News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus posts improved current account, investment position and external debt figures for 2025
Nicosia, Cyprus. The Central Bank of Cyprus published preliminary external statistics indicating improvements in the country’s current account balance, international investment position and external debt levels in 2025. Current account balance The central bank’s…
EconomyCyprus-Greece high technology and innovation conference completed in Athens, Keve says
Athens, Greece. The Cyprus Chamber of Commerce and Industry (Keve) announced the completion of the Cyprus-Greece high technology…
EconomyAthlos Capital wins two awards at Euromoney Private Banking Awards 2026 in London
London, United Kingdom. CySEC-regulated investment firm Athlos Capital said it has secured two distinctions at the Euromoney Private…
EconomyTrade unions and CTP challenge decree halting cost-of-living allowance payments in court
Nicosia, Cyprus. Turkish Cypriot trade unions and the opposition political party the CTP on Thursday filed a case…
EconomyBank of England to feature wildlife on next banknote series after public consultation
London, United Kingdom. The Bank of England will feature images of animals on its next series of banknotes,…
EconomyCyprus inflation rises in March as CPI climbs and Eurostat estimates acceleration
Nicosia, Cyprus. Cyprus inflation increased in March 2026, with consumer prices rising compared with both the previous month…
EconomyCyprus parliament approves temporary fuel consumption tax cut amid rising prices
Nicosia, Cyprus. Parliament on Thursday approved government plans to temporarily reduce the fuel consumption tax, citing rising prices…
EconomyCyprus retail trade turnover rises in February 2026, Cystat reports
Nicosia, Cyprus. The Cyprus Statistical Service (Cystat) reported a year-on-year increase in retail trade turnover in February 2026,…
EconomyEurobank wins two Euromoney Private Banking Awards 2026 distinctions in Cyprus
Nicosia, Cyprus. Eurobank said it secured two distinctions at the Euromoney Private Banking Awards 2026, reinforcing its position…
EconomyCyprus Trading Corporation advances mandatory takeover bid for Ermes after stake increase
Nicosia, Cyprus. Cyprus Trading Corporation Plc is proceeding with a mandatory public takeover bid for Ermes Department Stores…
EconomyAudit Office says Cyprus-Greece ferry ran at 49% capacity while fully subsidised from 2022 to 2025
Nicosia, Cyprus. Cyprus’ Audit Office said the Cyprus-Greece ferry service operated at an average of 49% of full…