News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyPiki and Nicosia chamber discuss investment barriers and business reforms
Deputy Minister to the President Irene Piki met Nicosia chamber representatives to discuss investment, administrative barriers and conditions for local businesses.
EconomyCyprus’ €14.4bn budget for 2027 goes before House Finance Committee on Monday
Finance Minister Makis Keravnos will present the 2027 spending proposals as parliamentary scrutiny begins ahead of December’s plenary…
EconomyAsk Wire CEO warns of Cyprus housing imbalance as developers target foreign buyers
Pavlos Loizou says rising building permits could pressure Cyprus’ property market in 2027 and 2028, while homes aimed…
EconomyAthienou bread and loukoumi expected to gain EU protected status within a year
Agriculture Minister Christos Senekis said Athienou bread and loukoumi are expected to receive European protected geographical indication status…
EconomyCentral Bank of Cyprus official outlines rationale for digital euro
Stelios Georgakis says a digital euro would enable digital payments with central bank money across the euro area…
EconomyCyprus business roundup: India shipping ties, Nicosia tourism and banking challenges
Cyprus prepares further maritime cooperation with India, Nicosia targets Greek visitors, and a banking expert assesses the threat…
EconomyCyprus announces €70 million relief package as economist points to energy costs
The government’s latest cost-of-living measures include tax cuts and subsidies, while an economist links inflation to reliance on…
EconomyCyprus ship registry grows 27% in three years, president says
President Nikos Christodoulides said Cyprus’ ship registry grew about 27% in three years, while state revenue from ship…
EconomyKeravnos calls for more flexible EU fiscal rules to support households and businesses
Finance Minister Makis Keravnos urged greater flexibility in EU fiscal rules as inflation and the energy crisis put…
EconomyKeravnos urges more flexible EU spending rules for support measures and energy investment
Finance Minister Makis Keravnos called for greater EU spending flexibility as the Middle East conflict raises risks to…
EconomyCyfield in talks with China Harbour to complete Vasiliko LNG terminal
Six companies have expressed interest in completing the stalled Vasiliko LNG terminal, with Cyfield reportedly discussing a partnership…