News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus banking sector NPL ratio falls to 4.0% in November 2025, Central Bank of Cyprus says
Nicosia, Cyprus. The Cypriot banking sector recorded a further improvement in non-performing loans, according to Central Bank of Cyprus data with a reference date of November 30, 2025. The CBC report covered aggregate non-performing…
EconomyCyprus central bank governor urges productivity-led reforms as Oceana calls for fisheries transparency
Nicosia, Cyprus. Central Bank of Cyprus governor Christodoulos Patsalides said productivity must be central to reforms as Cyprus…
EconomyCyprus industrial producer prices rise in December as euro area and EU record monthly declines
Nicosia, Cyprus. Industrial producer prices in Cyprus rose in December 2025, diverging from declines recorded in the euro…
EconomyCyprus labour minister meets Keve on workforce shortages, foreign worker permits and pension reform
Nicosia, Cyprus. Labour Minister Marinos Moushiouttas met on Tuesday with the board of the Cyprus Chamber of Commerce…
EconomyCyprus returns €67 million EU funding for Vasiliko LNG terminal, minister says
Nicosia, Cyprus. Cyprus is returning €67 million in funding for the LNG terminal in Vasiliko to the European…
EconomyCyprus posts 3.9% real GDP growth in 2024, Eurostat regional data show
Nicosia, Cyprus. Cyprus recorded real GDP growth of 3.9% year-on-year in 2024, according to regional data released by…
EconomyCyprus launches SheEmpower Mediterranean project to support women-led businesses
Larnaca, Cyprus. Cyprus hosted the launch of the Mediterranean project SheEmpower in Larnaca, aimed at boosting the competitiveness…
EconomyCBC governor calls for productivity-led reforms as Europe faces subdued growth and fiscal strain
Nicosia, Cyprus. Central Bank of Cyprus Governor Christodoulos Patsalides said productivity must be placed at the heart of…
EconomyCyprus municipalities oppose proposed fee on burial of waste
Nicosia, Cyprus. Municipalities have voiced strong opposition to the government’s intention to charge a fee to bury waste,…
EconomyCyprus tax reform enters implementation phase, Keve president says
Nicosia, Cyprus. Cyprus’ tax reform has moved from design to implementation, shifting attention to how the new framework…
EconomyColumbia Group CEO says smart-vessel costs have dropped, easing digital adoption for shipping
Athens, Greece. Columbia Group president and chief executive Mark O’Neil said the cost of creating “smart vessels” has…