News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyAlpha Bank Cyprus launches myAlpha Benefits subscription packages for retail customers
Nicosia, Cyprus. Alpha Bank Cyprus on Tuesday announced the launch of its new myAlpha Benefits subscription packages, which it described as an upgrade to the daily retail banking experience for private customers. Subscription-based banking…
EconomyEurobank repurchases 1.62 million shares in four-day buyback on Athens Stock Exchange
Athens, Greece. Eurobank S.A. said it repurchased 1,622,263 of its own shares between February 24, 2026 and February…
EconomyCheesemakers urge Cyprus government to act as foot-and-mouth outbreak leads to culling of 13,000 animals
Nicosia, Cyprus. The cheesemakers association on Tuesday urged the government to implement immediate preventive measures to curb the…
EconomyBank of Cyprus updates 2026-2028 targets; agrees €6 million investment in Wealthyhood
Nicosia, Cyprus. The Bank of Cyprus on Tuesday outlined updated financial targets and a capital allocation framework at…
EconomyYoungShip Cyprus presents 2026 Young Leader Award to Monjasa’s Theodoros Mitsingas
Limassol, Cyprus. YoungShip Cyprus hosted its Young Leader Award Ceremony during the ‘Melodies Across the Sea’ event in…
EconomyMorningstar DBRS flags oil price surge as Strait of Hormuz traffic halts amid Middle East conflict
Brussels, Belgium. Morningstar DBRS said crude oil prices have risen sharply since coordinated attacks by the United States…
EconomyCyprus posts €939.2 million fiscal surplus in 2025, down from previous year
Nicosia, Cyprus. Cyprus recorded a general government fiscal surplus of €939.2 million in 2025, according to preliminary results…
EconomyEuro area inflation seen at 1.9% in February 2026; Cyprus posts bloc’s lowest rate
Brussels, Belgium. Euro area annual inflation is expected to reach 1.9% in February 2026, up from 1.7% in…
EconomyCyprus promotes itself as European gateway for Indian capital at Nicosia summit
Nicosia, Cyprus. Cyprus presented itself as a strategic European gateway for Indian capital at the India–Cyprus Business and…
EconomyRussia’s central bank challenges EU court over indefinite freeze of assets in Europe
Brussels, Belgium. Russia’s central bank said it has submitted a claim to the Luxembourg-based General Court of the…
EconomyDeloitte AI Institute study finds firms nearing AI’s “untapped edge” despite rising ambition
Nicosia, Cyprus. The Deloitte AI Institute has released a global study on artificial intelligence, saying organisations remain at…