News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus Stock Exchange extends suspension of trading in shares of four public companies
Nicosia, Cyprus. The Cyprus Stock Exchange on Tuesday announced the continuation of the suspension of trading in the shares of four public companies following a directive from the Cyprus Securities and Exchange Commission. The…
EconomyCyprus posts €552.9 million fiscal surplus in first five months of 2026
Nicosia, Cyprus. Cyprus recorded a general government fiscal surplus of €552.9 million during the first five months of…
EconomyPwC Cyprus says AI is emerging as a key source of operating leverage for companies
Nicosia, Cyprus. AI is becoming one of the most important sources of operating leverage for companies that know…
EconomyEU to impose €3 customs duty on low-value imports from non-EU sellers from July 2026
Brussels, Belgium. The European Union will begin applying a fixed €3 customs duty on low-value parcels imported from…
EconomyShipping industry will need nearly 114,000 additional officers by 2030, report says
London, United Kingdom. Global shipping will need nearly 114,000 additional officers by 2030 as demand for qualified seafarers…
EconomyEurobank appoints John Arthur Hollows to audit committee after vacancy
Nicosia, Cyprus. Eurobank announced on Monday that its board of directors appointed John Arthur Hollows, an independent non-executive…
EconomyCyprus lacks integrated long-term energy strategy, former CERA chief says
Nicosia, Cyprus. Cyprus lacks a coherent long-term energy strategy despite increasing pressures from costs, climate targets and geopolitics,…
EconomyAlpha Bank shareholders to receive cash dividend after annual meeting approval
Athens, Greece. Alpha Bank announced that shareholders will receive a cash dividend after the distribution was approved at…
EconomyCyprus reports labour shortages across 63 occupations as Paphos hotel occupancy declines
Nicosia, Cyprus. Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to…
EconomyCyprus chamber urges SMEs to join EU survey on workplace safety and subcontracting chains
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry has called on small and medium-sized enterprises to take…
EconomyBank of England’s Huw Pill says scenario-based guidance complicates consensus on rates
London, United Kingdom. Bank of England Chief Economist Huw Pill said on Monday that the central bank’s shift…