News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCabinet approves €35.6 million compensation package for farmers affected by foot and mouth disease
Nicosia, Cyprus. The cabinet on Wednesday approved €35.6 million in compensation for farmers affected by foot and mouth disease, Agriculture Minister Maria Panayiotou said. Five measures approved Panayiotou said five measures would be implemented…
EconomyCyprus urges measurable gender equality policies in shipping during EU Council presidency
Brussels, Belgium. Cyprus has placed gender equality in maritime firmly on the European agenda during its Presidency of…
EconomyDemetra Holdings completes purchase of 7,050 own shares at €1.55 each under buyback programme
Nicosia, Cyprus. Demetra Holdings Plc said it completed the purchase of 7,050 of its own shares on May…
EconomyCyprus Development Bank Group reports €17.2 million net income for 2025, down 25%
Nicosia, Cyprus. The Cyprus Development Bank Group (CDB) reported total net income of €17.2 million for 2025, a…
EconomyEurolife named Best Life Insurance Company Cyprus 2026 for sixth straight year
Nicosia, Cyprus. Eurolife said it has been recognised as the leading life insurance company in Cyprus, winning Best…
EconomyCyprus to cut minimum goat milk content in halloumi to 15% until end of 2026
Nicosia, Cyprus. Cyprus will reduce the minimum goat milk content in halloumi from 25% to 15% until the…
EconomyCyprus highlights shipping priorities at maritime events in Chios and Brussels
Nicosia, Cyprus. Cyprus used maritime events in Chios and Brussels this week to promote its shipping priorities, according…
EconomyDigital euro set for 2029 debut with ECB oversight and bank intermediaries
Brussels, Belgium. The digital euro, scheduled for a 2029 debut, is planned as a state-backed central bank digital…
EconomyDeutsche Bank and Euroxx reiterate positive ratings on Bank of Cyprus after Q1 2026 results
Nicosia, Cyprus. Deutsche Bank and Euroxx Securities reiterated positive recommendations for Bank of Cyprus after the lender reported…
EconomyCyprus betting revenue rises in Q4 2025 as Cyprus Stock Exchange outlines new privatisation phase
Nicosia, Cyprus. Cyprus’ National Betting Authority reported a 22% year-on-year rise in fourth-quarter 2025 betting gross revenue to…
EconomySafe Bulkers orders four Japanese-built dry bulk newbuildings, including first Capesize
Nicosia, Cyprus. Safe Bulkers has ordered four Japanese-built dry bulk vessels, including its first Capesize newbuilding, as it…