News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus property sales rise 11.9 per cent in first five months of 2026
Nicosia, Cyprus. Cyprus property sales rose 11.9 per cent in the first five months of 2026, extending the market’s upward trend, although growth slowed in May. A total of 8,043 sales documents were filed…
EconomyCyprus inflation rises to 3.7 per cent in May, exceeding euro area average
Nicosia, Cyprus. Cyprus’ annual inflation rate rose to an estimated 3.7 per cent in May 2026, up from…
EconomyShipping leaders warn geopolitical shocks and fuel limits are widening emissions gap
Athens, Greece. Global shipping is facing a widening gap between political ambition and economic reality, as rising energy…
EconomyCypriot bank deposits fall by €123.1 million in April as loan growth slows
Nicosia, Cyprus. Deposits in the Cypriot banking system recorded a net decrease of €123.1 million in April 2026,…
EconomyFreedom Holding Corp. reports record fiscal year results, with net profit doubling
Almaty, Kazakhstan. Freedom Holding Corp., the parent company of Freedom24, said it posted record financial results for the…
EconomyCyprus to increase compensation and fines as foot and mouth culling continues
Nicosia, Cyprus. Farmers’ representatives have agreed to accept the culling of livestock on farms where foot and mouth…
EconomyCyprus economy grows 3% in first quarter of 2026 on stronger services and household spending
Nicosia, Cyprus. Cyprus’ economy expanded by 3 per cent year-on-year in the first quarter of 2026, supported by…
EconomyCyprus retail trade turnover rises in April 2026, Cystat says
Nicosia, Cyprus. Retail trade turnover in Cyprus continued to rise in April 2026, with both value and volume…
EconomyCyprus consumers association reports continued price fluctuations in late May
Nicosia, Cyprus. The Cyprus consumers association said consumer goods prices continued to fluctuate in the second half of…
EconomyeasyJet attracts takeover interest from Castlelake as shares lag peers
London, United Kingdom. Budget airline easyJet has caught the eye of U.S. investment firm Castlelake for a possible…
EconomyPwC Cyprus honours staff for top ACA, ACCA and university exam results
Nicosia, Cyprus. PwC Cyprus has honoured employees who achieved top results in ACA, ACCA and university examinations during…