Economy

Budget implementation at 31% in first seven months

Treasury says over the last decade up to the end of July, the average budget implementation rate stood at 27%

07:51 - 29 August 2025

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Bank of Cyprus: Profit after tax of €121 million in the first quarter – strong new lending of €829 million

High profitability and small acquisitions as NPE ratio to loans falls to 1.1%

11:00 - 11 May 2026

Fitch affirms Cyprus’ long-term foreign-currency IDR at 'A-' with positive outlook

Cyprus’ ratings, Fitch said, reflect income per capita levels above the 'A' median, strong fiscal outturns and policy credibility supported by EU and eurozone membership

07:01 - 11 May 2026

Europe must have a strong voice in global maritime fora, Deputy Minister says

Marina Hadjimanolis was addressing the 1st Mare Forum Chios 2026

12:36 - 08 May 2026

Cyprus showcases products at 'Freskon 2026' exhibition in Thessaloniki

The Cypriot participation was organised by the Ministry of Energy, Commerce and Industry in cooperation with the Cyprus Trade Centre in Athens

12:22 - 08 May 2026

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Eurobank posts €103 million adjusted net profits in Cyprus for Q1

The bank stated that this performance reinforces its strong contribution from the region

09:44 - 08 May 2026

Cyprus records 6.1% annual increase in retail trade, according to Eurostat

The figures point to Cyprus having one of the strongest performances among the EU Member States for which data are available

08:26 - 08 May 2026

Inflation up at 2.8% in April due to increases in fuel prices

The largest increases compared with April 2025 were recorded in the economic categories Petroleum Products (18.3%) and Agricultural Goods (9.6%)

08:22 - 08 May 2026

Deposit rates in Cyprus at the lower level within Eurozone, CBC notes

The interest rate level on new loans in Cyprus is comparable to the Eurozone median, the Central Bank of Cyprus notes

07:51 - 08 May 2026

We need to empower SMEs to secure Europe's autonomy, Minister says

Minister of Energy, Commerce and Industry, Michael Damianos, was speaking at the Extraordinary Employers’ Group meeting in Nicosia

07:46 - 08 May 2026

Andreas Vyras: Larnaca is entering a phase where planning, funding and execution are finally aligned

The city's Mayor also talks about how investor interest in Larnaca is clearly on the rise, the exciting projects underway, and the city's Sustainable Urban Mobility Plan

07:00 - 08 May 2026

NEWS FEED

10 hours agoCompanies

Bank of Cyprus: The acquisition of cdb, the investment in Wealthyhood, and the expansion to India

10 hours agoCurrent Affairs

US Ambassador praises partnership with Cyprus in farewell meeting with President

11 hours agoCompanies

Blackstone to acquire Skroutz from CVC

12 hours agoCurrent Affairs

Our vision is to promote a more autonomous EU, Deputy Minister for European Affairs says at Nicosia informal Council

ALL NEWS

Shipping Deputy Minister on working visits to Chios and Brussels

Hadjimanolis is attending the '1st Mare Forum Chios,' and the 'Shaping Policy, Driving Change: Equality and Inclusion in the Maritime Sector' conference in Brussels

10:34 - 07 May 2026

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A 10.4% annual increase in registered unemployed recorded in April

The number of registered unemployed in April 2026 rose to 10,585, compared to 10,316 the previous month

08:49 - 07 May 2026

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Cyprus has a low share of employment in multinationals, according to Eurostat

The highest shares of employment in multinational enterprises are recorded in Luxembourg at 54% and Czechia and Sweden at 44%

08:43 - 07 May 2026

Commissioner Kadis and Interior Minister discuss EU strategy for coastal communities

The two officials also discussed measures to strengthen resilience against the impacts of climate change, including coastal protection

08:32 - 07 May 2026

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Positive climate for EU capital markets integration, deal could come soon says Finance Minister

Speaking after Tuesday’s Ecofin meeting, Keravnos said the recent developments confirm the EU’s view that strategic autonomy is important for improving competitiveness

09:37 - 06 May 2026

Invest Cyprus, fDi Intelligence and the Financial Times host closed-door roundtable on Cyprus’s investment landscape

Promoting Cyprus as a technology and investment destination in the United States

09:12 - 06 May 2026

Cyprus Energy Minister at Second EU–US Joint Statement Trilogue

The trilogue is focusing on legislative proposals to implement the EU–US Joint Statement agreed in August 2025

07:50 - 06 May 2026

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Eleni Kaloyirou: What is essential today is to communicate clearly that the country continues to operate with stability, maintaining consistent connectivity and smooth travel flows

The CEO of Hermes Airports comments on the impact of recent geopolitical developments while also discussing airport expansion and Larnaca's role in Cyprus' air connectivity

07:00 - 06 May 2026

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