News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus chamber opposes proposed additional bank taxation, cites risks to stability and investors
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) said it opposes the proposed imposition of additional taxation on banks, arguing it would not be a sound economic choice. The chamber said taxation…
EconomyEurobank participates in Money Conference 2026 as platinum sponsor
Nicosia, Cyprus. Eurobank took part in the Money Conference 2026 this week as a platinum sponsor, contributing to…
EconomyCyprus tax reform raises fines for card payment breaches and reporting violations
Nicosia, Cyprus. Cyprus’ tax reform, which entered into force on January 1, revised rates and deductions and substantially…
EconomyCentral Bank of Cyprus reports increased convergence of Cyprus and eurozone interest rates
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) reported increased convergence between average interest rates in Cyprus and…
EconomyECB wage tracker signals moderation in euro area negotiated wage growth in 2026
Brussels, Belgium. The European Central Bank has published wage tracker data indicating that negotiated wage growth in the…
EconomyLimassol Greens to expand in 2026 after residential handovers and golf course launch
Limassol, Cyprus. Limassol Greens said it will enter a new phase of expansion in 2026 after a year…
EconomyCyprus officials stress investor protection as CySEC reports 600 forex firm inspections in 2025
Nicosia, Cyprus. Cyprus officials called for stronger investor protection, better information and improved financial literacy in the forex…
EconomyCySEC requires eligible Cyprus Investment Firms to file 2025 EEA cross-border activity report
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) issued a circular requiring certain Cyprus Investment Firms (CIFs)…
EconomyCyprus finance minister calls for investor protection focus in forex market as CySEC reports 2025 inspections
Nicosia, Cyprus. Finance Minister Makis Keravnos said the forex market requires a strong emphasis on investor protection, proper…
EconomyCyprus slightly above EU average for women in engineering and science, Eurostat says
Nicosia, Cyprus. Cyprus ranks slightly above the European Union average for the share of women employed in engineering…
EconomyCyprus banking recovery since 2013 crisis driven by bank discipline and firm supervision, ECB official says
Nicosia, Cyprus. Cyprus’ banking sector recovery after the 2013 crisis reflects banks’ commitment to act alongside firm supervisory…