High concentrations of dust are observed in the air today, 18 November 2021, according to measurements from ground Stations of the Air Quality Monitoring Network operated by the Department of Labour Inspection.This is the fourth consecutive warning iss…
Day: November 18, 2021
FinMin announces Government’s intention to cut VAT on household electricity bills
Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9% for a three-month period and called on Parliamentary parties …
Construction materials prices up in October
The Price Index of Construction Materials for October 2021 reached 117.95 units, recording an increase of 1.87% compared to the previous month, according to the Cyprus Statistical Service.Compared to the same month of the previous year, the index recor…
Results for ‘Glafkos’ gas field expected in March, a terminal in Egypt is the predominant scenario, Minister says
The results of the confirmatory drilling in “Glafkos” gas field by the ExxonMobil-Qatar Petroleum joint venture must not be anticipated before February or March 2022, Cyprus Energy, Commerce and Industry Minister, Natasa Pilides said on Thursday, under…
Investment funds assets in Cyprus rise by 16% in Q3
Total assets of investment funds in Cyprus saw a remarkable 16% increase in the third quarter of 2021, compared with the previous quarter, hitting a record high of €8,535.6 mn.”The number of investment funds increased from 224 in June 2021 to 235 in Se…
Many areas on the ECDC’s epidemiological map now in the deep red and red categories
The deterioration of the epidemiological situation across Europe is reflected on this week’s map on the spread of COVID-19 issued by the European Centre for Disease Prevention and Control (ECDC) on Thursday.Cyprus remains for another week in the “red” …