News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus hourly labour costs rise 2.7% year-on-year in fourth quarter of 2025
Nicosia, Cyprus. Hourly labour costs in Cyprus rose in the final months of 2025, according to official preliminary figures, adding pressure to the country’s inflation outlook. The Cyprus Statistical Service reported increases across wages…
EconomyCyprus real estate leaders cite market transformation and ongoing constraints at sector conference
Nicosia, Cyprus. Speakers at Cyprus’ 20th Real Estate, Property Development & Construction Conference & Exhibition said the real…
EconomyCyprus outlines housing measures including plan for 2,500 new homes over two years
Nicosia, Cyprus. Interior Minister Constantinos Ioannou on Tuesday presented the government’s latest housing policy measures, outlining a drive…
EconomyCyprus cabinet backs stronger Financial Commissioner role and new safeguards for primary residences
Nicosia, Cyprus. Cyprus’ cabinet approved proposals to strengthen the role of the Financial Commissioner and introduce new safeguards…
EconomyCyprus banking sector profitability fell in 2025 as assets and capital ratios increased, CBC says
Nicosia, Cyprus. The Central Bank of Cyprus published updated aggregate banking sector data for the year ending December…
EconomyCyprus and Ethiopia seek deeper business ties at investment forum in Nicosia
Nicosia, Cyprus. Cyprus and Ethiopia moved to deepen business ties at the Ethio–Cyprus Investment Forum 2026 held in…
EconomyCySEC adopts EU cloud outsourcing guidelines for certain depositaries outside DORA scope
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission said it has adopted European guidelines on outsourcing to cloud…
EconomyCentral Bank of Cyprus reports €27.99 billion in total assets and liabilities at end-February
Nicosia, Cyprus. The Central Bank of Cyprus said its total assets and liabilities reached €27.99 billion at the…
EconomyCyprus consumer groups urge fuel subsidy return as pump prices rise and EAC flags higher bills
Nicosia, Cyprus. Consumer advocacy groups called on the government to reinstate fuel subsidies as pump prices continued to…
EconomyGlobal financial infrastructure shifts toward unified, API-driven cross-border operations
Washington, United States. Financial infrastructure supporting global commerce is shifting away from fragmented cross-border payment and treasury processes…
EconomyCyprus Ports Authority budget for 2026 includes no expansion or upgrade spending for Larnaca port
Nicosia, Cyprus. Cyprus lawmakers were told on Monday that the Cyprus Ports Authority’s 2026 budget includes no spending…