News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus expands research support scheme with cybersecurity innovation programme
Nicosia, Cyprus. State Aid Control Commissioner Stella Michaelidou has approved amendments to the Restart 2016–2020 research and innovation support measure, increasing its budget and adding a cybersecurity innovation programme. Updated scheme The measure, titled…
EconomyCyprus growth forecast cut to 2.7% for 2026 as inflation expected to rise
Nicosia, Cyprus. Cyprus’ economy is projected to grow by 2.7 per cent in 2026, while inflation is expected…
EconomyCyprus AI Factory Pharos-CY grant scheme cleared under EU state aid rules
Nicosia, Cyprus. State Aid Control Commissioner Stella Michaelidou has ruled that the grant scheme financing the operation of…
EconomyKronos gas project seen as opening path for wider Cyprus offshore development
Nicosia, Cyprus. The final investment decision by the Eni and TotalEnergies consortium to develop the Kronos natural gas…
EconomyBank of Cyprus expected to post strong quarter as sector profits rise
Nicosia, Cyprus. Bank of Cyprus is expected to report another strong quarter, with analysts forecasting robust profitability and…
EconomyCyprus energy strategy enters decisive phase as Kronos production targets 2028
Nicosia, Cyprus. The next two years will be decisive for Cyprus’ energy strategy as the country moves from…
EconomyBird Aviation signs seven-year maintenance agreement with easyJet
Larnaca, Cyprus. Aircraft maintenance firm Bird Aviation has signed a long-term agreement with low-cost airline easyJet to provide…
EconomyCyprus average monthly earnings rise 3.7 per cent in first quarter of 2026
Nicosia, Cyprus. Average gross monthly earnings in Cyprus rose by 3.7 per cent year on year to €2,601…
EconomyCyprus Shipping Association welcomes proposed EU ETS revision
Nicosia, Cyprus. The Cyprus Shipping Association said the proposed revision of the European Union Emissions Trading System could…
EconomyDemetra Holdings repurchases 3,815 shares on Cyprus Stock Exchange
Nicosia, Cyprus. Demetra Holdings Plc announced on Wednesday that it repurchased 3,815 of its own shares on the…
EconomyFactorial targets South-Eastern Europe expansion after $2.5bn valuation
Barcelona, Spain. Factorial is expanding its AI-driven business management platform and prioritising South-Eastern Europe after securing Series D…