News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyKeve integrates CIBA as Cyprus pursues Aphrodite gas plans and CySEC hosts ESMA meetings
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) said it has integrated the Cyprus International Businesses Association (CIBA) into its structure to strengthen national-level representation. Separately, President Nikos Christodoulides urged faster offshore…
EconomyBank of England regulator proposes tougher capital rules for UK funded reinsurance deals
London, United Kingdom. The Bank of England’s Prudential Regulation Authority on Wednesday set out plans to tighten the…
EconomySberbank cuts Russia GDP growth forecast after weak first-quarter performance
Moscow, Russia. Sberbank has reduced its forecast for Russia’s gross domestic product growth in 2026 to between 0.5%…
EconomyCyprus outlines €91 million urban and rural regeneration programme as Apesia project enters second phase
Apesia, Cyprus. Interior minister Constantinos Ioannou outlined a three-year programme exceeding €91 million for urban and rural regeneration…
EconomyEU transport ministers discuss jet fuel supply pressures and energy security in Nicosia
Nicosia, Cyprus. Jet fuel availability, oil supply pressures and broader energy security concerns dominated talks as European transport…
EconomyDemetra Holdings Plc buys back 5,588 shares at €1.42 each
Nicosia, Cyprus. Demetra Holdings Plc purchased 5,588 of its own shares on April 28 as part of its…
EconomyNicosia district to install 72,000 smart water meters by year-end under €6.5 million deal
Nicosia, Cyprus. More than 70,000 smart water meters are set to be installed in the Nicosia district by…
EconomyAssociation of Cyprus Banks presents strategy to strengthen outward engagement and cooperation
Nicosia, Cyprus. The Association of Cyprus Banks presented a new strategy focused on strengthening outward engagement, as newly…
EconomyCyprus economic sentiment rises in April 2026 as CypERC warns of slowing momentum and uncertainty
Nicosia, Cyprus. The Economics Research Centre of the University of Cyprus (CypERC) reported that economic sentiment in Cyprus…
EconomyEurobank S.A. shareholders approve dividend, buyback programme, and compensation measures at AGM
Athens, Greece. Eurobank S.A. shareholders, meeting in a hybrid annual general meeting on April 28, approved a €258.7…
EconomyCentral Bank of Cyprus reports sharp rise in loans and deposits in March 2026
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) reported higher loan and deposit growth in March 2026, pointing…