News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus braces for further fuel price rises as reserves cover about 90 days, station association says
Nicosia, Cyprus. Cyprus is expected to face further fuel price increases in the coming weeks, although supplies remain sufficient for around 90 days, petrol station association president Savvas Prokopiou said on Friday. Expected increases…
EconomyMHV approves share issue deal with Prodea tied to hospitality assets in Italy and Greece
Nicosia, Cyprus. The board of directors and shareholders of MHV Mediterranean Hospitality Venture PLC unanimously approved a framework…
EconomyInvest Cyprus promotes Cyprus as investment destination at New York roundtable
New York, United States. Invest Cyprus said it participated in a New York roundtable held with FT Locations…
EconomyMinerva Insurance board to meet on April 7 to approve 2025 final results and set AGM date
Nicosia, Cyprus. The board of directors of Minerva Insurance Company Public Ltd will meet on April 7, 2026,…
EconomyEurobank wins two Euromoney Private Banking Awards 2026 distinctions for Cyprus
London, United Kingdom. Eurobank said it recently received two distinctions at the Euromoney Private Banking Awards 2026, reinforcing…
EconomyCyprus finance minister says scenarios being prepared to limit Iran war fallout
Nicosia, Cyprus. Finance Minister Makis Keravnos said the finance ministry is preparing multiple scenarios and measures to mitigate…
EconomyCyprus Fiscal Council warns Iran war developments could pressure Cypriot economy
Nicosia, Cyprus. The Cyprus Fiscal Council warned on Friday that developments related to the war in Iran could…
EconomyEurobank monitors Cyprus livestock sector after foot-and-mouth outbreak and animal culling
Nicosia, Cyprus. Eurobank said it is closely monitoring developments in Cyprus’ livestock sector following a foot-and-mouth disease outbreak…
EconomySpain to cut VAT on fuel to 10% and suspend hydrocarbon excise duty, report says
Madrid, Spain. Spain will reduce value-added tax on fuel products to 10% from 21% and suspend the excise…
EconomyGoldair Handling Cyprus workers strike at Larnaca airport over redundancies and collective agreements
Larnaca, Cyprus. Workers at Goldair Handling Cyprus Ltd staged a two-hour strike at Larnaca airport on Friday, disrupting…
EconomyLarnaca EOA bills to be payable at post offices from March 26
Larnaca, Cyprus. Larnaca EOA bills can be paid at post offices from next week following an agreement signed…