Economy

Slight CCLEI slowdown in October, economy continues to perform well, CypERC says

This rise follows annual increases of 2.0% in September, 2.1% in August, and 2.2% in July 2025

07:50 - 06 November 2025

Minister of Energy discusses deepening Cyprus–Egypt cooperation in Abu Dhabi

Papanastasiou also held a series of meetings with leading figures of the international energy market

07:42 - 06 November 2025

5315888389919805 MixCollage-05-Nov-2025-02-47-PM-7694 (1)

Shri Manish: "Indian IT firms are entering Cyprus, not only to provide services but also to position themselves strategically within the EU digital single market"

The Indian High Commissioner to Cyprus shares his view on the expanding business relationship between Nicosia and New Delhi

07:00 - 06 November 2025

5315887391264206 employment unemployment

Number of unemployed persons down 8.8% in October

The number of unemployed persons registered at the District Labour Offices on the last day of October 2025 reached 7,099 persons

14:40 - 05 November 2025

A total of €55 million allocated under “THALEIA 2021–2027” for parks in Cyprus

Τhe initiative aims to promote sustainable mobility, environmental awareness, and an improved quality of life for citizens

08:15 - 05 November 2025

Cyprus allocates 38% of the Agriculture Ministry’s 2026 budget to water projects

A key strategic shift in 2026 involves the permanent operation of desalination units for water procurement

12:50 - 04 November 2025

SAFE funding will be used to cover National Guard's needs by the end of 2030, Minister says

Vassilis Palmas was addressing a discussion on European defence and Cyprus’ role, organised by Cypriot MEP Costas Mavrides

08:33 - 04 November 2025

Retail trade turnover increases by 6.3% in value and 9% in volume in September

CySTAT has released its most recent figures on the Turnover Volume Index of Retail Trade

08:11 - 04 November 2025

Papanastasiou in Abu Dhabi and Athens for high-level energy meetings

Papanastasiou will hold bilateral meetings with senior executives from leading energy companies among other contacts

08:07 - 04 November 2025

5313946915579294 Cyprus Shipping Chamber

Cyprus Shipping Chamber supports common efforts towards decarbonisation

Now that IMO-led discussions have been postponed, the CSC said the additional time should be used constructively

09:39 - 03 November 2025

Shipping Deputy Ministry: Cyprus' ship registry has increased by 20% since 2023

Permanent Secretary Stelios Himonas also noted a 4.5% rise in the number of companies registered under the Tonnage Tax System

08:05 - 03 November 2025

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ALL NEWS

Economic Sentiment in Cyprus strengthens in October

This increase was driven by stronger business confidence in the services and construction sectors, CypERC said

08:00 - 03 November 2025

Euro area annual inflation falls in October 2025, Cyprus records a slight increase

Cyprus saw a rise from 0.0% in September to 0.3% in October 2025

07:55 - 03 November 2025

The main provisions of the six tax reform bills - What is anticipated to change for businesses and households

The aim of tax reform is to ensure a fairer tax system, which would burden different economic strata proportionally

08:38 - 31 October 2025

Cyprus has utilised €700m from EU Cohesion Policy Programme, according to the Finance Ministry

Members of the European Parliament had the opportunity to visit projects co-funded by the EU under the THALIA Programme

08:04 - 31 October 2025

Industrial production records annual increase in August and in first eight months of the year

The Industrial Production Index recorded an increase of 2.8% compared to the corresponding period of the previous year

07:58 - 31 October 2025

5311290777996016 Chair of the EU’s Anti-money Laundering Authority (AMLA), Bruna Szego

AMLA Chair visits Cyprus to strengthen strategic cooperation with national authorities

"Cooperation and coordination will be crucial for us as a community to succeed in our mission,” Bruna Szego noted

07:52 - 31 October 2025

Tourism revenue hits record of €581.8m in August, €2.47b in eight months

In August this year, tourist arrivals rose to 602,026, compared to 554,923 in August last year

07:48 - 31 October 2025

Real GDP growth in Cyprus to slow from 3.9% in 2024 to 3.5% in 2025, CypERC says

The forecasts for 2025 and 2026, it notes, are higher by 0.3 and 0.2 percentage points, respectively, than in the July report

07:41 - 31 October 2025

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