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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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Cyprus parliamentary study highlights wide pension gaps across EUEconomy
Economy

Cyprus parliamentary study highlights wide pension gaps across EU

Nicosia, Cyprus. A parliamentary study has highlighted pension differences of more than €2,000 a month across European Union member states, while Cyprus remains near the lower end of the range. The findings come as…

July 16, 2026Cyprus
Petronav marks 20 years of Cyprus Shipping Chamber’s Adopt a Ship programmeEconomy

Petronav marks 20 years of Cyprus Shipping Chamber’s Adopt a Ship programme

Limassol, Cyprus. Petronav Ship Management Ltd, the vessel management arm of Island Oil Holdings, has supported the Cyprus…

July 16, 2026 · Cyprus
Cyprus, Lebanon and World Bank back power grid link feasibility studyEconomy

Cyprus, Lebanon and World Bank back power grid link feasibility study

Nicosia, Cyprus. The governments of Cyprus and Lebanon and the World Bank have agreed to prepare a preliminary…

July 16, 2026 · Cyprus
Demetra Holdings renews share buyback programmeEconomy

Demetra Holdings renews share buyback programme

Nicosia, Cyprus. Demetra Holdings has renewed its share buyback programme after receiving shareholder authorisation at its annual general…

July 16, 2026 · Cyprus
Cyprus Stock Exchange to suspend trading in 13-week treasury billsEconomy

Cyprus Stock Exchange to suspend trading in 13-week treasury bills

Nicosia, Cyprus. The Cyprus Stock Exchange said it will suspend trading in the fourth 2026 issue of 13-week…

July 16, 2026 · Cyprus
ECB survey finds Chinese e-commerce platforms used by over half of eurozone consumersEconomy

ECB survey finds Chinese e-commerce platforms used by over half of eurozone consumers

Brussels, Belgium. More than half of eurozone consumers have bought goods through Chinese e-commerce platforms, according to the…

July 16, 2026 · Cyprus
Cyprus submits delayed EU banking reform bills to parliamentEconomy

Cyprus submits delayed EU banking reform bills to parliament

Nicosia, Cyprus. Cyprus has tabled four banking reform bills in parliament, seven months after the European Union deadline…

July 16, 2026 · Cyprus
Correctify targets faster AI-powered design for businessesEconomy

Correctify targets faster AI-powered design for businesses

Nicosia, Cyprus. Correctify, an AI graphic design platform founded by CEO Giorgos Gennaris and CTO Marios Simou, aims…

July 16, 2026 · Cyprus
Stek urges short-term rental reform as Cyprus innovation event draws 200 participantsEconomy

Stek urges short-term rental reform as Cyprus innovation event draws 200 participants

Nicosia, Cyprus. The association of Cyprus tourist enterprises (Stek) renewed calls for a comprehensive overhaul of short-term holiday…

July 16, 2026 · Cyprus
UK banking adviser urges domestic AI investment amid limited Mythos accessEconomy

UK banking adviser urges domestic AI investment amid limited Mythos access

London, United Kingdom. Britain must develop its own AI infrastructure, models and skills to avoid full reliance on…

July 16, 2026 · Cyprus
Cyprus targets several hundred megawatts of energy storage by end-2027Economy

Cyprus targets several hundred megawatts of energy storage by end-2027

Nicosia, Cyprus. Cyprus is expected to install several hundred megawatts of energy storage capacity by the end of…

July 15, 2026 · Cyprus