News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyGAP Vassilopoulos reports lower first-half 2026 profit despite 6.03 per cent revenue rise
GAP Vassilopoulos Public Ltd posted a profit of €1.26 million for the first half of 2026, down from €1.48 million, while revenue grew to €38.05 million.
EconomyCSE suspends trading in iDNA Genomics bonds over missing trustee
The Cyprus Stock Exchange has halted trading in iDNA Genomics Public Ltd bonds for up to two months…
EconomyCyprus court annuls €175,522 competition fine on K. Kythreotis – Skyrodema Ltd
The administrative court has overturned the Commission for the Protection of Competition's €175,522 fine on a K. Kythreotis…
EconomyCyprus Households Held €62.57 Billion in Financial Assets at End of 2025, Cystat Says
Cystat data show more than half of household financial assets were in cash and deposits, while household loans…
EconomyCyprus Retail Turnover Rises 10.4 Per Cent in Value in September, Cystat Reports
Cystat data show retail sales in Cyprus grew 10.4 per cent in value and 7.7 per cent in…
EconomyEurobank Cyprus Posts €367 Million Pre-Tax Profit for First Nine Months of 2026
Eurobank's Cyprus operations earned €367 million before tax in the first nine months of 2026, while group net…
EconomyDemetra Holdings Plc buys back 3,358 of its own shares for €4,432.56
Demetra Holdings Plc repurchased 3,358 own shares on October 30, 2026 at €1.32 each, in three trades handled…
EconomyOev conference in Nicosia explores social enterprises and labour market inclusion
The Employers and Industrialists Federation reviewed its October 21 conference on how social enterprises can widen employment and…
EconomyQrator Labs: Cyprus Bank Hit by 200-Hour DDoS Attack in Third Quarter of 2026
A DDoS attack on a bank in Cyprus lasted 200 hours in the third quarter of 2026, Qrator…
EconomySheep and goat farmers vow to oppose any change to halloumi milk quota after 2029
Livestock breeders say the 51 per cent minimum sheep and goat milk share in PDO halloumi will remain…
EconomyBinance sees withdrawal spike after reopening some payouts following $6.3 billion hack
Binance resumed withdrawals for several assets on Sunday and says outflows are stabilising after a theft the FBI…