News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus chamber alerts members to EU VAT regime changes affecting SMEs
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) issued a circular this week outlining changes to the European Union VAT regime that have already taken effect. Scope of the new VAT regime…
EconomyCyprus property sales rise 12% in February 2026 as government assesses Iran conflict impact
Nicosia, Cyprus. Property sales in Cyprus rose 12% year on year in February 2026, with 1,537 properties changing…
EconomyCyprus industrial turnover index rises 4.9% in December 2025, led by manufacturing
Nicosia, Cyprus. Cyprus recorded a 4.9% increase in its industrial turnover index in December 2025 compared with the…
EconomyBoE survey shows UK firms’ wage growth expectations steady at near four-year low
London, United Kingdom. British employers’ expectations for wage growth remained at their joint-lowest level in nearly four years…
EconomyMPs seek accounting after most renewables permits did not become solar parks, EAC says
Nicosia, Cyprus. MPs on Thursday demanded an accounting for renewables permits issued in the past after it emerged…
EconomyCyprus monitors economic impact of regional crisis linked to conflict with Iran, spokesman says
Nicosia, Cyprus. Government spokesman Konstantinos Letymbiotis said Cyprus is conducting ongoing assessments of the economic impact of the…
EconomyOev urges Cyprus to maintain daily activity amid Middle East crisis
Nicosia, Cyprus. Cypriot Employers and Industrialists Federation (Oev) president George Pantelidis on Thursday called for the immediate continuation…
EconomyEurobank highlights role in India–Cyprus–Europe financial corridor after India-Cyprus Summit 2026
Nicosia, Cyprus. Eurobank said it highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently held…
EconomyCyprus inflation stays near flat in February as energy costs fall, Cystat says
Nicosia, Cyprus. Inflation in Cyprus remained almost flat in February 2026 at 0.1% year-on-year, as a drop in…
EconomyCyprus lags in EU electric vehicle uptake, with 0.51% of passenger car fleet electric in 2024
Nicosia, Cyprus. Cyprus had electric vehicles accounting for 0.51 per cent of its passenger car fleet in 2024,…
EconomyCabinet approves advance payments for farmers hit by foot-and-mouth disease outbreak
Nicosia, Cyprus. The cabinet approved an advance payment of up to €50,000 per livestock unit for farmers affected…