News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus farmers warn 30% agricultural water cut will hit crops, feed and consumer prices
Nicosia, Cyprus. Agricultural association president Kyriakos Kailas warned on Saturday that severe reductions in water supply to agriculture would have devastating consequences for farmers and consumers. He described the planned cuts as “catastrophic” as…
EconomyCyprus specialty coffee shops cater to niche market amid high national coffee consumption
Nicosia, Cyprus. Specialty coffee shops in Nicosia are drawing a niche clientele by offering single-origin beans and rotating…
EconomyFreedom Finance hosts Limassol discussion on AI infrastructure and decentralisation
Limassol, Cyprus. Freedom Finance hosted a fireside chat at its Limassol offices this week featuring Daniil Liberman alongside…
EconomyCyprus Economic Sentiment Indicator slips 0.2 points in January as business confidence weakens
Nicosia, Cyprus. The Economic Sentiment Indicator in Cyprus fell by 0.2 points in January, reflecting weaker business confidence…
EconomyCBC forecasts Cyprus GDP growth to ease in 2025 as debt ratio and unemployment decline
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) said Cyprus’ GDP growth is expected to decelerate to 3.5…
EconomyEU forecasts warn of rising reliance on US LNG as Russian gas ban approaches
Brussels, Belgium. Forecasts published last week indicate the EU could be reliant on the United States for 80…
EconomyGeorge Malekkos takes over as CITEA president, sets priorities on member value and AI responsibility
Nicosia, Cyprus. George Malekkos has taken over as president of the Cyprus Information Technology Enterprises Association (CITEA), setting…
EconomyCyprus household financial assets rise to €63 billion by end-September 2025, CBC says
Nicosia, Cyprus. Cyprus household financial assets rose to €63 billion at the end of September 2025, with more…
EconomyCyprus GDP growth seen easing to 3.5% in 2025, Central Bank of Cyprus says
Nicosia, Cyprus. The Central Bank of Cyprus said Cyprus’ GDP growth is expected to slow to 3.5% in…
EconomyLarnaca marina redevelopment discussions focus on dredging, nautical club tender and proposal review
Larnaca, Cyprus. Transport Minister Alexis Vafeades met local authorities on Friday to discuss next steps for the stalled…
EconomyCyprus unemployment rate falls to 4.3% in December 2025, Eurostat says
Nicosia, Cyprus. Cyprus’ seasonally adjusted unemployment rate fell to 4.3% in December 2025, according to Eurostat. The data…