News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyHalloumi exports top €350 million annually as Cyprus prepares for PDO compliance
Agriculture ministry permanent secretary Andreas Gregoriou outlined measures to strengthen sheep and goat milk production ahead of the July 2029 PDO compliance deadline.
EconomyIMF cuts Cyprus growth forecast for 2026 to 2.9%, raises 2027 outlook
The IMF projects Cyprus growth of 2.9 per cent in 2026 and 3.2 per cent in 2027, alongside…
EconomyCyprus property sale contracts rise 14% in first nine months of 2026
BuySell’s analysis shows a record September for Cyprus property contracts, with Larnaca growing fastest and foreign buyers accounting…
EconomyHELLENiQ ENERGY starts operating €50 million battery storage facility in Thessaloniki
HELLENiQ ENERGY’s first large-scale battery storage facility has 100 MW of power capacity and can store 200 MWh…
EconomyAION seeks to fill Cyprus’s gap in second-hand fashion resale
After moving from France, Aaya conceived AION as a locally focused fashion resale service, citing demand in Cyprus…
EconomyChristodoulides sets out Cyprus’ ambition to expand its role in fintech
Speaking at a Limassol summit, President Nikos Christodoulides highlighted Cyprus’ investment advantages, economic growth and improving public finances.
EconomyCentral Bank urges targeted cost-of-living aid to avoid fuelling inflation
The Central Bank told MPs that support should focus on vulnerable households, while a finance ministry official said…
EconomyBanks hold early lead over fintech as Cyprus urged to accelerate digital finance reforms
Speakers at a Limassol summit said banks had adapted to fintech competition, while Cyprus needed faster regulation, less…
EconomyCyprus startups secure €112.8m in 2026, nearing last year’s funding total
Analysis by Dionysis Partsinevelos puts Cyprus startup funding at €112.8m across 28 rounds in 2026, close to the…
EconomyCyprus shipping minister to visit Japan, China and South Korea on 16-day business mission
Marina Hadjimanolis will visit three major Asian shipping markets from October 14 to 29 to promote the Cyprus…
EconomyFarm groups seek extension of Larnaca port grain storage licence
Five agricultural organisations have urged ministers and the Cyprus Ports Authority to extend a grain storage licence at…