News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus to double inspectors targeting undeclared and illegal work
Nicosia, Cyprus. Cyprus will double the number of inspectors responsible for tackling undeclared and illegal work following cabinet approval, Labour Minister Marinos Mousiouttas said on Friday. The ministry’s inspection service currently has eight inspectors,…
EconomyCyprus records more than 100,000 online parcels after temporary €3 customs duty
Nicosia, Cyprus. Cypriot consumers placed more than 100,000 orders through online platforms including Shein and Temu during the…
EconomyCySEC grants takeover bid exemption for Cyprus Cement share buyback
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission has granted an exemption from mandatory takeover offer requirements linked…
EconomyAmCham Cyprus roundtable examines national AI strategy implementation
Nicosia, Cyprus. Business leaders, policymakers and other stakeholders met on Friday at a roundtable organised by the American…
EconomyFeedos prepares to move from Limassol food truck to permanent venue
Limassol, Cyprus. Feedos, a Limassol burger business operating from a food truck near the church of St George…
EconomyEurobank named Cyprus’ best bank for 2026 by Euromoney
Nicosia, Cyprus. Eurobank said it was named Cyprus’ best bank for 2026 by Euromoney and received the publication’s…
EconomyCabinet approves Limassol Mall, rejects rival shopping centre proposal
Limassol, Cyprus. The cabinet has approved the development of Limassol Mall, ending a lengthy process involving competing proposals…
EconomyCyprus inflation accelerates to 4.1 per cent in June
Nicosia, Cyprus. Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, outpacing the euro area…
EconomyCITEA seeks increased funding for digital transformation and technology exports
Nicosia, Cyprus. Cypriot technology companies need greater financial backing to compete internationally, while businesses need faster access to…
EconomySafe Bulkers launches 10 scholarships for maritime students in Cyprus
Nicosia, Cyprus. Safe Bulkers has launched its sixth annual scholarship programme, offering 10 awards of €10,000 each for…
EconomyEU moves towards new rules on unemployment benefits for cross-border workers
Brussels, Belgium. The European Parliament has approved an overhaul of EU social security coordination rules that would make…