News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyEtyk congress focuses on unresolved restoration of bank employees’ 2013 crisis losses
Nicosia, Cyprus. The restoration of losses suffered by bank employees during the 2013 financial crisis was a central issue at the 58th annual general congress of bank workers union Etyk, held in Nicosia on…
EconomyECB raises rates by 25 basis points as Iran war uncertainty clouds next moves
Frankfurt, Germany. The European Central Bank raised interest rates by 25 basis points in its first increase since…
EconomyCyprus ranks seventh in EU for business social media adoption in 2025
Nicosia, Cyprus. Businesses in Cyprus ranked among the highest in the European Union for social media adoption in…
EconomyCyprus records employment gains, pension fund decline, and signs tax deal with Hong Kong
Nicosia, Cyprus. Cyprus recorded a 0.4 per cent rise in employment in the first quarter of 2026, remained…
EconomyEurobank launches five-year share allocation programme for staff and executives
Athens, Greece. Eurobank has launched a five-year programme for the free allocation of shares to management executives, employees…
EconomyNational Bank of Greece launches first phase of 2026 share buyback programme
Athens, Greece. National Bank of Greece has announced the launch of the first phase of its 2026 share…
EconomyCyprus among EU countries with strongest employment growth in first quarter of 2026
Nicosia, Cyprus. Cyprus was among the EU member states that recorded the highest increase in employment in the…
EconomyMedochemie marks 50 years since its founding in Limassol
Limassol, Cyprus. Medochemie marked its 50th anniversary in 2026, reflecting on its development from a Limassol-based start-up into…
EconomyDemetra Holdings Plc completes acquisition of 3,744 own shares
Nicosia, Cyprus. Demetra Holdings Plc on Friday announced that it has completed a fresh acquisition of its own…
EconomyCyprus Cement Public Company Ltd acquires 1,650 of its own shares
Nicosia, Cyprus. Cyprus Cement Public Company Ltd announced on Friday that it had proceeded with the acquisition of…
EconomyCyprus and Hong Kong sign agreement to eliminate double taxation and combat tax evasion
Nicosia, Cyprus. The Republic of Cyprus on Friday signed an agreement with the government of the Hong Kong…