News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEU packaging rules to require takeaway outlets in Cyprus to accept reusable cups from February
Nicosia, Cyprus. Takeaway coffee shops and food outlets in Cyprus will be required to accept customers’ reusable cups from next February under new European Union packaging rules. The regulation will bring broad operational changes…
EconomyCentral Bank of Cyprus keeps countercyclical capital buffer rate at 1.5 per cent
Nicosia, Cyprus. The Central Bank of Cyprus on Monday announced that it has decided to maintain the countercyclical…
EconomyEU plans new funding framework to back cleaner ships, ports and maritime technology
Brussels, Belgium. The European Union is moving to create a new financing framework that could channel public and…
EconomyCyprus banking sector reports higher deposits and stronger lending in May 2026
Nicosia, Cyprus. Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures published…
EconomyCyprus reports 63 labour shortage occupations and 11 surpluses in 2024
Nicosia, Cyprus. Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to…
EconomyOceana urges EU to back low-impact fishermen in upcoming Ocean Act
Paphos, Cyprus. Oceana on Monday urged EU leaders to strengthen support for low-impact fishermen through the upcoming Ocean…
EconomyCyprus industrial production index rises 1.4 per cent in April 2026
Nicosia, Cyprus. Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026 to 113.4 units, according…
EconomyInvel Real Estate closes Eudora Fund 2 above €400 million target
Nicosia, Cyprus. Invel Real Estate said on Monday it closed its Eudora Fund 2 at more than €400…
EconomyEurobank repurchases 2.98 million shares in June under approved buyback programme
Athens, Greece. Eurobank announced on Monday that it repurchased 2,977,805 of its own shares between June 22 and…
EconomyCyprus prioritises competitiveness of flag and shipping sector amid global industry pressures
Limassol, Cyprus. Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key government…
EconomyCyprus delegation promotes technology and innovation ties at National University of Singapore event
Singapore, Singapore. Cyprus was the focus of an event held at the National University of Singapore on June…