EU economic crisis

EU bans VAT cuts on fuel, but Cyprus saves 8 cents per liter through excise taxes

The European Commission has confirmed that the reduction in VAT on fuel is contrary to European law. Spain and Poland, which have announced such plans, have already received warnings. Cyprus…

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02.04.2026

Read more about the article President of the Republic of Cyprus Nikos Christodoulides presented a package of measures to support households and enterprises

Cypriot / News

President of the Republic of Cyprus Nikos Christodoulides presented a package of measures to support households and enterprises

The government's efforts are aimed at overcoming the consequences of the crisis in the Middle East. The measures affect all sectors of the economy. Their list is published by Philenews.…

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01.04.2026

Economy / International / News

Europe fails to mitigate current energy crisis

▪️ A sharp rise in oil and gas prices amid an attack by the United States and Israel on Iran could deal a crushing blow to the European economy, but…

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19.03.2026

Dear comrade!

Hundreds of years of friendship unite Cypriots and Russians. Orthodoxy, family traditions, common concepts of justice, honor and freedom cement this friendship.
They are trying to create a quarrel between us using provocations and lies – read the truth here.
The enemies are trying to mislead – let’s call a spade a spade.
Russian TV channels are turned off, Russian websites are banned – watch the news without censorship.
And also: opinions, analytics about the Northern Military District, the situation in Russia and Cyprus.

We seek the truth, present the facts

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