economy

Makis Keravnos: No concerns about the 15% tax - "The government has no information about the possible withdrawal of companies"

The Minister explained that the Ministry of Finance is preparing an amending bill on this specific issue, following a decision by the European Commission

14:38 - 03 September 2026

Economy

CCCI and the Pancyprian Organisation of Large Families discuss the connection between demographics and the labour market

The CCCI underlined that supporting the family, and especially the large family, is an important investment for the future of Cyprus

10:19 - 03 September 2026

Economy

Hotel industry considers limiting losses for 2026 to 10% a success, Association representative says

The Director General of the Cyprus Hotel Association, Christos Angelides, says stakeholder efforts have paid off

08:04 - 03 September 2026

Economy

Price index of the means of agricultural production down 2.6% in Q1 2026

The largest annual decrease was recorded in the price of seeds and planting stock (-19.4%) and in the price of electricity (-10.95%)

08:01 - 03 September 2026

Economy

Credit standards for loans unchanged in Q2 2026, with household demand going up

Overall net demand for business loans remained unchanged, although there were lower financing needs for fixed investment by large enterprises

07:57 - 03 September 2026

Economy

Makis Keravnos: “We are growing at more than three times the European average, at a time when most European economies are struggling to maintain momentum"

The Finance Minister has commented on Cyprus' strong growth path and ongoing commitment to prudent fiscal policy

07:51 - 03 September 2026

Economy

Interior Minister announces Cabinet decision on compensation for recent storm damage

Constantinos Ioannou also noted that the District Administrations are continuing the process of assessing the damage

12:42 - 02 September 2026

5315887391264206 employment unemployment

Economy

Unemployment in Cyprus below EU average, according to Eurostat

Eurostat estimates that the number of unemployed people in Cyprus stood at 21,000 in July, compared with 20,000 in June and 23,000 in July 2025

07:48 - 02 September 2026

Economy

Petrol and diesel prices to rise in 2028 due to EU harmonisation, with €174m to be paid in compensatory measures, MPs hear

It was noted that support for vulnerable groups will cover the period from 2027 to 2032

07:32 - 02 September 2026

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