News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyRussia weighs early return to forex market as rouble rallies, Siluanov says
Moscow, Russia. The Russian government is considering an early return to the foreign currency market after the rouble rallied this month on higher oil prices, Finance Minister Anton Siluanov said on Thursday. Suspension of…
EconomyCyprus House extends discounted VAT eligibility period for first-home permit applicants
Nicosia, Cyprus. The House on Thursday passed legislation extending the period during which first-home permit applicants may qualify…
EconomyCyprus says it is open for business, highlights foreign investment and 2025 growth
Limassol, Cyprus. Trade Minister Michael Damianos said Cyprus is open for business as a stable, predictable and secure…
EconomyLarnaca tourism and business groups seek president’s intervention over Larnaca-Dhekelia road delays
Larnaca, Cyprus. Tourism and business bodies in Larnaca called on Thursday for the direct intervention of President Nikos…
EconomyParliament approves stricter penalties for illegal “pirate taxis”
Nicosia, Cyprus. Parliament unanimously approved stricter penalties on Thursday targeting so-called “pirate taxis” operating illegally. The amendments increase…
EconomyeasyJet warns of bigger first-half loss as Iran war hits bookings and raises fuel cost concerns
London, United Kingdom. easyJet warned it expects a bigger first-half loss and said bookings were lagging last year’s…
EconomyFreedom24 wins three 2026 Global Banking & Finance Awards for Tradernet and Neo Compliance
Nicosia, Cyprus. Freedom24, part of Freedom Holding Corp., said it won three awards at the 2026 Global Banking…
EconomyAmCham Cyprus holds strategic dialogue with Deputy Minister Irene Piki on economic priorities
Nicosia, Cyprus. The American Chamber of Commerce in Cyprus (AmCham Cyprus) said it held a strategic dialogue with…
EconomyCyprus posts 1.5% annual inflation in March, among lowest rates in EU
Nicosia, Cyprus. Cyprus recorded one of the lowest inflation rates in the European Union in March, with annual…
EconomyCyprus real estate transactions reach record €6.5 billion in 2025, PwC Cyprus report says
Nicosia, Cyprus. Cyprus’ real estate market reached a record total transaction value of €6.5 billion in 2025, driven…
Economypayabl. launches Click to Pay with Visa to streamline online checkout and reduce fraud
Brussels, Belgium. European financial technology provider payabl. has launched Click to Pay with Visa, a new online card…