News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyShipping leaders call for stronger maritime cooperation at ICS Rome summit
Rome, Italy. Shipping leaders at the International Chamber of Shipping summit in Rome this week called for stronger cooperation across the maritime sector, as industry figures said major challenges cannot be addressed by individual…
EconomyEuropean property investors shift focus from price discounts to market fundamentals
Nicosia, Cyprus. Europe’s property markets are entering the second half of 2026 with investors placing greater emphasis on…
EconomyEU reaches provisional agreement on single digital platform for posted workers declarations
Brussels, Belgium. The Council of the EU under the Cyprus presidency and the European Parliament reached a provisional…
EconomyDigital euro to offer offline use and cards by 2030 as Limassol hotels face lower bookings
Limassol, Cyprus. The digital euro will offer offline transactions, physical cards for people who do not use smart…
EconomyCyprus apartment prices rise 10.8% in first quarter of 2026, Central Bank says
Nicosia, Cyprus. Apartment prices in Cyprus rose by 10.8 per cent in the first quarter of 2026 compared…
EconomyIMF says Cyprus economy likely to slow this year amid energy prices and weaker tourism
Nicosia, Cyprus. Cyprus’ economy is expected to slow this year despite remaining resilient to geopolitical pressures, as higher…
EconomyCyprus signs first contracts for large-scale battery storage to support solar power
Nicosia, Cyprus. Cyprus signed its first contracts for large-scale electricity storage batteries on Tuesday, as part of efforts…
EconomyCySEC suspends Mind Money Limited licence over suspected regulatory breaches
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission on Tuesday announced the full suspension of Cyprus Investment Firm…
EconomyDigital euro to support offline payments and physical cards, CBC official says
Nicosia, Cyprus. The digital euro will support offline transactions, physical cards for people who do not use smart…
EconomyCyprus central bank reviews systemic risk buffer amid warning over banking sector vulnerabilities
Nicosia, Cyprus. Central Bank of Cyprus Governor Christodoulos Patsalides said the bank is examining the activation of a…
EconomyCyprus lending criteria unchanged in Q1 2026 as loan demand rises, central bank says
Nicosia, Cyprus. Lending criteria for businesses and households in Cyprus remained unchanged in the first quarter of 2026…