Economy

Cyprus–Kazakhstan visit boosts business and bilateral ties

Christodoulides and Tokayev oversee signing of five cooperation agreements, strengthening prospects in trade, investment, and technology

14:23 - 03 June 2026

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Cyprus National Committee of the International Chamber of Commerce (ICC) meet with senior ICC officials

The priorities of both the ICC and the Cyprus National Committee were discussed in relation to the main areas of activity of the ICC

09:30 - 03 June 2026

Inflation in Cyprus is estimated at 3.7%, according to Eurostat

At euro area level, annual inflation is expected to stand at 3.2% in May 2026, compared with 3.0% in April

08:32 - 03 June 2026

ECB Board Member calls on Europe to actively strengthen the euro’s global role

In an op-ed by Member of the ECB’s Executive Board Piero Cipollone, the central bank highlights that while the euro has modestly gained ground

08:28 - 03 June 2026

Retail turnover rises 5.8% in April, with an increase in sales volume

The Retail Trade Turnover Value Index, excluding motor vehicles, increased by 5.8% year-on-year in April

08:19 - 03 June 2026

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Pension reform is the government's most important social priority, Labour Minister says

Marinos Moushouttas explained that the long-term sustainability of the social insurance system must be safeguarded

08:08 - 03 June 2026

Finance Minister welcomes E6 decision to boost EU competitiveness

According to Makis Keravnos, the strategic autonomy of the European Union is a key objective of the Cypriot Presidency

08:02 - 03 June 2026

Christodoulides arrives in Kazakhstan to boost Cyprus–Central Asia economic ties (pics)

President leads business delegation to Astana as agreements and new investment opportunities take centre stage

07:47 - 03 June 2026

Eurostat notes Cyprus' high performance in foreign visitor overnight stays

Ranking second overall, Cyprus recorded 368,639 overnight stays in January 2026, 476,000 in February, and 503,579 in March

14:18 - 02 June 2026

Tourism revenues down 33.8% in March with sharp decline in Israeli arrivals

Arrivals from Israel fell to just 1,537 in March 2026 from 28,353 in the same month of 2025

14:12 - 02 June 2026

Eurobarometer: Cypriot SMEs find it more difficult to hire workers from third countries

The survey highlights barriers rooted primarily in complex and lengthy administrative procedures

08:37 - 02 June 2026

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ALL NEWS

President and Finance Minister welcome Moody’s keeping Cyprus at A3 with a stable outlook

Nikos Christodoulides said Moody’s assessment of the Cypriot economy recognises an economic strategy that is delivering results

08:31 - 02 June 2026

Cyprus becomes sixth EU member state to sign SAFE Agreement, Commissioner Kubilius says

The agreement was signed by Finance Minister Makis Keravnos and the Head of the Public Debt Management Office, Chrysavgi Chrysostomou-Lapathioti

08:16 - 02 June 2026

April unemployment at 3.2% in Cyprus, at 6% in the EU, at 6.3% in the euro area

At an EU level, unemployment remained stable in April 2026, with the euro area recording a rate of 6.3%

08:06 - 02 June 2026

Cyprus Hotel Association Director General says he is hopeful for tourism sector recovery, amid 20% losses

Christos Angelides added that the entire hotel industry's effort is “to maintain high standards of quality and service"

07:59 - 02 June 2026

FID and agreements for 'Cronos' expected within June, Energy Minister says

Michael Damianos also said that he will travel to Washington next week as part of the 3+1 format with Greece and Israel

07:43 - 02 June 2026

5493000373386174 Ambassador of Kazakhstan

Ambassador Nikolay Zhumakanov: The presidential and business delegation visit to Astana is a milestone in Cyprus-Kazakhstan relations

Kazakhstan’s Ambassador to Cyprus notes that there are many sectors ripe for cooperation between the two countries

07:00 - 02 June 2026

Costas Markides: The mission to Kazakhstan under the President paves the way for new investments, institutional collaborations and direct flights

The President of the Cyprus-Kazakhstan Business Association shares his view on the upcoming visit and its significance

07:00 - 01 June 2026

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Philokypros Roussounides: Kazakhstan is a rapidly growing economy with prospects - The goal of the business mission to Astana

The business mission will take place between 2 and 4 June and include a Business Forum and B2B meetings

07:00 - 31 May 2026

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