News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyOPAP Cyprus begins operating under Allwyn brand in rebranding shift
Nicosia, Cyprus. OPAP Cyprus has begun operating under the Allwyn brand, marking what the company described as a new phase in its development and growth. The change follows an announcement released on Monday. Strategic…
EconomyNational Bank of Greece Cyprus joins 13th Banking Payments and Fintech Forum and Expo
Nicosia, Cyprus. National Bank of Greece Cyprus took part in the 13th Banking Payments and Fintech Forum and…
EconomyBank of Cyprus receives Bank of New York STP AWARD 2025 for fourth consecutive year
Nicosia, Cyprus. Bank of Cyprus said it has been awarded the Bank of New York’s STP AWARD 2025…
EconomyEnergy Ministry launches pilot Digital One Stop Shop for renewable energy and building upgrades
Nicosia, Cyprus. The Energy Ministry has launched a pilot Digital One Stop Shop service for renewable energy sources…
EconomyGreek shipping firms warn EU emissions trading costs are driving up ferry ticket prices
Athens, Greece. Greek shipping companies are reporting significant financial strain following the implementation of the European Emissions Trading…
EconomyCyprus draws influencers with low-tax appeal as creators promote relocation services
Nicosia, Cyprus. Cyprus’ relatively low corporate tax rate has helped make the island a destination for international businesses…
EconomyEU auditors cite weaknesses in olive oil quality controls affecting Cyprus and other producers
Nicosia, Cyprus. EU regulation for controlling olive oil quality, including in Cyprus, contains serious weaknesses that risk undermining…
EconomyCyprus extends deadline for Major Investment Measure and Young Farmer Installation applications
Nicosia, Cyprus. The Agriculture Ministry announced an extension for the submission of applications for the Major Investment Measure…
EconomyNETinfo to admit 192,310 staff free shares to trading on Cyprus Stock Exchange
Nicosia, Cyprus. Cypriot technology company NETinfo announced that 192,310 new ordinary shares issued as free shares to staff…
EconomyPotato farmers seek state subsidy and water support after 2025 weather damage, association says
Nicosia, Cyprus. Potato farmers are asking the state for a subsidy to cover damages suffered in 2025 from…
EconomyEurobank prices €400 million Tier 2 notes as Cyprus property transfers exceed €4.7 billion in 2025
Nicosia, Cyprus. Eurobank announced it had successfully priced a €400 million issuance of fixed rate reset subordinated Tier…