News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEuro area trade surplus fell to €11.5 billion in February 2026, Eurostat reports
Brussels, Belgium. Eurostat reported that the euro area’s trade surplus declined in February 2026 from the same month a year earlier, as exports fell and imports also decreased. The bloc nevertheless moved from a…
EconomyCyprus employment rate hits 81.3% in 2025, above EU average, Eurostat reports
Nicosia, Cyprus. Cyprus recorded an employment rate of 81.3% in 2025, above the EU average of 76.1%, according…
EconomyHybrids exceed half of Cyprus saloon car registrations in first quarter, EV share remains below 5%
Nicosia, Cyprus. Hybrid cars made up more than half of Cyprus’ passenger saloon car registrations in the first…
EconomyCyprus chamber highlights Market Access Day 2026 as boost for firms’ international expansion
Limassol, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) said Cyprus Market Access Day (MAD) 2026 is…
EconomyMark O’Neil leaves Columbia Group as president and CEO with immediate effect
Nicosia, Cyprus. Mark O’Neil has left his role as president and chief executive of Cyprus-headquartered Columbia Group with…
EconomyCyprus and Greece to renew investment cooperation with Invest Cyprus-Enterprise Greece memorandum
Athens, Greece. Cyprus and Greece will renew and expand cooperation in foreign investment through a strategic memorandum of…
EconomyCyprus highlights investment appeal as PwC Cyprus reports €6.5 billion real estate transactions in 2025
Limassol, Cyprus. Trade Minister Michael Damianos said on Thursday that Cyprus is open for business as a stable,…
EconomyFreedom Holding Corp. acquires ChessBase, plans €5 million investment in AI and digital expansion
Hamburg, Germany. Freedom Holding Corp. announced the acquisition of ChessBase, describing it as part of a strategy to…
EconomyRussia weighs early return to forex market as rouble rallies, Siluanov says
Moscow, Russia. The Russian government is considering an early return to the foreign currency market after the rouble…
EconomyCyprus House extends discounted VAT eligibility period for first-home permit applicants
Nicosia, Cyprus. The House on Thursday passed legislation extending the period during which first-home permit applicants may qualify…
EconomyCyprus says it is open for business, highlights foreign investment and 2025 growth
Limassol, Cyprus. Trade Minister Michael Damianos said Cyprus is open for business as a stable, predictable and secure…