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Monday 15th August is a Bank Holiday in Cyprus, and marks the start of the Cypriot Holiday Period.
As if the current inflation is not high enough consumers are warned that a third wave of high prices is on the way – this time on milk and dairy products.
Farm milk prices are to increase between 30-33% and wholesale dairy prices between 14-17% in 2022, according to financial experts.
Landowners from the Akamas community of Ineia said on Sunday they would block the roads in and out of the Lara area next Sunday as part of measures they've planned to oppose the government's local plan for the environmentally sensitive region.
Hoteliers hope to meet their revised targets for 2022 but are bracing for a difficult 2023 as the cost-of-living crisis eats into the purchasing power of potential visitors and a labour shortage take its toll, Cyprus Hotel Association director Filokypros Rousounides said on Thursday.