News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyUK mortgage approvals hit four-month high in March as consumer credit growth quickens, BoE data show
London, United Kingdom. British lenders approved the most mortgages in four months in March while consumer lending grew at the fastest annual rate in over two years, Bank of England data showed, indicating resilience…
EconomyIMF warns changes to Cyprus foreclosure framework could slow bad-loan cleanup and raise borrowing costs
Nicosia, Cyprus. The International Monetary Fund said Cyprus’ banking sector remains resilient but shows limited vigour, warning that…
EconomyPetrolina confirms 2025 final results and proposes 2.0 cent per share final dividend
Larnaca, Cyprus. Petrolina (Holdings) Public Ltd confirmed its final financial results for the year ended December 31, 2025,…
EconomyDemetra Holdings Plc completes repurchase of 4,050 shares at €1.455 each
Nicosia, Cyprus. Demetra Holdings Plc said it completed the repurchase of more than four thousand of its own…
EconomyCyprus adds €11 million to extend housing subsidy scheme for young people and couples
Nicosia, Cyprus. Cyprus will allocate an additional €11 million to extend a housing subsidy scheme for young people…
EconomyCyprus Consumers Association cites wide supermarket price gaps on e-kalathi
Nicosia, Cyprus. Large price discrepancies between supermarkets on the e-kalathi application indicate a lack of competition, the Cyprus…
Economy7th Cyprus ICT Conference to examine AI impact on technology and maritime sectors in Limassol
Limassol, Cyprus. The 7th Cyprus ICT Conference will take place on May 5 in Limassol, bringing together industry…
EconomyTFA website to be suspended May 7 and May 12; VAT and VIES deadlines extended
Nicosia, Cyprus. The Tax For All (TFA) website will be temporarily suspended on May 7 and May 12…
EconomyEurobank completes share buyback programme after late April transactions on Euronext Athens
Athens, Greece. Eurobank announced on Monday that it has successfully completed its share buyback programme following a final…
EconomyCyprus retail trade turnover rises in March 2026, Cystat reports
Nicosia, Cyprus. Retail trade turnover in Cyprus increased in March 2026, according to the Cyprus Statistical Service (Cystat).…
EconomyCyprus posts €573.3 million fiscal surplus in first quarter of 2026, Cystat says
Nicosia, Cyprus. Cyprus’ general government recorded a fiscal surplus of €573.3 million during January-March 2026, according to a…