News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyGoogle loses final EU appeal against Android antitrust fine
Luxembourg, Luxembourg. Alphabet’s Google lost its appeal against a record EU antitrust fine over Android, as Europe’s highest court upheld the penalty imposed for practices regulators said blocked rivals. The ruling confirms a €4.1…
EconomyCyprus financial wellbeing index rises in 2025 but household pressure remains widespread
Nicosia, Cyprus. The Financial Wellbeing Index for Cyprus rose in 2025, but household financial pressure remains widespread, according…
EconomyCyprus rental costs and house prices continued to rise in early 2026, Eurostat data show
Nicosia, Cyprus. Rental costs in Cyprus continued to increase in the opening months of 2026, while house prices…
EconomyCyprus unemployment rate falls to 3.1% in May 2026, Eurostat says
Nicosia, Cyprus. Cyprus’ seasonally adjusted unemployment rate fell to 3.1 per cent in May 2026, according to figures…
EconomyCyprus house price growth slows annually in first quarter of 2026
Nicosia, Cyprus. Cyprus house prices rose at a slower annual pace in the first quarter of 2026, while…
EconomyMaritime security threats are becoming interconnected across key global shipping routes, EOS Risk warns
Athens, Greece. Commercial shipping is no longer dealing with isolated danger zones but with a chain of crises…
EconomyCyprus inflation rises to 3.1 per cent in June 2026, driven by petroleum products and agricultural goods
Nicosia, Cyprus. Cyprus’ inflation rate rose to 3.1 per cent in June 2026, according to figures released by…
EconomyBank of Cyprus wins two EMEA Finance awards for €300 million Tier 2 bond issuance
Nicosia, Cyprus. Bank of Cyprus said on Thursday it received two honours at the EMEA Finance Achievement Awards…
EconomyPresident pays tribute to businessman Nicos Shacolas after his death
Nicosia, Cyprus. President Nikos Christodoulides on Thursday expressed condolences following the death of prominent Cypriot businessman Nicos Shacolas,…
EconomyAUB Mediterraneo and Cyta sign partnership to boost innovation and skills in Cyprus
Paphos, Cyprus. The American University of Beirut – Mediterraneo and Cyta have signed a memorandum of understanding aimed…
EconomyCypriot entrepreneur and philanthropist Nicos Shacolas dies at 98
Nicosia, Cyprus. Cypriot business magnate Nicos Shacolas, one of the country’s most prominent entrepreneurs and philanthropists, has died…