News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyLogicom expects slight first-quarter 2026 turnover decline amid Gulf conflict impact
Nicosia, Cyprus. Logicom Public Ltd said it expects a slight decrease in turnover in the first quarter of 2026 compared with the same period in 2025, citing deteriorating business conditions linked to conflict in…
EconomySkills shortages top Cyprus CEOs’ concerns in 15th Annual PwC Cyprus CEO Survey
Nicosia, Cyprus. Skills shortages have overtaken cyber risks and economic volatility as the primary concern for business leaders…
EconomyDamianos calls for stronger EU energy supply security amid Middle East-linked price spikes
Nicosia, Cyprus. Energy Minister Michael Damianos said the EU needs to strengthen the security of its energy supply…
EconomyICPAC appoints Andreas Papadatos as new general manager effective May 1, 2026
Nicosia, Cyprus. The Institute of Certified Public Accountants of Cyprus (ICPAC) announced the appointment of Andreas Papadatos as…
EconomyCyprus average hourly labour costs reach €21.7 in 2025, Eurostat says
Nicosia, Cyprus. Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a…
EconomyEurostat estimates Cyprus annual inflation rose to 1.5% in March 2026
Nicosia, Cyprus. Eurostat said annual inflation in Cyprus is estimated to have risen to 1.5% in March 2026,…
EconomyDemetra Holdings repurchases 7,500 shares under buyback programme
Nicosia, Cyprus. Demetra Holdings Plc said it repurchased 7,500 of its own shares as part of its share…
EconomyCosmos Insurance to hold annual general meeting in Nicosia on May 14, 2026
Nicosia, Cyprus. Cosmos Insurance Public Company Limited announced it will convene its annual general meeting for shareholders on…
EconomyAgriculture ministry allocates €2.5 million to restore abandoned vineyards
Nicosia, Cyprus. The agriculture ministry has allocated €2.5 million to support the revitalisation of abandoned vineyards, offering funding…
EconomyCyprus industrial output prices index rises to 122.9 units in February 2026, Cystat says
Nicosia, Cyprus. Cyprus Statistical Service (Cystat) said the Index of Industrial Output Prices reached 122.9 units in February…
EconomyEU urged to prepare for prolonged energy market disruption as Iran war drives price concerns
Brussels, Belgium. European Union governments should prepare for a potentially prolonged disruption to energy markets stemming from the…