News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCyprus central bank reports lower March housing loan rates, deposit rates below euro area
Nicosia, Cyprus. The Central Bank of Cyprus (CBC) said interest rates on new housing loans declined in March, while borrowing costs for businesses remained above the euro area average. The bank also reported that…
EconomyKeve and Koag sign memorandum to strengthen housing and land development policies
Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Land Development Organisation (Koag) have…
EconomyCyprus Stock Exchange marks 30th anniversary, highlights reforms, partnerships and digitalisation plans
Nicosia, Cyprus. The Cyprus Stock Exchange on Thursday recapped its 30th anniversary event, highlighting its contribution to economic…
EconomyCyprus Shipping Chamber highlights resilience and growth prospects at annual meeting in Limassol
Limassol, Cyprus. Cyprus shipping remains positioned for further growth, the Cyprus Shipping Chamber said at its 37th annual…
EconomyCyprus building permits jump 76.9% in January as property sales rise in April
Nicosia, Cyprus. Cyprus recorded a sharp rise in building permits issued in January, indicating an expansion in construction…
EconomyLeptos Calypso Hotels reports higher 2025 revenues, profits and lower borrowing
Nicosia, Cyprus. Leptos Calypso Hotels Public Limited reported higher revenues and operating profits in 2025 and reduced its…
EconomyBank of Cyprus prices €300 million senior preferred notes under EMTN Programme
Nicosia, Cyprus. The Bank of Cyprus announced on Thursday that it successfully launched and priced a €300 million…
EconomyCyprus banks association urges businesses to stay proactive against cybercrime and financial fraud
Nicosia, Cyprus. The Association of Cyprus Banks urged businesses to strengthen cybersecurity measures, saying proactive prevention is the…
EconomyShipping should underpin Europe’s resilience agenda, Safe Bulkers CEO tells EU trade retreat in Geneva
Geneva, Switzerland. Safe Bulkers CEO Polys Hajioannou said shipping must be treated as one of the foundations of…
EconomyCyprus-based startups raised over €12 million across seven disclosed funding rounds in early 2026
Limassol, Cyprus. Seven Cyprus-based startups closed funding rounds in the first four months of 2026, bringing total disclosed…
EconomyCyprus industrial production rises 1.8% year-on-year in March 2026, Eurostat says
Nicosia, Cyprus. Cyprus recorded a 1.8 per cent year-on-year increase in industrial production in March 2026, according to…