Economy

Minister Moushouttas stresses the need for a fair transition in the digital age before the EP

The impact of AI “lies in the radical transformation of the way millions of people work on a daily basis,” shifting the discussion from job losses to the nature of work

08:18 - 16 April 2026

5455588128003515 Christos Christou ACTTA

Tourist arrivals down by 30% in March, ACTTA Vice President says

Christos Christou added that arrivals were also significantly lower in the second half of April and in connection to reservations for May

08:08 - 16 April 2026

Christos Zannettou: Occupancy of Ayia Napa hotels decreased by 40% in April due to the conflict in the Middle East

Despite the drop, the Mayor of Ayia Napa said the municipality and other stakeholders remain moderately optimistic about the tourism season

12:49 - 15 April 2026

How a new government bill aims to regulate diving tourism in Cyprus

The Deputy Ministry of Tourism, through this bill, aims to fill the legislative gap that exists in the recreational diving sector and boost safety in the sector

08:19 - 15 April 2026

Labour Minister in Brussels for EP Employment Committee meeting

Marinos Moushouttas will talk about work in the digital age and the worsening of work stress due to artificial intelligence and new forms of employment

07:50 - 15 April 2026

Promoting territorial cohesion for EU competitiveness a priority, Interior Minister says

Constantinos Ioannou was addressing the inaugural session of the Territorial Futures Forum, organised in the framework of Cyprus' Presidency of the EU Council

07:42 - 15 April 2026

Cyprus records current transactions deficit of €817 million in Q4 2025

At the same time, in the services sector, Cyprus recorded a surplus of €2.5 billion in the fourth quarter of 2025

08:21 - 14 April 2026

Cyprus among EU member states with the highest growth in labour productivity

Labour productivity in the EU increased by 0.8% y-o-y in the fourth quarter of 2025, with the highest increases recorded in Lithuania, Poland, Cyprus and Malta

08:04 - 14 April 2026

"Satisfactory" activity in the Easter market, Retail Trade Association says

The General Secretary of the Pancyprian Retail Trade Association (PASYLE), Marios Antoniou, also noted that there had not been disruptions to the supply chain

07:48 - 14 April 2026

Hotel occupancy rates at 25–45% over Easter, Hotel Association Director General says

"The campaign promoting Cyprus as a safe and welcoming destination, with all the advantages it has offered over the years, must continue," Christos Angelides said

07:38 - 14 April 2026

Annual increase of 7.8% in tourism revenues in January

Data gathered by the Cyprus Statistical Service records important annual increase

14:40 - 09 April 2026

NEWS FEED

11 hours agoPeople

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

11 hours agoCurrent Affairs

Voters given multiple options to locate polling stations before Sunday vote

11 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

Marios Antoniou: Easter food shopping is moving at a normal pace, footfall is peaking, and there is enough reasonably-priced lamb available

The General Secretary of the Pancyprian Retail Trade Association (PASYLE) noted that clothing and footwear sales were expected to increase when the weather changes

10:30 - 09 April 2026

CCCI: Tourism at a critical point - immediate state intervention needed before losses become irreversible

Failure to take immediate action may lead to knock-on effects with wider social and economic consequences, the Chamber's Tourism Committee warns

10:11 - 09 April 2026

5449599892490904 political leaders panel

Political party leaders have their say at the 16th Nicosia Economic Forum

The leaders were called upon to take a position on issues that directly affect the daily lives of citizens, including a higher cost of living and housing

09:47 - 09 April 2026

5449588065633585 economic congress panel

The Cypriot economy at a turning point: Investments, AI and the obstacles to what comes next

Representatives of the business community discussed the prospects of the Cypriot economy during the recnt 16th Nicosia Economic Congress

09:27 - 09 April 2026

Industrial producer prices in Cyprus increase by 1.1%, according to Eurostat

In contrast, in the euro area industrial producer prices decreased by 0.7% on a monthly basis and by 3.0% on an annual basis

08:11 - 09 April 2026

Bounced cheques worth a total of €47,773 reported in March

A total of 15 persons were registered in the CIR, six legal entities, two natural persons, and seven natural persons controlling legal entities

07:59 - 09 April 2026

General Government surplus of €593.3m in first two months of 2026

During the period of January-February 2026, total revenue increased by €23.4m (0.9%) and amounted to €2,711.3m

07:56 - 09 April 2026

Deputy Minister of Tourism expresses cautious optimism after contacts in London

Kostas Koumis made particular reference to the month of May, noting that despite negative reports in recent weeks, it has not been “lost” in tourism terms

07:51 - 09 April 2026

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