News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus harmonised inflation rises in April 2026 as energy and transport costs increase
Nicosia, Cyprus. Cyprus’ harmonised inflation rate rose in April 2026, according to the Cyprus Statistical Service (Cystat), with energy and transport contributing to both annual and monthly increases. HICP annual and monthly changes The…
EconomyAegean Airlines posts higher Q1 revenue and traffic as seasonal loss widens on forex and fuel costs
Athens, Greece. Aegean Airlines reported higher revenue and passenger traffic in the first quarter of 2026, but its…
EconomyLouis Hotels invests over €30m in renovations in Cyprus and Greece amid softer Cyprus demand
Paphos, Cyprus. Louis Hotels said it has invested more than €30 million in renovations across Cyprus and Greece…
EconomyCyprus general treasury writes off over €1 million in overdue debts and uncollected revenue in 2025
Nicosia, Cyprus. Cyprus’ general treasury said it wrote off more than €1 million in overdue debts and uncollected…
EconomyCitigroup raises Eurobank target price to €5.00, keeps buy rating after Q1 results
Athens, Greece. Citigroup raised its target price for Eurobank to €5.00 from €4.70 and maintained a buy recommendation…
EconomyEurostat data shows rising house prices and rents in Cyprus outpacing EU averages
Nicosia, Cyprus. Eurostat data shows house prices and rents in Cyprus rising faster than EU averages, alongside increasing…
EconomyCyprus highlights research commercialisation, Bank of Cyprus share listing, and women in maritime
Limassol, Cyprus. Rana K. Gupta said Cyprus should focus on commercialising research into market-ready products ahead of an…
EconomyCyprus cabinet approvals advance Kronos and Aphrodite gas plans, first production targeted for 2028
Nicosia, Cyprus. Cabinet decisions taken on Tuesday set in motion the process to take the first Cypriot natural…
EconomyCyprus Finance Ministry sets May 25, 2026 end of trading for 13-week Treasury Bills 2nd issue 2026
Nicosia, Cyprus. The Finance Ministry said trading in the 13-week Treasury Bills of the second 2026 issuance will…
EconomyBank of Cyprus to start trading 276,274 new executive incentive shares on May 20
Nicosia, Cyprus. The Bank of Cyprus (BoC) said 276,274 new shares issued to senior executives under incentive schemes…
EconomyLarnaca signs construction contract to begin Ayios Ioannis urban regeneration project
Larnaca, Cyprus. A major urban regeneration project in the historic area of Ayios Ioannis has entered the implementation…