News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus inflation rises to 1.7% in January as euro area rate slows to 1.7%, Eurostat says
Nicosia, Cyprus. Inflation in Cyprus rose to 1.7% in January 2026 from 0.1% in December, Eurostat said on Wednesday. Euro area inflation slowed to 1.7% from 2.0%. Cyprus and euro area inflation trends In…
EconomyCyprus registered unemployment edges down in January, Cystat data show
Nicosia, Cyprus. Registered unemployment in Cyprus eased slightly in January, according to official data, despite seasonal pressures typically…
EconomyJumbo Group outlines strategy and proposes extraordinary €0.50 per share cash distribution for 2026
Athens, Greece. Greek retailer Jumbo Group outlined its long-term strategy and updated investors on sales performance and capital…
EconomyCyprus Shipping Deputy Minister to visit Athens and Alexandria for maritime diplomacy and registry promotion
Nicosia, Cyprus. Cyprus’ Shipping Deputy Minister, Marina Hadjimanolis, will travel on Wednesday for a working visit to Athens…
EconomyCyprus property sales rise 11% in January 2026; HUMRN outlines relocation plans; Kedipes reports assets
Nicosia, Cyprus. Property sales in Cyprus rose 11% year on year in January 2026, with 1,411 properties changing…
EconomyMPs urge temporary suspension of borehole water fees amid farmers’ retroactive bills
Nicosia, Cyprus. MPs on Tuesday called on the government to temporarily suspend charges on farmers for using water…
EconomyCyprus posts EU’s third largest public debt reduction, president says
Nicosia, Cyprus. Cyprus recorded the third largest reduction in public debt in the European Union, with levels below…
EconomyKedipes held more than €5 billion in assets at end of last year, chairman says
Nicosia, Cyprus. State-owned asset management company Kedipes held more than €5 billion in assets at the end of…
EconomyColumbia Group appoints Ulla Eithz Nielsen as deputy chief operating officer
Nicosia, Cyprus. Cyprus-based Columbia Group has appointed Ulla Eithz Nielsen as deputy chief operating officer as it expands…
EconomyCyprus property sales rise 11% year on year in January 2026, lands department data shows
Nicosia, Cyprus. Property sales in Cyprus rose 11% year on year in January 2026, with 1,411 properties changing…
EconomyAudit office cites delays and cost overruns in major University of Cyprus construction projects
Nicosia, Cyprus. Major construction projects at the University of Cyprus faced prolonged delays and significant cost overruns, according…