News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyStorm damage near Liopetri releases farmed sea bass and bream into open waters
Liopetri, Cyprus. Severe weather on Wednesday damaged offshore aquaculture facilities near Liopetri, releasing large numbers of farmed sea bass and bream into open waters. Authorities said producers are still assessing the damage and the…
EconomyEratosthenes Centre of Excellence and Limassol chamber renew cooperation agreement
Limassol, Cyprus. The Eratosthenes Centre of Excellence and the Limassol Chamber of Commerce and Industry (Evel) renewed a…
EconomyBank of Cyprus reports strong investor interest at Morgan Stanley conference in London
London, United Kingdom. Bank of Cyprus on Wednesday reported strong investor interest during its participation in the Morgan…
EconomyCyprus urged to manage messaging abroad as Middle East tensions risk economic impact
Nicosia, Cyprus. Cyprus must be cautious in how it presents itself abroad as tensions in the Middle East…
EconomyCyprus posts 88% energy import dependency in 2024 amid Middle East risk monitoring
Nicosia, Cyprus. Cyprus recorded an energy import dependency rate of 88% in 2024, placing it among the most…
EconomyGreek shipowners scan systems after high-priority cybersecurity advisory
Athens, Greece. Greek shipowners and other companies are scanning their computer systems for signs of cyberattacks after guidance…
EconomyCyprus holds job vacancy rate at 2.8% in Q4 2025 as vacancies rise year on year
Nicosia, Cyprus. Cyprus maintained a job vacancy rate of 2.8% in the fourth quarter of 2025, unchanged from…
EconomyCyprus construction materials price index rises slightly in February 2026
Nicosia, Cyprus. Construction materials prices in Cyprus recorded a modest increase in February 2026, reflecting gradual cost pressures…
EconomyCyprus posts one of EU’s lowest inflation rates in February 2026
Nicosia, Cyprus. Cyprus recorded one of the lowest inflation rates in the European Union in February 2026, according…
EconomyCyprus CEOs voice concern over pace of AI-driven business transformation, PwC survey finds
Nicosia, Cyprus. Business leaders in Cyprus are increasingly concerned about whether their companies are transforming quickly enough to…
EconomyKoag to sign new Limassol and Nicosia contracts as affordable housing pipeline expands
Nicosia, Cyprus. The Cyprus Land Development Organisation (Koag) is set to sign two more contracts in the coming…