News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus Presents Professional Services to Austrian Investors at GEWINN-Messe in Vienna
The Ministry of Commerce ran an information stand at the GEWINN-Messe in Vienna on October 22 and 23, 2026, promoting Cyprus business and professional services.
EconomyCyprus social protection spending rises 5.1% to €6.59 billion in 2025, Eurostat estimates
Preliminary Eurostat data put Cyprus social protection spending at €6.59 billion in 2025, while its share of GDP…
EconomyCyprus Finance Minister and Chinese Ambassador Discuss Wider Economic Cooperation
Makis Keravnos and Yang Yundong met in Nicosia to discuss closer ties in trade, investment, shipping and green…
EconomyCyprus Banks Keep Capital Buffers Well Above EU Average in Second Quarter of 2026, ECB Data Show
European Central Bank figures show Cypriot lenders had a CET1 ratio of 21.5 per cent in June 2026,…
EconomyCentral Bank of Cyprus Opens Three Graduate Internship Places in IT and Human Resources
The Central Bank of Cyprus has announced three placements for recent graduates and postgraduate students, two of them…
EconomyCyprus average full-time salary rises 5% to €29,547 in 2025 but stays far below EU level
Eurostat figures show Cyprus's adjusted full-time pay grew faster than the EU average in 2025, yet it remains…
EconomyCyprus business consultants’ association holds annual meeting and reviews priorities
The association of certified business consultants in Cyprus met in Nicosia to review its 2025-2026 work, including the…
EconomyCyprus and Vietnam Discuss Expanding Trade and Investment Ties at Nicosia Forum
At a forum in Nicosia hosted by the Cyprus Chamber of Commerce and Industry, officials and business representatives…
EconomyCyprus Posts Biggest Annual Rise in EU Retail Trade in September at 7.6 Per Cent
Eurostat data show Cyprus led the European Union in annual retail sales growth in September 2026, even as…
EconomyUS Ambassador Urges Cyprus to Reduce Bureaucracy to Retain American Companies
At the first annual American chamber of commerce conference in Cyprus, Ambassador John Breslow said investment barriers should…
EconomyCyprus current account deficit revised up to 8.8% of GDP for 2025, Eurobank Research warns
The Central Bank of Cyprus has raised its 2025 current account deficit estimate to 8.8% of GDP, and…