News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyECB should not rush rate hikes amid energy-driven inflation rise, Cypriot central bank chief says
Brussels, Belgium. Cypriot central bank chief Christodoulos Patsalides said the European Central Bank should not rush to raise interest rates in response to surging energy costs, citing no current signs that inflation is becoming…
EconomyCyprus petroleum product sales edge up 0.1% in February 2026, Cystat reports
Nicosia, Cyprus. Total petroleum product sales in Cyprus reached 111,922 tonnes in February 2026, a 0.1% increase compared…
EconomyCyprus to start screening certain foreign direct investments from April 2, 2026
Nicosia, Cyprus. Cyprus will begin screening certain foreign direct investments from April 2, 2026 under a new law…
EconomyHouse unanimously approves Cyprus Ports Authority budget of €83.95 million
Nicosia, Cyprus. The House of Representatives unanimously approved the Cyprus Ports Authority (CPA) budget totaling €83,950,909. The 2026…
EconomyCyprus Stock Exchange admits 4,167 additional iDNA Genomics shares to trading
Nicosia, Cyprus. The Cyprus Stock Exchange council announced the admission to trading of 4,167 additional shares of iDNA…
EconomyCosmos Insurance approves 2025 audited financial statements and proposes €1 million dividend
Nicosia, Cyprus. Cosmos Insurance Public Company Ltd said its board of directors approved the company’s audited financial statements…
EconomyCyprus Stock Exchange announces April 2026 Easter trading suspensions and office closures
Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) announced its Easter holiday schedule, outlining trading, clearing and settlement suspensions…
EconomyEU sweep finds widespread misleading online discounts during Black Friday and Cyber Monday
Brussels, Belgium. A coordinated consumer protection sweep involving Cyprus and 22 other EU member states found that 30…
EconomyEU institutions agree on major customs reform, described as biggest overhaul since 1968
Brussels, Belgium. The Council of the EU and the European Parliament have reached a political agreement on the…
EconomyCyprus ranks near bottom in EU financial literacy survey amid continued high spending
Nicosia, Cyprus. A European Commission assessment has placed Cyprus near the bottom of the EU for basic financial…
EconomyCBC official calls for stronger investor trust to advance EU Savings and Investment Union
Nicosia, Cyprus. A Central Bank of Cyprus official has called for strengthening investor confidence as a key pillar…