News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyWomen managed 6.5% of Cyprus’ agricultural area in 2023, Eurostat reports
Eurostat figures show women managed 6.5% of utilised farmland in Cyprus in 2023, compared with an EU average of 17.5%.
EconomyNicosia event to examine practical AI applications for businesses
AI in Practice will bring founders, SME owners and senior executives to European University Cyprus on 19 October…
EconomyChristodoulides says EU budget proposal could face cuts of more than 10 per cent
President Nikos Christodoulides said the EU’s proposed 2028–2034 budget could shrink by 10 or 11 per cent, warning…
EconomyRevised pension reform bill expected to reach social partners on Friday
Labour Minister Marinos Mousiouttas hopes to advance pension reforms swiftly, with implementation still targeted for January 1, 2027.
EconomyCyprus farming groups welcome rainfall as no significant damage reported
Farming organisations say recent rain has helped agriculture across Cyprus, while power has been restored to several farms…
EconomyCyprus and Brazil set up council to deepen business and investment ties
A new bilateral council will support investment and business partnerships, helping companies in Cyprus and Brazil reach markets…
EconomyCyprus audit regulator acts on allegations over Deloitte and Abramovich assets
Adeelep says it is acting on allegations that Deloitte Cyprus helped hide Roman Abramovich’s assets, while its general…
EconomyIMF lifts Cyprus growth forecast for 2027 to 3.2 per cent
Finance Minister Makis Keravnos welcomed the IMF’s higher 2027 growth projection, while the Fund lowered its 2026 estimate…
EconomyCyprus targets trusted regional AI hub status by 2032
Deputy Minister Nicodemos Damianou says Cyprus’s AI strategy prioritises public services, five established industries, skills and innovation.
EconomyCyprus startups should aim to become ‘agrinos’, commentary argues
A commentary proposes a Cyprus-specific benchmark for startup success, arguing that businesses valued at €100 million can make…
EconomyLimassol chamber challenges city’s 3.8% share of major infrastructure budget
Evel says just three major infrastructure projects in next year’s state budget concern Limassol, worth about €57 million…