News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyQantas and Air New Zealand hike fares as Middle East conflict drives jet fuel prices higher
Sydney, Australia. Qantas Airways and Air New Zealand said on Tuesday they are hiking fares due to the Middle East conflict, highlighting pressure on airlines from sharply higher fuel costs. Jet fuel prices surge…
EconomyEurobank reports strong 2025 profitability and expanded Cyprus operations in annual financial report
Nicosia, Cyprus. Eurobank reported strong profitability and expanding operations in Cyprus in its annual financial report for 2025.…
EconomyUK starting salaries fall at slowest pace since October, survey shows
London, United Kingdom. Starting salaries for permanent staff in Britain declined last month at the slowest pace since…
EconomyUS reaches deferred prosecution deal with Turkey’s Halkbank over Iran sanctions case
Washington, United States. The U.S. government agreed to resolve its long-running criminal prosecution of Turkish state-run lender Halkbank,…
EconomyEurobank buys back more than 4.5 million shares in March 2-6 transactions
Athens, Greece. Greek lender Eurobank said it bought back more than 4.5 million of its own shares between…
EconomyCyprus mortgage and foreclosure bill expected after May election, finance ministry says
Nicosia, Cyprus. A bill to regulate mortgages and foreclosures is not expected to be submitted to parliament before…
EconomyCyprus showcases high-tech investment hub ambitions at Financial Times conference in London
London, United Kingdom. Cyprus’ transition into a high-tech European investment hub was highlighted at the Financial Times’ London…
EconomyCyprus fuel prices expected to rise further after global oil price surge, says petrol station association
Nicosia, Cyprus. Fuel prices in Cyprus are expected to rise further in the coming weeks following a recent…
EconomyCyprus motor vehicle registrations rise 15.1% in first two months of 2026, hybrids gain share
Nicosia, Cyprus. Motor vehicle registrations in Cyprus rose to 9,020 in January and February 2026, a 15.1% increase…
EconomyEurobank and BNP Paribas host Nicosia client dinner on global investment prospects
Nicosia, Cyprus. Eurobank and BNP Paribas hosted a client dinner in Nicosia on March 4 to discuss global…
EconomyCyprus Chamber and Association of Cyprus Banks launch structured cooperation initiative
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Association of Cyprus Banks on Monday…