Economy

EU Ministers meet in Nicosia to discuss Common Fisheries Policy

Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, will chair the meeting

08:34 - 05 May 2026

Retail trade up by 7.8% in value and by 5.8% in volume in March 2026

For the period January–March 2026, retail trade recorded an increase of 6.6% in value and 6.4% in volume, compared to the corresponding period in 2025

08:14 - 05 May 2026

Christos Angelides Cyprus Hotel Association PASYXE

Summer bookings down 25% so far, Hotels Association Director General says

Christos Angelides notes hotel occupancy rates for this summer are currently around 40%–50%, whereas in the same period of 2025, they were close to 75%

08:09 - 05 May 2026

IMF urges Cyprus to resist foreclosure changes as NPL risks persist

Mission chief Alex Pienkowski stressed that vulnerabilities persist, especially outside the banking sector, and called for intensified efforts to address legacy debt

07:50 - 05 May 2026

President in Athens for DEFEA conference, meetings with Commissioner Kubilius and Minister Dendias

The Minister of Defence Vassilis Palmas, Deputy Government Spokesperson Yiannis Antoniou, and other officials are accompanying the President

07:44 - 05 May 2026

Nicky Xenofontos: Without a modern, fully-fledged foundation regime, Cyprus is effectively limiting its addressable market

The Chair of STEP Cyprus on why introducing a comprehensive Foundations Law in addition to its trusts offering would be a strategic upgrade for Cyprus

07:00 - 05 May 2026

Government surplus of €573.3m or 1.5% of GDP in Q1,2026

In comparison, during the same period of 2025 a surplus of €600.6m (1.6% of GDP) was recorded

15:27 - 04 May 2026

More than 4.5 million tourists visited Cyprus in 2025, creating an estimated revenue of €3.6961b

Specifically, 4,534,073 tourists arrived in Cyprus in 2025, compared to 4,040,200 in 2024, a 12.2% increase

15:19 - 04 May 2026

CSC welcomes renewed spirit of cooperation and constructive dialogue at IMO MEPC 84

The dialogue aims at moving towards a realistic global agreement on shipping decarbonisation, the Cyprus Shipping Chamber noted

12:34 - 04 May 2026

Air transport under pressure: Fuel costs are a game changer

How operating costs are distributed and why fuel dominates

07:56 - 04 May 2026

Industrial output prices slightly down in March on an annual basis

An increase was recorded in the sectors of mining and quarrying (1.6%), manufacturing (1.3%) and water supply and materials recovery (0.8%)

13:17 - 30 April 2026

NEWS FEED

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Christoph Pliessnig: Cyprus, with Larnaca as a key operational node, will move from promising to unassailable as the most trusted EU gateway for serious digital asset business

9 hours agoCurrent Affairs

Voters given multiple options to locate polling stations before Sunday vote

9 hours agoCurrent Affairs

The Parties' positions on the economy – Rising prices, housing, and energy costs take centre stage

1 day agoCurrent Affairs

Cyprus and Lithuania have a lot in common and can find more ways to cooperate, Vaitiekunas SAYS

ALL NEWS

Inflation in Cyprus at 3% in April, according to Eurostat

Cyprus has now moved exactly in line with the average, following lower readings in previous months, when inflation stood at 1.5% in March

13:13 - 30 April 2026

5467696028806010 Informal Councils of Transport Ministers and Ministers responsible for maritime transport

Apostolos Tzitzikostas emphasises that the EU is working to secure alternative supply routes for Europe

The European Commissioner for Sustainable Transport and Tourism was speaking after an Informal Council meeting in Nicosia

08:28 - 30 April 2026

Total loans up by half a billion in March 2026, official data show

The annual growth rate of total loans stood at 12.6%, compared with 12.3% in February 2026

08:13 - 30 April 2026

CypERC reports economic sentiment improvement in April 2026, following three months of decline

The Economic Sentiment Index rose by 2.1 points compared to March, an increase driven by less negative business sentiment among services sector firms

08:10 - 30 April 2026

5467678595583172 Theocharides Christodoulides new

CySEC is a cornerstone of our financial architecture, the President says

Nikos Christodoulides was addressing an event to mark the Cyprus Securities and Exchange Commission's 30th anniversary

07:58 - 30 April 2026

Finance Minister discusses Cyprus EU Presidency priorities with ESMA Chair

The promotion of policies aimed at strengthening financial stability within the Union was discussed during Makis Keravnos' meeting with Verena Ross

07:50 - 30 April 2026

Andreas Karapatakis: The AEK Arena was completed in record time and at a significantly lower cost than that of similar stadiums, largely with local contractors

The Chairman of AEK Larnaca FC and CEO of AJK Wealth Management Group discusses the city's strengths and further financial growth and investment potential

07:00 - 30 April 2026

Marios Skandalis: A new chapter is beginning for the Association of Cyprus Banks

The Association's new approach aims at a more active and influential role, through dialogue and proactive development of synergies

13:42 - 29 April 2026

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