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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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Vassiliko Cement shareholders approve share buyback programme for the next 12 monthsEconomy
Economy

Vassiliko Cement shareholders approve share buyback programme for the next 12 months

Shareholders of Vassiliko Cement Works Public Company Ltd unanimously authorised the board to repurchase company shares within set limits on volume, price and holding period.

October 29, 2026
Christine Lagarde to leave ECB presidency in February 2027, months before her term endsEconomy

Christine Lagarde to leave ECB presidency in February 2027, months before her term ends

The European Central Bank confirmed that Christine Lagarde will depart on February 7, 2027, nine months ahead of…

October 29, 2026
Eurobank completes €813 million purchase of Eurolife Life InsuranceEconomy

Eurobank completes €813 million purchase of Eurolife Life Insurance

Eurobank now owns all of Greek insurer Eurolife Life Insurance, while its planned sale of a 45 per…

October 29, 2026
CySEC Steps Up Warnings on Online Scams and AI-Generated Investment FraudEconomy

CySEC Steps Up Warnings on Online Scams and AI-Generated Investment Fraud

As part of World Investor Week 2026, the Cyprus Securities and Exchange Commission is warning the public about…

October 29, 2026
CITEA Director Says Higher E-Commerce Sales Do Not Guarantee Higher Business ProfitsEconomy

CITEA Director Says Higher E-Commerce Sales Do Not Guarantee Higher Business Profits

Matina Zisiadou of CITEA argues that online trading should be judged by the value it creates for consumers…

October 29, 2026
Keve Reviews Cyprus-China Business Forum Held in Nicosia to Boost Trade and InvestmentEconomy

Keve Reviews Cyprus-China Business Forum Held in Nicosia to Boost Trade and Investment

The Cyprus Chamber of Commerce and Industry said the Nicosia forum brought together business and official representatives from…

October 29, 2026
Cyprus to Send About 25 Maritime Firms to India for Mumbai Business Forum in November 2026Economy

Cyprus to Send About 25 Maritime Firms to India for Mumbai Business Forum in November 2026

Shipping Deputy Minister Marina Hadjimanolis and India's ports minister Sarbananda Sonowal discussed a Mumbai forum, shipbuilding, investment, seafarer…

October 29, 2026
Cyprus firms urged to prepare data, rules and staff before adopting AIEconomy

Cyprus firms urged to prepare data, rules and staff before adopting AI

Kyriaki Parmakki of essere.ai says Cypriot companies lag behind individual AI users, after the first ClickUp event on…

October 29, 2026
Eurostat: Euro Area and EU Household Real Income Up 0.1% in Second Quarter of 2026 as Spending RisesEconomy

Eurostat: Euro Area and EU Household Real Income Up 0.1% in Second Quarter of 2026 as Spending Rises

Eurostat data show real income per person rose 0.1% in both the euro area and the EU in…

October 29, 2026
Cyprus cyber reporting rules, startup growth and CySEC circulars: key economy updatesEconomy

Cyprus cyber reporting rules, startup growth and CySEC circulars: key economy updates

A Digital Cooperation Organisation report on cyber incident rules, a Plug and Play Cyprus interview on startups, and…

October 29, 2026
Alpha Bank raises share capital to €654.35 million after employee stock option exerciseEconomy

Alpha Bank raises share capital to €654.35 million after employee stock option exercise

Alpha Bank has increased its share capital to €654,351,248.35 after employees exercised stock options in September 2026, bringing…

October 29, 2026