News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus ATM numbers fall as contactless access expands
Nicosia, Cyprus. The number of automated teller machines in Cyprus fell to 396 at the end of the second half of 2025, from 398 a year earlier, according to the Central Bank of Cyprus.…
EconomyVassiliko Cement Works reports €23.23m first-half profit
Nicosia, Cyprus. Vassiliko Cement Works Public Company Ltd reported a first-half profit of €23.23 million for 2026, up…
EconomyCentral Bank of Cyprus to revise payment institution licensing from August 2026
Nicosia, Cyprus. The Central Bank of Cyprus will overhaul the licensing process for electronic money institutions and payment…
EconomyMinds in Cyprus platform draws 750 diaspora professionals and 400 job vacancies
Nicosia, Cyprus. More than 750 Cypriot professionals worldwide have registered with the government’s Minds in Cyprus platform, while…
EconomyCBC report finds shift towards longer-term fixed-rate lending in Cyprus
Nicosia, Cyprus. The Central Bank of Cyprus said a stronger move towards longer-term fixed-rate loans, particularly mortgages, has…
EconomyCyprus new-build home sales reach €1.15bn in first half of 2026
Nicosia, Cyprus. Cyprus’ new-build residential property market recorded 3,594 sales worth €1.149 billion during the first half of…
EconomyAlpha Bank opens FinQuest 2026 competition to European startups
Athens, Greece. Alpha Bank has opened applications until September 20 for its FinQuest 2026 innovation competition, inviting startups,…
EconomyCyprus growth forecast cut to 2.7% for 2026 as inflation expected to rise
Nicosia, Cyprus. Cyprus’ real gross domestic product growth is projected to slow to 2.7 per cent in 2026…
EconomyCyta reports reforms as tourism revenue and unemployment decline in Cyprus
Nicosia, Cyprus. Cyta’s board of directors has presented its report for the February 2024 to July 2026 term,…
EconomyCyprus industrial production rises 0.5% in May
Nicosia, Cyprus. Cyprus recorded a 0.5 per cent annual increase in its industrial production index in May 2026,…
EconomyCySEC schedules 14 online training seminars for certified professionals
Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) has announced 14 one-day online professional training seminars for…