News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyAlpha Bank to distribute 4.2 million treasury shares to staff under 2025 bonus plan
Athens, Greece. Alpha Bank said on Wednesday that it will distribute 4.2 million treasury shares free of charge to executives and employees under its 2025 Combined Bonus Plan. The allocation covers 4,209,501 own common…
EconomyLeptos Group highlights flagship projects as Cyprus prepares summer tax inspections
Limassol, Cyprus. Leptos Group has placed branded residences, large-scale seafront developments and international partnerships at the centre of…
EconomyCyprus property market shifts toward integrated workplace and living ecosystems
Nicosia, Cyprus. Technology and remote working were long expected to make physical offices redundant, but the market has…
EconomyCySEC orders regulated firms to submit data for AMLA direct supervision selection
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission has issued an urgent directive requiring regulated entities to submit…
EconomyCyprus government defends housing policy after criticism from Disy
Nicosia, Cyprus. Cyprus’ interior ministry said on Wednesday that housing has been one of the government’s top priorities…
EconomyDisy says Cyprus housing crisis is worsening as prices and rents continue to rise
Nicosia, Cyprus. Disy said on Tuesday that Cyprus’ housing crisis is worsening rather than easing, warning that faster…
EconomyECB approves Andreas Persianis for National Bank of Greece (Cyprus) board
Nicosia, Cyprus. The National Bank of Greece (Cyprus) announced on Wednesday that the European Central Bank approved the…
EconomyPasydy says concerns over state wage bill expansion do not reflect reality
Nicosia, Cyprus. Public servants’ union Pasydy said on Wednesday that concerns over an alleged expansion of the state…
EconomyCITEA says Cyprus AI and computing launch creates opportunities for research and innovation
Nicosia, Cyprus. Cyprus this week marked a milestone in artificial intelligence and high-performance computing, with the Cyprus Information…
EconomyGreece raises €3 billion in reopening of 10-year bond amid strong investor demand
Athens, Greece. Greece raised €3 billion on Wednesday through the reopening of an existing 10-year bond maturing in…
EconomyCounterfeit goods in Cyprus cause annual losses of up to €63 million, EUIPO says
Nicosia, Cyprus. Counterfeit goods in Cyprus cause losses of up to €63 million per year, according to new…