News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEurobank buys back 463,334 of its own shares for over €2.07 million in first week of November
Eurobank S.A. spent €2,078,832.02 acquiring 463,334 of its own shares on Euronext Athens between November 2 and November 6, 2026, at an average price of €4.4867.
EconomyMinerva Insurance completes payment of €0.0003 interim dividend for 2024 financial year
Minerva Insurance Company Public Ltd said it has paid shareholders an interim dividend of €0.0003 per share for…
EconomyCyprus labour advisory body moves to weekly talks on second pension pillar as experts warn of lengthy timeline
Experts told the government that provident funds could take three to four years to launch, as talks with…
EconomyKinisis Ventures backs US pet health AI startup Janus Labs AI in $1.8 million pre-seed round
Cyprus-based Kinisis Ventures has taken part in a $1.8 million pre-seed round for Janus Labs AI, a US…
EconomyKeve urges Cyprus to convert strategic partnerships into investment after AmCham conference
The Cyprus Chamber of Commerce and Industry said its president used the annual AmCham conference to call for…
EconomyCyprus aims to register new companies within two to four working days, minister tells parliament
Minister Michael Damianou says Cyprus seeks to complete company registrations in two to four working days, though some…
EconomyBank of Cyprus launches DANAI, the island’s first AI banking assistant, in its mobile app
Bank of Cyprus has introduced DANAI, an AI assistant in its mobile app that answers everyday banking questions…
EconomyECB calls for wider awareness of SEPA as south-eastern European households keep paying high transfer fees
The European Central Bank says many consumers in south-eastern Europe still use expensive remittance services and know little…
EconomyCyprus tech sector now generates nearly twice the value added of accommodation and food services
Revised Cystat national accounts show information and communication activities produced €4.64 billion in value added in 2025, against…
EconomyBritish couple faces auction of Limassol home over Swiss franc mortgage taken two decades ago
A pensioner couple from Britain may lose their only residence in Limassol by year's end after a credit-acquiring…
EconomyProposal Outlines Private Financing Model for Limassol’s Aktaia Odos Seafront Without State Money
An opinion piece suggests a private consortium could fund the €50 million Aktaia Odos project through preferred units,…