News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCosmos Insurance approves 2025 audited financial statements and proposes €1 million dividend
Nicosia, Cyprus. Cosmos Insurance Public Company Ltd said its board of directors approved the company’s audited financial statements for the year ended December 31, 2025, and decided to propose a dividend to shareholders. The…
EconomyCyprus Stock Exchange announces April 2026 Easter trading suspensions and office closures
Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) announced its Easter holiday schedule, outlining trading, clearing and settlement suspensions…
EconomyEU sweep finds widespread misleading online discounts during Black Friday and Cyber Monday
Brussels, Belgium. A coordinated consumer protection sweep involving Cyprus and 22 other EU member states found that 30…
EconomyEU institutions agree on major customs reform, described as biggest overhaul since 1968
Brussels, Belgium. The Council of the EU and the European Parliament have reached a political agreement on the…
EconomyCyprus ranks near bottom in EU financial literacy survey amid continued high spending
Nicosia, Cyprus. A European Commission assessment has placed Cyprus near the bottom of the EU for basic financial…
EconomyCBC official calls for stronger investor trust to advance EU Savings and Investment Union
Nicosia, Cyprus. A Central Bank of Cyprus official has called for strengthening investor confidence as a key pillar…
EconomyAsbis Group reports $60.2 million net profit for 2025 on record revenue growth
Nicosia, Cyprus. Cyprus-based IT distributor Asbis Group reported a net profit of $60.2 million for 2025, describing a…
EconomyCentral Bank of Cyprus reports deposit growth slowdown and faster loan expansion in February 2026
Nicosia, Cyprus. The Central Bank of Cyprus reported that total deposits rose 4.7% year-on-year in February 2026, while…
EconomyRIF launches two Cyprus funding calls to link research with business innovation
Nicosia, Cyprus. The Research and Innovation Foundation (RIF) announced two new funding calls to bring research closer to…
EconomyCyprus announces €200 million cost relief package as electricity market debate continues
Nicosia, Cyprus. The government announced a €200 million package of eight measures aimed at combating rising costs after…
EconomyCyprus to present new tax reform to Greek businesses and investors in Athens on April 21
Athens, Greece. A presentation of Cyprus’ new tax reform will be held in Athens on April 21, targeting…