Half of households see drop in income, 64% have trouble making ends meet
Almost half of households saw their income decrease in Cyprus during the last six months of 2020, according to a survey on the impact of...
income
Cypriots spend nearly 10% of yearly income on electricity bills, third highest in Europe
Households in Cyprus are ranked third when it comes to which European country pays most for electricity bills, according to a study by energy switching...
That dangerous CoLA beast is stirring once again
WHEN five years ago, the payment of Cost of Living Allowance (CoLA) was suspended, the overwhelming majority of economists had hoped it would be the...
Tourism revenue up 10.8 pct in May
Revenue from tourism rose 10.8 per cent year-on-year in May, to €224.1 million, compared with €201.1 million in 2013, the statistical service said on Friday....
Around €605mln in taxes owed to the state
Around €605 million in overdue taxes was owed to the state in 2012, the auditor-general said, with over half concerning unpaid income tax. According to...
Sunday Mail Financial advice service: Confusing ‘Income needs’ with ‘cash-flow needs’
By George Mountis Income and actual cash flow are not the same thing. In Cyprus, many private (and institutional) investors confuse the two financial terms....