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News: Economy

Cyprus news in the “Economy” category — updated throughout the day.

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CySEC launches tenders for regulatory support and Azure cloud infrastructure servicesEconomy
Economy

CySEC launches tenders for regulatory support and Azure cloud infrastructure services

Nicosia, Cyprus. The Cyprus Securities and Exchange Commission has launched two public tenders covering regulatory support services and Azure cloud infrastructure. Submission deadlines for the two projects are set for July 13 and July…

June 22, 2026Cyprus
Bank of Greece reports slight decline in managed loan portfolios in first quarter of 2026Economy

Bank of Greece reports slight decline in managed loan portfolios in first quarter of 2026

Athens, Greece. The Bank of Greece reported that the nominal value of loans managed by domestic credit servicing…

June 22, 2026 · Cyprus
Digital euro debate grows as cash limits and digital payment measures advance across EuropeEconomy

Digital euro debate grows as cash limits and digital payment measures advance across Europe

Nicosia, Cyprus. Debate over the future of cash and the introduction of a digital euro has intensified following…

June 21, 2026 · Cyprus
Consultant Ahmad El Husseini reflects on AI, client expectations, and the future of consultingEconomy

Consultant Ahmad El Husseini reflects on AI, client expectations, and the future of consulting

Nicosia, Cyprus. Consultant Ahmad El Husseini said artificial intelligence, automation, and shifting client expectations are reshaping consulting and…

June 21, 2026 · Cyprus
DCO chief advances Cyprus digital partnerships as central bank cuts 2026 and 2027 growth forecastsEconomy

DCO chief advances Cyprus digital partnerships as central bank cuts 2026 and 2027 growth forecasts

Nicosia, Cyprus. DCO Secretary-General Deemah AlYahya used a visit to Cyprus to strengthen international and local partnerships focused…

June 20, 2026 · Cyprus
How higher energy-driven inflation could affect Cyprus households and consumer spendingEconomy

How higher energy-driven inflation could affect Cyprus households and consumer spending

Nicosia, Cyprus. Rising energy prices following disruptions to shipping through the Strait of Hormuz have pushed inflation higher,…

June 20, 2026 · Cyprus
Cyprus chamber invites agri-food and agri-tech stakeholders to join NEXTCHAIN platform in JuneEconomy

Cyprus chamber invites agri-food and agri-tech stakeholders to join NEXTCHAIN platform in June

Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry has announced a June initiative inviting agri-food and agri-tech…

June 20, 2026 · Cyprus
Cyprus taxi drivers warn of tourism slump as costs rise and business declinesEconomy

Cyprus taxi drivers warn of tourism slump as costs rise and business declines

Nicosia, Cyprus. Taxi drivers in Cyprus have raised concerns over the impact of declining tourism on the sector,…

June 19, 2026 · Cyprus
ECB data shows EU bank assets rose to €33.50 trillion as Cyprus profits declined in early 2026Economy

ECB data shows EU bank assets rose to €33.50 trillion as Cyprus profits declined in early 2026

Brussels, Belgium. The European Central Bank said total assets held by EU-headquartered credit institutions rose by 1.6 per…

June 19, 2026 · Cyprus
Fuel prices expected to fall further after US-Iran preliminary agreementEconomy

Fuel prices expected to fall further after US-Iran preliminary agreement

Nicosia, Cyprus. The preliminary agreement between the United States and Iran is expected to lead to further reductions…

June 19, 2026 · Cyprus
Central Bank of Cyprus cuts 2026 and 2027 growth forecasts amid Middle East warEconomy

Central Bank of Cyprus cuts 2026 and 2027 growth forecasts amid Middle East war

Nicosia, Cyprus. The Central Bank of Cyprus on Friday revised down its forecasts for economic growth in 2026…

June 19, 2026 · Cyprus