News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus house sales return to growth in 2025, Eurostat data show
Nicosia, Cyprus. Cyprus recorded a return to growth in house sales in 2025, with transactions rising by 3.8 per cent, according to Eurostat data on housing market trends across European Union member states. The…
EconomyCyprus housing loans rise sharply in May as average mortgage rate reaches 4.06 per cent
Nicosia, Cyprus. New housing loans in Cyprus rose significantly in May 2026, while the average interest rate on…
EconomyCyprus trade sector posts growth in turnover, value added and employment in 2024
Nicosia, Cyprus. Cyprus’ wholesale and retail trade sector recorded growth across turnover, production value, value added and employment…
EconomyCyprus construction output rises 0.7% in first quarter of 2026, prices up 4.7%
Nicosia, Cyprus. Cyprus’ construction sector recorded annual growth of 0.7 per cent in production and 4.7 per cent…
EconomyAlpha Bank Cyprus appoints new CFO and expands executive committee responsibilities
Nicosia, Cyprus. Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial…
EconomyEurobank repurchases 2.7 million shares for €11.4 million under buyback programme
Athens, Greece. Eurobank S.A. said on Monday it repurchased 2,704,466 of its own shares between June 29 and…
EconomyAlkis H. Hadjikyriacos confirms dividend payment to shareholders
Nicosia, Cyprus. Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd confirmed on Monday that it has completed the…
EconomyEuropean Commission reviews Thalia 2021-2027 projects across Cyprus
Nicosia, Cyprus. European Commission representatives toured multiple sites funded under the Thalia 2021-2027 programme in Cyprus last week…
EconomyCyprus business groups sign cooperation memorandum on corporate governance
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Institute of Directors and Corporate…
EconomyCyprus deputy shipping minister travels to London for maritime industry promotion event
London, United Kingdom. Cyprus Deputy Shipping Minister Marina Hadjimanoli travels to London on Monday to attend an event…
EconomyCyprus Chief Scientist ranked among top LinkedIn creators in GovTech and public sector
Nicosia, Cyprus. Cyprus’ Chief Scientist Demetris Skourides said his ranking among the world’s leading LinkedIn creators in GovTech…