News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEaton Vance Management cuts Bank of Cyprus stake below 3% disclosure threshold
Glasgow, United Kingdom. Bank of Cyprus Holdings PLC reported that Eaton Vance Management reduced its shareholding in the lender below the 3% regulatory disclosure threshold. The change was disclosed in a TR-1 notification filed…
EconomyEU launches consultation on revised state aid guidelines for air transport sector
Brussels, Belgium. The European Commission has launched a formal public consultation on a draft revision of the Guidelines…
EconomyShipping Deputy Ministry advances plans for new headquarters at former Nemitsa factory site in Limassol
Limassol, Cyprus. Plans to relocate the Shipping Deputy Ministry to a new headquarters at the former Nemitsa factory…
EconomyEEN Cyprus, Greece and Czech Republic to hold research and innovation matchmaking event in Athens
Athens, Greece. The Enterprise Europe Network (EEN) branches in Cyprus, Greece, and the Czech Republic will host a…
EconomyShipping and Bank of Cyprus bond issuance highlighted at EU retreat and CSE anniversary
Geneva, Switzerland. Safe Bulkers CEO Polys Hajioannou said shipping should be treated as a foundation of Europe’s resilience…
EconomyAlpha Bank to publish Q1 2026 results on May 20; research team wins Focus Economics awards
Athens, Greece. Alpha Bank said it will release its first-quarter 2026 financial results on May 20 and will…
EconomyCyprus to begin repaying €12 billion Social Insurance Fund debt next year, labour minister says
Nicosia, Cyprus. The government plans to begin repaying about €12 billion borrowed over decades from the Social Insurance…
EconomyEllinas Finance submits 2025 annual remuneration report outlining pay for directors and executives
Nicosia, Cyprus. Ellinas Finance Public Company Limited submitted its annual remuneration report for 2025, detailing total compensation for…
EconomyCyprus central bank reports lower March housing loan rates, deposit rates below euro area
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) said interest rates on new housing loans declined in March,…
EconomyKeve and Koag sign memorandum to strengthen housing and land development policies
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Land Development Organisation (Koag) have…
EconomyCyprus Stock Exchange marks 30th anniversary, highlights reforms, partnerships and digitalisation plans
Nicosia, Cyprus. The Cyprus Stock Exchange on Thursday recapped its 30th anniversary event, highlighting its contribution to economic…