Economy

Unemployment in February records annual decrease of 3.8%

Also, unemployment in January 2026 stood at 4.2% in Cyprus, compared to 5.8% in the EU and 6.1% in the Eurozone

07:53 - 05 March 2026

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Producer prices in Cyprus down by 0.9% in January, according to Eurostat

On an annual basis, in January 2026 industrial producer prices decreased by 2.1% in the euro area and by 1.9% in the EU, compared with January 2025

07:49 - 05 March 2026

Tassos J. Yiasemides on the Middle East: The effects on the economy will depend on the duration of the conflicts

The economist also discussed the sectors he anticipates are the most likely to be impacted

13:32 - 04 March 2026

Counterfeit euro banknotes up 17.1% in 2025 in Cyprus, CBC says

According to the data, €50 and €20 notes continued to be the most counterfeited banknotes, jointly accounting for 80.2% of the total

11:43 - 04 March 2026

Nineteen vessels under Cypriot flag currently in Persian Gulf, all safe, Deputy Ministry says

"The safety of ships and human life at sea is a top priority of the Deputy Ministry of Shipping, which monitors developments on a 24-hour basis," it adds

10:21 - 04 March 2026

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Nicosia ranks second best destination in Europe for 2026 according to the city's Tourism Board

In addition, Nicosia has also been recognised as Europe’s Best Cultural Destination 2026

07:55 - 04 March 2026

5417831407825980 George Stavrou, Head, Defence Industry Development Department, Ministry of Defence

Ministry of Defence: The Cyprus-India partnership is entering a new strategic phase

Kountouris' speech was read by George Stavrou, Head, Defence Industry Development Department, Ministry of Defence

07:04 - 04 March 2026

Federation of the Israeli Chambers of Commerce: International business flows continue without interruption

Customs and regulatory authorities remain active at operational ports and cargo terminals, supporting ongoing import and export activities

07:02 - 04 March 2026

Cyprus-India: Strategic approaches, regional perspectives and courting an Indian airline for direct flights

What institutions, academics and industry representatives anticipate regarding the future of energy

07:01 - 04 March 2026

Nicholas A. Ioannides: We are moving towards a more specialised mobility framework between Cyprus and India

The Deputy Minister was speaking at the podium of the India–Cyprus Business & Investment Summit 2026

15:05 - 03 March 2026

Irene Piki: Cyprus-India relations are in their most dynamic phase of recent decades

"Cyprus is investing in three main axes for its strategic integration into the India - Middle East - Europe Economic Corridor: in transport, energy and shipping," she added

13:19 - 03 March 2026

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ALL NEWS

Michael Damianos: The EU-India agreement opens up new prospects for Cyprus in shipping, energy and green technology

The Energy Minister said that “Cyprus is strategically positioned to play a constructive role" in India's EU trade efforts

11:47 - 03 March 2026

Demetris Skourides: New chapter of Cyprus-India cooperation in AI, semiconductors and space

The Chief Scientist was addressing the India-Cyprus Business & Investment Summit 2026, organised by the High Commission of India in Cyprus

11:34 - 03 March 2026

Ministry of Foreign Affairs: India is a reliable friend for the future - We are building common value chains

Minister Kombos' greeting was read, on his behalf, by Demetris Assos, Head of the Asia & Oceania Directorate of the Ministry of Foreign Affairs

10:45 - 03 March 2026

Stavros Stavrou: Cyprus is the starting point of Indian businesses' European strategy

In his address at the India–Cyprus Business & Investment Summit 2026, Stavrou emphasised that India is a “defining force of the 21st century”

10:31 - 03 March 2026

High Commissioner Manish: Key agreements and expansion of bilateral cooperation between India and Cyprus in defence and economic matters

He was addressing the India–Cyprus Business & Investment Summit 2026 organised by the High Commission of India in Cyprus

10:23 - 03 March 2026

Chrysilios Pelekanos: The number of major Indian companies choosing Cyprus as a base is increasing

Pelekanos also referred to the increase in high-level meetings at the government's initiative and the conclusion of memoranda of cooperation between the two countries

10:17 - 03 March 2026

Cyprus in the shadow of the conflict with Iran: Economy and businesses on alert – Strength in fuel adequacy and composure

Beyond the obvious security concerns, the impact is already being felt on the island’s economy and business community

09:06 - 03 March 2026

Cyprus records the lowest percentage of women in managerial positions in the EU, according to Eurostat

In 2024, women held 25.3% of managerial positions in Cyprus, a percentage recorded as the lowest in the European Union

08:22 - 03 March 2026

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