News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyNational Bank of Greece to redeem £200 million bond early after exercising call option
Athens, Greece. The National Bank of Greece (NBG) announced it will proceed with the early repayment of a bond loan, exercising its call option ahead of the bonds’ June 2, 2027 maturity. The bank…
EconomyDemetra Holdings buys back 2,615 shares at €1.45 each under authorised programme
Nicosia, Cyprus. Demetra Holdings Plc has repurchased 2,615 of its own shares at €1.45 per share through the…
EconomyCyprus Shipping Chamber welcomes continued IMO talks on global shipping decarbonisation deal
London, United Kingdom. The Cyprus Shipping Chamber (CSC) welcomed the decision of International Maritime Organisation member states to…
EconomyStelios Bi-Communal Awards to recognise Greek Cypriot and Turkish Cypriot ventures in Nicosia
Nicosia, Cyprus. The Stelios Bi-Communal Awards for Business Co-operation in Cyprus will be held on June 8 in…
EconomyDerogations Council reviews two shopping centre applications in eastern Limassol
Limassol, Cyprus. The Derogations Council began examining two applications for shopping centre developments in eastern Limassol in late…
EconomyEllinas Finance approves €210,000 second issuance under Series F bond programme
Nicosia, Cyprus. Ellinas Finance Public Company Limited said its board of directors approved and proceeded with a second…
EconomyCyprus posts €573.3 million fiscal surplus in Q1 2026 as DDoS attacks rise, report says
Nicosia, Cyprus. Cyprus recorded a general government fiscal surplus of €573.3 million in January-March 2026, according to preliminary…
EconomyUK mortgage approvals hit four-month high in March as consumer credit growth quickens, BoE data show
London, United Kingdom. British lenders approved the most mortgages in four months in March while consumer lending grew…
EconomyIMF warns changes to Cyprus foreclosure framework could slow bad-loan cleanup and raise borrowing costs
Nicosia, Cyprus. The International Monetary Fund said Cyprus’ banking sector remains resilient but shows limited vigour, warning that…
EconomyPetrolina confirms 2025 final results and proposes 2.0 cent per share final dividend
Larnaca, Cyprus. Petrolina (Holdings) Public Ltd confirmed its final financial results for the year ended December 31, 2025,…
EconomyDemetra Holdings Plc completes repurchase of 4,050 shares at €1.455 each
Nicosia, Cyprus. Demetra Holdings Plc said it completed the repurchase of more than four thousand of its own…