News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus to introduce bridge loans for farmers awaiting CAP grants
Nicosia, Cyprus. Cyprus will introduce a bridge loan scheme this year to help farmers finance investments before receiving approved grants under the Common Agricultural Policy, Agriculture Minister Maria Panayiotou said on Thursday. The scheme…
EconomyDemetra Holdings buys back 4,440 shares at €1.47 each
Nicosia, Cyprus. Demetra Holdings Plc repurchased 4,440 of its own shares on July 29, 2026, under its ongoing…
EconomyCyprus unemployment rate falls to 3 per cent in June 2026
Nicosia, Cyprus. Cyprus’ seasonally adjusted unemployment rate fell to 3 per cent in June 2026, placing the country…
EconomyCyprus energy bodies discuss measures to reduce electricity costs
Nicosia, Cyprus. Delegations from Cyprus’ transmission system operator and the energy markets association met to discuss efforts to…
EconomyBank of England holds rates at 3.75% in 6-3 vote
London, United Kingdom. The Bank of England left its benchmark interest rate unchanged at 3.75% on Thursday, with…
EconomyPublic Group reports higher sales and profitability in 2025
Athens, Greece. Public Group reported stronger operational performance in 2025, with consolidated sales exceeding €500 million, higher profitability…
EconomyMall of Engomi and Mall of Cyprus shareholders approve 2025 accounts
Strovolos, Cyprus. Shareholders of The Mall of Engomi (ME) Plc and The Mall of Cyprus (MC) Plc approved…
EconomyCBC governor warns energy prices are increasing inflation risks
Nicosia, Cyprus. Central Bank of Cyprus governor Christodoulos Patsalides said inflation risks are gradually increasing due to persistently…
EconomyBank of Cyprus named Cyprus’ Best Digital Bank at Euromoney Awards
Nicosia, Cyprus. Bank of Cyprus has been named Cyprus’ Best Digital Bank at the Euromoney Awards for Excellence…
EconomyCyta board outlines transformation and investment programme for 2024-2026
Nicosia, Cyprus. Cyta’s board of directors on Thursday presented its report for the February 2024 to July 2026…
EconomyKronos gas project advances as Bird Aviation secures easyJet maintenance deal
Nicosia, Cyprus. The final investment decision for the Kronos natural gas field in block 6 of Cyprus’ exclusive…