News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus household costs remained below EU average in 2025, Eurostat data showed
Nicosia, Cyprus. Cyprus recorded household final consumption expenditure prices at 89.2 per cent of the European Union average in 2025, according to Eurostat. The figures placed the country below the bloc’s average amid wide…
EconomyCyprus urged to broaden housing debate beyond supply and ownership
Nicosia, Cyprus. Cyprus needs a broader discussion on housing that goes beyond the number of homes being built…
EconomyBasic consumer goods prices rise in May, with cold cuts posting the sharpest monthly increase
Nicosia, Cyprus. Prices for several basic consumer goods continued to rise in May, according to the consumer protection…
EconomyCyprus faces challenge of turning macroeconomic stability into productive economic transformation
Nicosia, Cyprus. Cyprus has recorded strong growth, fiscal surpluses, declining public debt and low unemployment in 2026, but…
EconomyEurope urged to improve coordination to help startups become global scale-ups
Brussels, Belgium. Europe’s innovation ecosystem must address persistent fragmentation and strengthen cross-border coordination if startups are to grow…
EconomyiFX EXPO in Limassol closes with focus on global economy, regulation and business resilience
Limassol, Cyprus. Outgoing Fiscal Council president Michalis Persianis joined Darius Anucauskas, Chief Market Analyst at Markets.com, on Thursday…
EconomyCyprus construction material prices rose in May, driven by metals, wood and electromechanical products
Nicosia, Cyprus. Cyprus’ construction material prices increased further in May 2026, according to the state statistical service Cystat,…
EconomyERA warns regional air connectivity in Europe remains under pressure, with risks for island states
Nicosia, Cyprus. Europe’s regional air connectivity remains under pressure, and island states such as Cyprus risk being disproportionately…
EconomyCySEC warns financial firms over AI-driven cyber threats and calls for stronger resilience
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission has warned regulated financial entities about growing cybersecurity threats linked…
EconomyConstantinou Bros Hotels warns of weaker first-half 2026 results
Nicosia, Cyprus. Constantinou Bros Hotels Public Company Ltd has issued an interim profits forewarning for the first half…
EconomyAsbis expands Apple distribution role across multiple African markets through Dubai subsidiary
Nicosia, Cyprus. Cyprus-based IT distributor Asbis said a new agreement between its subsidiary Asbis Middle East FZE and…