News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyFreedom Holding sees opportunity for Europe in applied AI
Athens, Greece. Freedom Holding Corp. said Europe has an opportunity to establish a significant position in the next phase of artificial intelligence by focusing on applied AI solutions. The parent company of Freedom24 participated…
EconomyCypriot entrepreneur rebuilds TravelX in New York after pandemic setbacks
Nicosia, Cyprus. Cypriot entrepreneur Elias Orfanou has moved to New York to rebuild TravelX, a tour booking platform…
EconomyCTC raises Ermes Department Stores stake to 86.275% after takeover bid
Nicosia, Cyprus. Cyprus Trading Corporation (CTC) increased its direct holding in Ermes Department Stores Plc to 86.275 per…
EconomyPoullikkas Says GSI Costs Are Governed by EU Recovery Framework
Nicosia, Cyprus. The Great Sea Interconnector will not automatically result in higher electricity bills, as its costs are…
EconomyKeve launches consultation on excessive EU law implementation
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve), as coordinator of Enterprise Europe Network Cyprus, has…
EconomyBusiness groups urge new UK prime minister to cut energy levies
London, United Kingdom. Britain’s new prime minister should cut energy levies paid by businesses to support economic growth,…
EconomyCyprus parliament rejects landfill tax on municipal waste
Nicosia, Cyprus. Parliament on Tuesday rejected government legislation to introduce a landfill tax on municipal waste, with MPs…
EconomyRussians accounted for 51% of foreign home purchases in Cyprus in 2025
Nicosia, Cyprus. Russians accounted for 51 per cent of foreign residential property purchases in Cyprus during 2025, according…
EconomyCyprus limits role in European VAT fraud investigation to information sharing
Nicosia, Cyprus. Cypriot authorities have not conducted investigations or taken interrogation measures in connection with an ongoing European…
EconomyLarnaca district authority secures more than €39m in EU funding
Larnaca, Cyprus. The Larnaca district government (EOA) has secured more than €39 million in European funding for infrastructure,…
EconomyCypriot agritech startup LIVIA wins European Innovation of the Year at Gen-E 2026
Riga, Latvia. Cypriot university student team LIVIA won the European Innovation of the Year award at Gen-E 2026,…