News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus building permit activity stayed strong in November 2025, Cystat data shows
Nicosia, Cyprus. Building permit activity in Cyprus remained strong in November 2025, according to data released by the statistical service (Cystat). A total of 850 permits were authorised during the month, providing for 1,631…
EconomyCyprus debt-to-GDP ratio falls to lowest since 2008 as 2025 fiscal surplus recorded
Nicosia, Cyprus. Cyprus’s public debt fell in 2025 to its lowest percentage of GDP since 2008, while the…
EconomyCyprus committee clears proposals to expand access to basic payment accounts for very small businesses
Nicosia, Cyprus. Cyprus’ House commerce committee has closed discussion on two legislative proposals to expand access to basic…
EconomyLimassol EOA and Shipping Deputy Ministry discuss cooperation under EU EIT Water initiative
Limassol, Cyprus. Limassol district local government organisation (EOA) president Yiannis Tsouloftas met Shipping Deputy Minister Marina Hadjimanolis to…
EconomyMHSS warns shipping industry risks losing women seafarers without barrier removal
Nicosia, Cyprus. Mental Health Support Solutions (MHSS) warned that if the shipping industry does not remove barriers for…
EconomyBoE seen cutting rates to 3.50% in April or June as energy prices lift inflation risks
London, United Kingdom. Economists polled by Reuters now expect the Bank of England to cut interest rates to…
EconomyCyprus says fuel reserves remain sufficient despite Strait of Hormuz disruption
Nicosia, Cyprus. Cyprus does not currently face a problem with its fuel stocks despite the Persian Gulf energy…
EconomyCyprus business groups stress stability and investment safety amid regional developments
Nicosia, Cyprus. The Employers and Industrialists Federation said Cyprus remains a safe and reliable destination for international investment,…
EconomyGoldman Sachs sees strong momentum for Greek banks in 2026 after Athens meetings
Athens, Greece. International banks signalled confidence in the Greek banking sector’s outlook for 2026, citing resilient credit expansion,…
EconomyEU urged to adopt long-term institutional framework for coastal resilience, Cyprus institute CEO says
Nicosia, Cyprus. Cyprus Marine and Maritime Institute CEO Zacharias Siokouros urged the European Union to adopt a long-term,…
EconomyCyprus Stock Exchange to suspend trading in 13-week Treasury Bills ahead of March 20 delisting
Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) said it will suspend trading in the Republic of Cyprus 13-week…