News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEurobank finances new UNIC Athens campus project exceeding €65 million
Athens, Greece. Eurobank said it has financed the development of the new UNIC Athens campus in the Elliniko area, a project exceeding €65 million. The bank said the investment expands the presence of the…
EconomyAmCham Cyprus hosts Central Bank governor at Breakfast Series and holds farewell for US ambassador
Nicosia, Cyprus. The American Chamber of Commerce in Cyprus hosted Central Bank of Cyprus governor Christodoulos Patsalides at…
EconomyUnions await labour ministry decision on extending hotel worker subsidy scheme as May bookings lag
Nicosia, Cyprus. Trade unions representing hotel employees said they expect a response in the coming days from the…
EconomyCyprus Shipping Deputy Minister to visit Chios and Brussels for maritime forums and inclusion conference
Nicosia, Cyprus. Shipping Deputy Minister Marina Hadjimanolis departed Cyprus on Thursday for a working visit to Chios and…
EconomyECB paper says Cyprus stands out in euro area financial networks
Nicosia, Cyprus. Cyprus has emerged as an outlier in euro area financial networks, according to a European Central…
EconomyCyprus team developing M³Phantom outlines progress and commercial goals for medical imaging system
Nicosia, Cyprus. A Cyprus-based research-to-market team developing the M³Phantom medical imaging system has outlined its progress and commercial…
EconomyCyprus ranks among lowest in EU and EFTA for multinational enterprise employment share in 2024
Nicosia, Cyprus. Multinational enterprise groups employed 18 per cent of the workforce in Cyprus in 2024, according to…
EconomyCyprus industrial producer prices fall in March as euro area and EU post strong gains
Nicosia, Cyprus. Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases…
EconomyFCA investigates PayPal, Mastercard and Visa over alleged anti-competitive conduct in digital wallet agreements
London, United Kingdom. The Financial Conduct Authority has opened investigations into PayPal, Mastercard and Visa over alleged anti-competitive…
EconomyNational Bank of Greece reports €23.6 million operating profit in Cyprus for 2025
Nicosia, Cyprus. The National Bank of Greece (NBG) reported operating profits of €23.6 million in Cyprus for 2025,…
EconomyCyprus developers call for policy action to boost housing supply ahead of EU meeting
Brussels, Belgium. Cyprus Property Developers Association chairman Yiannis Misirlis called for urgent policy priorities to address the housing…