News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus startup ecosystem gains niche in Europe’s innovation landscape, EU-Startups’ Olga Codina says
Nicosia, Cyprus. Cyprus’ startup ecosystem is increasingly securing its place within Europe’s innovation landscape, EU-Startups’ Olga Codina wrote, highlighting ten companies founded since 2021 as a sign of the island’s emerging tech maturity. Ecosystem…
EconomyCyprus parliament aims to pass bill by May restricting foreign nationals from buying real estate
Nicosia, Cyprus. Parliament indicated it intends to pass legislation by May restricting the acquisition of real estate by…
EconomyCyprus inflation rises 0.5% annually in January 2026 as monthly prices dip 0.3%
Nicosia, Cyprus. Inflation in Cyprus recorded mild annual growth in January 2026, while consumer prices edged slightly lower…
EconomyCyprus Industrial Turnover Index rises to 138.6 units in November 2025
Nicosia, Cyprus. Cyprus’ Industrial Turnover Index rose to 138.6 units in November 2025, recording a 10% annual increase,…
EconomyCyprus homeownership rate at 69.4% in 2024, slightly above EU average, Eurostat says
Nicosia, Cyprus. Cyprus recorded a homeownership rate of 69.4% in 2024, with 30.6% of residents renting, according to…
EconomyEurobank backs supply chain conference in Nicosia focused on sustainability, digitalisation and AI
Nicosia, Cyprus. Eurobank supported the 19th Supply Chain, Logistics Conference and Exhibition held in Nicosia this month, according…
EconomyCyprus net new lending rose sharply in December as borrowing strengthened, CBC data show
Nicosia, Cyprus. Net new lending in Cyprus accelerated in December as borrowing activity strengthened at the end of…
EconomyCFA Society Cyprus and Invest Cyprus sign MoU to strengthen investment cooperation
Nicosia, Cyprus. CFA Society Cyprus has signed a memorandum of understanding with Invest Cyprus to establish a strategic…
EconomyNicosia event highlights Stelios Bi-Communal Awards as Cyprus shipping and Jumbo issue updates
Nicosia, Cyprus. Sir Stelios Haji-Ioannou presented the vision and philosophy of the Stelios Bi-Communal Awards for Business Co-operation…
EconomyEU anti-money laundering agency says it is on track to be fully operational in 2028
Frankfurt, Germany. The European Union’s Anti-Money Laundering Authority said it is on track to be fully operational in…
EconomySyprodat calls for fairer pass-through of rate cuts and stronger foreclosure safeguards in Cyprus
Nicosia, Cyprus. The Cyprus Borrowers Association, known as Syprodat, called for decisive intervention to ensure interest rate cuts…