot Leader Rauf Denktash, said on Thursday that the north’s ‘government’ “has not done one good thing” during its time in office. “...

The price of fresh fish and vegetables went down by 17 and 13 per cent in October, while the price of toilet paper had a 17 per cent price spike compared to September. ...

The Independent Trade Unions’ Federation (Poaso) on Monday called for its workers to receive full payment of the Cost of Living Allowance (CoLA). Putting their case forward, they cited “a ...

Ever increasing costs forcing consumers to restructure energy bills Standing on the pavement outside the Electricity Authority of Cyprus (EAC), with a little boy in tow, Nitsa tells the Cyprus ...

Finance Minister Makis Keravnos delivered on Wednesday the state budget for 2024 with a promise of cost-of-living relief measures by the end of the month – and a look ahead to next ...

In nominal terms, earnings in Cyprus went up by an average of 7 per cent on an annual basis, according to data just released by the Statistical Service. Average gross monthly ...

The finance ministry is “examining and costing scenarios” for potential new measures to support people facing ongoing difficulties with the cost of living, Minister Makis Keravnos said on Monday. He ...

The vulnerable section of society is much larger than official statistics show and more must be done to tackle the cost of living, major trade unions said on Wednesday. A ...

Finance Minister Makis Keravnos said on Monday he will have a new round of meetings with bank executives to see how lenders might refrain from raising interest rates again, as ...

A total of 32 out of 45 staple food items have seen their prices increase, the Consumer Protection Service (CPS) said on Monday, in its July 2023 price observatory. Reductions were recorded for 13 ...

The government must reinstate the fuel subsidy for two months as petrol prices are up 18 cents per litre from the time the government scrapped it back on July 1, the consumers ...

The north’s cost of living increased by 9.9 per cent in the month of July, according to figures released by its statistics office. The figures, calculated in Turkish Lira, work ...

While the prices of basic consumer goods have generally sharply increased in the past year, some have started to decrease in the past month, according to the latest report by ...

Public concern over cost-of-living is mounting despite state assurances that the ending of relief measures was warranted and necessary. Recently released data appeared to validate consumers’ fears, that the abolition ...