News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus posts 4.5% annual GDP growth in Q4 2025, outpacing euro area and EU
Nicosia, Cyprus. Cyprus recorded stronger economic growth in the fourth quarter of 2025, according to flash estimates from Cystat and Eurostat, with national figures showing the country outperforming the wider region. Cystat flash estimate…
EconomyCyta clarifies stance on proposed legal amendments and planned entry into energy market
Nicosia, Cyprus. Cyta’s board and management issued a statement on Friday outlining the organisation’s position on proposed amendments…
EconomyCyprus building permits rise in October and in January–October 2025, Cystat data show
Nicosia, Cyprus. Building activity in Cyprus continued to strengthen in October 2025, according to data released on Friday…
EconomyCITEA backs Sopaz restoration plan, urges support measures for Cypriot IT firms
Nicosia, Cyprus. The Cyprus Information Technology Enterprises Association (CITEA) said it was satisfied with an initiative to restore…
EconomyCySEC joins IOSCO global campaign against relationship investment scams
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission on Friday said it is joining the International Organisation of…
EconomyOev warns against additional extraordinary taxes on bank profits in Cyprus
Nicosia, Cyprus. The Employers and Industrialists Federation (Oev) warned against renewed efforts to impose additional extraordinary taxes on…
EconomyCyprus cuts net domestic energy use intensity 23.2% over a decade, Eurostat says
Brussels, Belgium. Cyprus recorded a 23.2% reduction in net domestic energy use intensity over the last decade, according…
EconomyCyprus tax reform raises penalties as Zela Jet partners with Fly Cycladic and Eurobank joins Money Conference
Nicosia, Cyprus. Cyprus’ tax reform revised rates and deductions and substantially increased financial penalties, with the changes entering…
EconomyEU leaders agree measures to deepen single market and boost competitiveness
Brussels, Belgium. European Union leaders agreed on Thursday on a wide-ranging set of commitments to improve how the…
EconomyCyprus and Greek space groups sign cooperation agreement in Nicosia
Nicosia, Cyprus. A strategic cooperation agreement linking the Cypriot and Greek space technology ecosystems was signed on Thursday…
EconomyCypriot halloumi producers warned of competition risks under EU–Mercosur agreement
Nicosia, Cyprus. An environmental movement warned on Thursday that the EU–Mercosur trade agreement could expose Cypriot halloumi producers…