News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus general government posts €593.4 million surplus in January-April 2026
Nicosia, Cyprus. Cyprus’ general government recorded a fiscal surplus of €593.4 million in January-April 2026, preliminary data released on Friday by the Cyprus Statistical Service showed. The surplus was equal to 1.5% of GDP,…
EconomyIoannou defends business-friendly housing policy and urges action on shared buildings bill
Nicosia, Cyprus. Interior Minister Constantinos Ioannou defended the government’s business-friendly approach to housing and development, saying the private…
EconomyPosidonia 2026 to draw more than 2,200 exhibitors in Athens
Athens, Greece. Posidonia 2026 is expected to highlight the global reach of Greek shipping, with more than 2,200…
EconomyCyprus property, fuel and cooperation developments reported in latest updates
Nicosia, Cyprus. Cyprus recorded a record year for the property market in 2025, while rental prices in Nicosia…
EconomyNicosia to host Fourth Professional Services and Economy Conference on June 4
Nicosia, Cyprus. A major economic summit on the trajectory and contribution of the professional services sector is set…
EconomyCyprus sees opportunities in waste management and minerals, minister says
Larnaca, Cyprus. Reducing environmental impacts while improving supply security is creating new opportunities for Cyprus, particularly in waste…
EconomyCyprus industrial production index rises 4.7% in March, Cystat says
Nicosia, Cyprus. Cyprus’ industrial production index rose 4.7% year on year in March, according to the state statistical…
EconomyCyprus property market posts record 2025 as rents rise in major cities
Nicosia, Cyprus. Cyprus’s property market recorded a record-breaking year in 2025, with total transaction value reaching €6.5 billion,…
EconomyPwC Cyprus CEO-elect says AI is a defining force for business competitiveness
Nicosia, Cyprus. PwC Cyprus CEO-elect Andreas Yiasemides said artificial intelligence is no longer a future ambition or a…
EconomyCyprus fuel prices expected to fall within 10 days, petrol station owners say
Nicosia, Cyprus. Fuel prices in Cyprus are expected to fall within the next 10 days following a recent…
EconomyCyprus boosts shipping ties at Posidonia receptions in Athens
Athens, Greece. Deputy Shipping Minister Marina Hadjimanolis attended receptions hosted by Columbia Shipmanagement and Bank of Cyprus in…