News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomySepie says competitive electricity market is most efficient model for lower costs and energy transition
Nicosia, Cyprus. The Cyprus Association of Electricity Suppliers’ Representatives (Sepie) said a competitive electricity market remains the most efficient model for achieving lower costs for consumers and a sustainable energy transition. The statement followed…
EconomyEuropean Commission finds Pornhub and Stripchat may have breached EU digital rules on minors’ protection
Brussels, Belgium. The European Commission said Pornhub and Stripchat were preliminarily found to have violated the European Union’s…
EconomyCyprus new-build market in 2025 shows strong demand for apartments in lower and mid-range prices
Nicosia, Cyprus. Cyprus’ market for newly built residential property in 2025 showed strong demand for apartments, with buyers…
EconomyBank of Cyprus to fully redeem remaining Tier 2 Capital Notes early on April 23, 2026
Nicosia, Cyprus. Bank of Cyprus announced on Thursday that it will proceed with the early redemption of its…
EconomyCyprus publishes 2022 economic tables showing total supply of €96.66 billion
Nicosia, Cyprus. The Cyprus Statistical Service (Cystat) published its 2022 Supply, Use and Input-Output tables, reporting total goods…
EconomyCyprus ranks 11th in EU for 2025 GDP per capita in purchasing power parity, Eurostat data show
Nicosia, Cyprus. Cyprus ranked 11th in the European Union in 2025 for GDP per capita in purchasing power…
Economypayabl. launches Tap to pay smartphone-based contactless payment solution for businesses
Brussels, Belgium. European financial technology provider payabl. has launched Tap to pay, a solution that allows businesses to…
EconomyGovernment announces eight measures to curb rising costs amid Middle East war
Nicosia, Cyprus. The government on Thursday announced a package of eight measures aimed at combating rising costs after…
EconomyDeloitte report highlights AI “execution gap” as businesses race to transform workplaces
Nicosia, Cyprus. Businesses are struggling to bridge a large “execution gap” as they race to integrate artificial intelligence…
EconomyLidl Cyprus outlines 2024 sustainability actions across operations, supply chain and community support
Nicosia, Cyprus. Lidl Cyprus has published its 2024 Sustainability Report, outlining sustainability measures across its value chain and…
EconomyItaly to freeze enhanced voting rights in some delisting and relocation votes, draft decree shows
Rome, Italy. Italy plans to change its rules on enhanced voting rights to prevent dominant shareholders using them…