News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus firm Radiacode expands pocket radiation detectors after €2.5 million funding boost
Cyprus-based Radiacode used a combined €2.5 million in venture capital and a Research and Innovation Foundation grant to develop new compact radiation detectors and grow internationally.
EconomyFitch lifts Cyprus credit rating to A as debt falls, but households still feel cost pressures
Fitch Ratings has raised Cyprus' long-term rating to A from A- with a stable outlook, citing fiscal strength…
EconomyCySEC urges investors to check firms and resist hasty decisions in new anti-scam guide
The Cyprus Securities and Exchange Commission has issued a retail investor guide warning about convincing online fraud, emotional…
EconomyChristodoulides calls for public-private cooperation to draw investment and tackle housing affordability
Addressing the Association of Large Investment Projects in Nicosia, the president said quality investment is a strategic priority,…
EconomyCypriot law firms need cloud, data access and AI training to benefit from legal technology, article argues
An opinion article says EEA-hosted cloud storage, direct software access to CyLaw and university training in AI would…
EconomyCyprus Savers Still Earn Among Lowest Deposit Rates in Eurozone as Borrowing Costs Near European Levels
Central Bank of Cyprus and ECB data show deposit rates in Cyprus rose in September 2026 but stayed…
EconomyChristodoulides and Keravnos welcome Fitch upgrade of Cyprus credit rating to A
Fitch raised Cyprus' credit rating from A- to A and changed the outlook from positive to stable, prompting…
EconomyCyprus banks top EU capital average, salaries trail, Alpha Bank sets 2030 plan
Cypriot banks reported a CET1 ratio of 21.5 per cent in June, average pay remained far below the…
EconomyMoody’s Flags Four Risks for Greek Banks as New Bad Loans Rise
Moody's says renewed bad-loan growth, capital quality, cyber threats and geopolitical uncertainty could test Greek banks, though it…
EconomyCyprus to launch four-year strategy to attract foreign investors and skilled workers
Interior Minister Constantinos Ioannou announced the plan at the American commerce chamber's conference in Nicosia, as the government…
EconomyCentral Bank of Cyprus halts sales of 2025 and 2026 euro circulation coins over technical issue
The Central Bank of Cyprus has stopped selling Cyprus euro circulation coins minted in 2025 and 2026 because…