News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyPaphos base shaped dreamfactory Hospitality strategy and Foyera focus, founder says
Paphos, Cyprus. Cyprus-based entrepreneur Yannik Schmidt-Grimm said building his business from Paphos shaped his strategy, scaling approach and technology focus as his group expands across Europe. Paphos operating environment Speaking to the Cyprus Mail,…
EconomyCyprus reports 51% uptake of e-business applications in 2025, near EU average, Eurostat says
Nicosia, Cyprus. Cyprus recorded a 51% uptake of specialised e-business applications in 2025, placing it close to the…
EconomyCyprus inflation rises to 3.0% in April 2026, Eurostat reports
Nicosia, Cyprus. Cyprus recorded a year-on-year inflation rate of 3.0% in April 2026, Eurostat reported. The rate rose…
EconomyCyprus housing costs rise above EU average as Paphos Hoteliers Association and Aegean report updates
Nicosia, Cyprus. Eurostat data show house prices and rents in Cyprus rising faster than the EU average, alongside…
EconomyHSBC report says Greek banks benefit from ECB tightening and sees earnings upgrades through 2027
Athens, Greece. HSBC said Greek banks remain among the main beneficiaries of a more stringent European Central Bank…
EconomyCyprus beehives fall to 33,640 in 2023 as EU total rises to 9.4 million, Eurostat says
Nicosia, Cyprus. Cyprus recorded 33,640 beehives in 2023, down from 38,130 in 2020, according to Eurostat data published…
EconomyCyprus Stock Exchange announces FTSE/CySE20 changes after half-yearly index review
Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) announced changes to the FTSE/CySE20 Index and broader CSE indices following…
EconomyUK inflation cools in April as energy cap cuts bite, but rising global costs cloud outlook
London, United Kingdom. British inflation cooled more than expected in April, with annual consumer price growth easing to…
EconomyCosmos Insurance shareholders approve €1 million dividend distribution
Nicosia, Cyprus. Cosmos Insurance Public Company Ltd said shareholders have approved a total dividend distribution of €1,000,000 following…
EconomyAltia highlights property options in Limassol and Paphos across homes, land and investment assets
Limassol, Cyprus. Limassol and Paphos continue to attract interest from buyers and investors, supported by access to infrastructure,…
EconomyAlpha Bank reports double-digit revenue growth and resilient profitability in Q1 2026
Athens, Greece. Alpha Bank reported strong operational performance in the first quarter of 2026, citing double-digit revenue growth…