News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCBC governor says Cyprus faces economic challenges from a position of strength
Nicosia, Cyprus. Central Bank of Cyprus Governor Christodoulos Patsalides said Cyprus is navigating the current economic climate from a position of strength, citing stable economic and banking conditions. Cyprus economic and financial conditions In…
EconomyCyprus banks warn foreclosure law changes could harm lenders and financial stability
Nicosia, Cyprus. The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could…
EconomyCyprus prioritises youth employment in 2026–2028 labour strategy amid double-digit joblessness
Nicosia, Cyprus. Cyprus has made youth employment a priority under a new labour market strategy for 2026–2028, Labour…
EconomyOil prices jump over 25% amid Strait of Hormuz disruption fears and Middle East supply cuts
Singapore, Singapore. Oil prices surged more than 25% on Monday to their highest levels since mid-2022 as producers…
EconomyCyprus net-metering customers report rooftop solar credits removed from February 2026 electricity bills
Nicosia, Cyprus. Thousands of Cyprus households with rooftop photovoltaic systems said their February 2026 electricity bills showed surplus…
EconomyCyprus Chamber of Commerce launches cooperation with Association of Cyprus Banks on business banking guidance
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) announced a new cooperation with the Association of…
EconomyCyprus posts 1.4% Q4 2025 GDP growth as Famagusta tourism board urges calm on tensions
Nicosia, Cyprus. Cyprus recorded a 1.4% increase in GDP in the fourth quarter of 2025, ranking among the…
EconomyKeve announces 2026 China business mission and training support for Cypriot SMEs
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) announced internationalisation opportunities for local small and medium-sized…
EconomyCyprus central bank reports sharp drop in net new loans in January 2026
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) on Friday reported a sharp decline in total net new…
EconomyCyprus leads eurozone peers in fiscal balance in 2025, Eurobank economist says
Nicosia, Cyprus. Cyprus continued to outperform most eurozone economies in fiscal balance in 2025, according to analysis by…
EconomyCyprus beer deliveries broadly flat in February 2026 as exports decline, Cystat says
Nicosia, Cyprus. Beer deliveries in Cyprus were broadly flat in February 2026, with a small increase in domestic…