News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus deputy shipping ministry hosts educational day for students at Limassol maritime centre
Limassol, Cyprus. Cyprus’ Deputy Ministry of Shipping held an educational day on Tuesday for 95 students from lyceums and technical schools in Limassol and Paphos to introduce them to the shipping industry. The event…
EconomyCompetitive Electricity Market data highlights volume-weighted prices and zero-price solar hours
Brussels, Belgium. Publicly available data from the Competitive Electricity Market is providing a detailed picture of prices and…
EconomyCyprus inflation rises to 1.5% in March 2026 as PwC survey flags skills shortages
Nicosia, Cyprus. Eurostat estimated Cyprus annual inflation at 1.5% in March 2026, up from the previous month. A…
EconomyHouse committee reviews amendments to financial commissioner law ahead of June 2026 start
Nicosia, Cyprus. The House finance committee examined legal and substantive changes to a proposed law on the financial…
EconomyZero VAT introduced for selected meat and fish categories from April to September 2026
Nicosia, Cyprus. The Tax Department announced the implementation of a zero VAT rate on specific categories of meat…
EconomyCyprus-based FKM Eats outlines plans to produce cultivated meat, focusing on souvla and souvlaki cuts
Nicosia, Cyprus. Cyprus-based FKM Eats said it is planning to produce cultivated meat on the island, citing disease…
EconomyAphrodite gas project decision possible in early 2027, first gas targeted for 2029 or 2030
Nicosia, Cyprus. Cyprus’ energy minister said a final investment decision on the Aphrodite gas concession could be taken…
EconomyEU energy ministers discuss price volatility and supply security after Strait of Hormuz closure
Brussels, Belgium. Cyprus Energy Minister Michael Damianos said the European Union is exposed to external price volatility in…
EconomyEAC forecasts lower electricity bills in April but warns rises may follow if fuel prices stay high
Nicosia, Cyprus. The Electricity Authority of Cyprus (EAC) said electricity prices in April are expected to be lower…
EconomyBank of Cyprus Holdings reports issued share capital and total voting rights
Dublin, Ireland. The Bank of Cyprus Holdings Public Limited Company said its total issued share capital stands at…
EconomyCSE lists 62.79 million additional Globalwealth Group Plc shares on Emerging Companies Market
Nicosia, Cyprus. The Cyprus Stock Exchange on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth…