News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEmissionLink calls for fairer shipping treatment under expanded EU carbon market
Brussels, Belgium. EmissionLink managing director Philippos Ioulianou has called for fairer treatment of shipping under the proposed expansion of the EU Emissions Trading System, warning of double charging and seeking more revenue for maritime…
EconomyEU plans airline ownership review amid easyJet bidding contest
Brussels, Belgium. The European Union is preparing a review of airline ownership rules aimed at preventing foreign investors…
EconomyApollo agrees £5.7bn all-cash takeover of easyJet
London, United Kingdom. EasyJet’s board has agreed to the terms of a proposed £5.7 billion all-cash takeover by…
EconomyCyprus construction growth and inflation data released as Alphabet reshuffles AI leadership
Nicosia, Cyprus. Cyprus’ construction sector maintained strong growth in the first half of 2026, while inflation eased to…
EconomyPaliou affiliate acquires OceanPal’s remaining fleet
Athens, Greece. Greek shipowner Semiramis Paliou has regained OceanPal’s remaining fleet through affiliated company Sezali Inc, ending the…
EconomyUK services sector returns to growth as new orders rise
London, United Kingdom. Britain’s services sector returned to growth in July as new orders increased, according to an…
EconomyApollo agrees £5.7bn acquisition of easyJet as Castlelake withdraws
London, United Kingdom. Apollo Global has agreed to buy easyJet in a deal valuing the European budget airline…
EconomyMeridiam takes majority stake in Great Sea Interconnector
Nicosia, Cyprus. Energy Minister Michael Damianos welcomed French investment group Meridiam’s entry as majority shareholder in the Great…
EconomyCyprus brings business development law into force and appoints first board
Nicosia, Cyprus. The Cabinet on Wednesday brought into force the law establishing the Cyprus Business Development Organisation and…
EconomyCyprus inflation eases to 2.9% in July as fuel and clothing prices fall
Nicosia, Cyprus. Cyprus’ inflation rate eased to 2.9 per cent in July 2026 from 3.1 per cent in…
EconomyCyprus plans first solar electric passenger vessels by April 2027
Larnaca, Cyprus. Cyprus is set to introduce its first solar electric passenger vessels by April 2027 under a…