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News: Economy

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

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Cyprus retail trade turnover rises in December 2025, Cystat reportsEconomy
Economy

Cyprus retail trade turnover rises in December 2025, Cystat reports

Nicosia, Cyprus. Retail trade in Cyprus excluding motor vehicles recorded annual growth in both value and volume in December 2025, according to the Cyprus Statistical Service (Cystat). The figures also showed increases across the…

February 2, 2026
Cyprus MPs urge urgent changes to foreclosure and auction lawsEconomy

Cyprus MPs urge urgent changes to foreclosure and auction laws

Nicosia, Cyprus. MPs on Monday called for urgent changes to Cyprus’ foreclosure laws, pressing for the protection of…

February 2, 2026
Cyprus to repay zero-interest eurobond on February 9, 2026Economy

Cyprus to repay zero-interest eurobond on February 9, 2026

Nicosia, Cyprus. The Republic of Cyprus will repay a zero-interest government bond on February 9, 2026, with the…

February 2, 2026
Eurobank S.A. repurchases 1.76 million shares under buyback programmeEconomy

Eurobank S.A. repurchases 1.76 million shares under buyback programme

Athens, Greece. Eurobank S.A. said it repurchased 1,758,500 of its own shares between January 26 and January 30,…

February 2, 2026
Agros Development Company Proodos Public Ltd appoints Ernst and Young Cyprus Ltd as 2025 external auditorEconomy

Agros Development Company Proodos Public Ltd appoints Ernst and Young Cyprus Ltd as 2025 external auditor

Nicosia, Cyprus. Agros Development Company Proodos Public Ltd announced a change to its corporate governance after its board…

February 2, 2026
Cyprus casino regulator flags revenue rise and new competition as MPs review 2026 budgetEconomy

Cyprus casino regulator flags revenue rise and new competition as MPs review 2026 budget

Nicosia, Cyprus. MPs reviewing the Cyprus Gaming and Casino Supervision Commission’s 2026 budget were told casino revenues are…

February 2, 2026
Consumers’ association warns e-kalathi pricing may mislead shoppersEconomy

Consumers’ association warns e-kalathi pricing may mislead shoppers

Nicosia, Cyprus. The consumers’ association raised concerns on Monday that pricing shown on e-kalathi may mislead shoppers and…

February 2, 2026
Cyprus card payments reach 75% of total volume, Central Bank data showsEconomy

Cyprus card payments reach 75% of total volume, Central Bank data shows

Nicosia, Cyprus. Card transactions now account for 75 per cent of total payment volume in Cyprus, the second-highest…

February 2, 2026
Neophytou warns Cyprus state payroll surge is unsustainable, cites missed chance for 15,000 affordable homesEconomy

Neophytou warns Cyprus state payroll surge is unsustainable, cites missed chance for 15,000 affordable homes

Nicosia, Cyprus. Former Disy leader Averof Neophytou said Cyprus’ economy is being undermined by an unsustainable surge in…

February 2, 2026
Petrolina completes acquisition of ExxonMobil Cyprus Limited for €45.1 millionEconomy

Petrolina completes acquisition of ExxonMobil Cyprus Limited for €45.1 million

Nicosia, Cyprus. Petrolina (Holdings) Public Limited said it has completed the acquisition of ExxonMobil Cyprus Limited, with the…

February 2, 2026
CySEC highlights AI questionnaire for Cypriot SMEs under EU co-funded Data ProTech projectEconomy

CySEC highlights AI questionnaire for Cypriot SMEs under EU co-funded Data ProTech project

Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) highlighted an invitation for Cypriot small and medium-sized enterprises…

February 2, 2026