News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus chamber warns regional war crisis is weighing on economy, with tourism hit first
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) warned on Wednesday that the escalating war crisis in the wider region is beginning to weigh on the Cypriot economy, with tourism among the…
EconomyDevelopers say licensing delays hinder efforts to address Cyprus housing problem
Limassol, Cyprus. Cyprus’ Property Developers Association said development licensing delays remain a major obstacle to addressing the country’s…
EconomyJefferies raises Alpha Bank target price to €4.85, reiterates buy rating
Athens, Greece. Jefferies raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its…
EconomyCentral Bank of Cyprus study links banking concentration to slower rate pass-through
Nicosia, Cyprus. High concentration in banking markets slows the speed at which central bank interest rate changes reach…
EconomyEtek hosts EU workshop on BIM adoption for small firms and projects
Nicosia, Cyprus. The Cyprus Scientific and Technical Chamber (Etek) hosted a European workshop titled “Scaling BIM Down: Making…
EconomyFuel prices rise in Cyprus as oil volatility and Middle East conflict add pressure
Nicosia, Cyprus. International market turbulence is keeping pressure on fuel prices in Cyprus, even as oil eased on…
EconomyKeve to hold Nicosia seminar on EU carbon border mechanism and importer obligations
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) will organise an information seminar in Nicosia on…
EconomyTurkish Cypriot milk producers urge import curbs to support dairy sector amid slowdown
Nicosia, Cyprus. The association of Turkish Cypriot milk producers urged measures to protect the dairy sector amid falling…
EconomyEtyk members at Societe Generale Bank Cyprus approve 2023–2027 agreement, including summer four-day week
Nicosia, Cyprus. Bank employee union Etyk members at Societe Generale Bank Cyprus approved the renewal of their collective…
EconomyMPs question officials on stalled Vasiliko LNG terminal as costs mount
Nicosia, Cyprus. MPs again questioned state officials on Tuesday about the stalled LNG import terminal at Vasiliko, with…
EconomyVon der Leyen calls Europe’s nuclear power reduction a “strategic mistake” amid energy price pressures
Paris, France. European Commission President Ursula von der Leyen said reducing Europe’s nuclear energy sector was a “strategic…