News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEuropean Commission disburses €21.2 million to Cyprus under Recovery and Resilience Facility
Nicosia, Cyprus. The European Commission disbursed €21.2 million in grants to Cyprus as the fifth payment under the Recovery and Resilience Facility, the central mechanism of NextGenerationEU. The payment follows a partially approved request,…
EconomyCyprus energy minister says authorities ready to act on unjustified fuel price rises or shortages
Nicosia, Cyprus. Energy Minister Michalis Damianos said authorities are ready to intervene immediately if unjustified fuel price increases…
EconomyCyprus trade deficit narrows to €476.6 million in January 2026 as imports fall and exports rise
Nicosia, Cyprus. Cyprus recorded a trade deficit of €476.6 million in January 2026, down from €707.5 million in…
EconomyPasika urges restraint in public statements amid regional tensions, says Cyprus remains safe
Nicosia, Cyprus. The Cyprus hospitality venues association (Pasika) on Thursday called for greater responsibility in public statements, particularly…
EconomyCyprus records EU’s steepest fall in agricultural input prices in Q4 2025, Eurostat says
Nicosia, Cyprus. Cyprus posted the largest decline in agricultural input prices in the European Union in the fourth…
EconomyOev says Cyprus remains safe for investment and tourism amid regional developments
Nicosia, Cyprus. The Employers and Industrialists Federation (Oev) said Cyprus remains a safe and reliable destination for international…
EconomyCyprus reports 8 bounced cheques in February 2026, worth €47,460, central bank data shows
Nicosia, Cyprus. Cyprus recorded 8 bounced cheques with a total value of €47,460 in February 2026, according to…
EconomyDeputy shipping minister highlights women’s growing role in maritime sector at Limassol event
Limassol, Cyprus. Deputy Shipping Minister Marina Hadjimanolis said women are bringing vital expertise and leadership to an industry…
EconomyAudit office says thousands of public financial statements remain pending for audit
Nicosia, Cyprus. The audit office said delays in submitting and auditing public financial statements have left thousands of…
EconomyCyprus developers cite permit delays as housing hurdle as Keve warns regional crisis hits tourism
Nicosia, Cyprus. Cyprus’ Property Developers Association said licensing delays remain a key obstacle to addressing the housing problem,…
EconomyCyprus weighs fuel price measures as global oil surge lifts pump prices
Nicosia, Cyprus. Cyprus has not decided whether to introduce fuel price caps or tax reductions as oil prices…