Kyriacos Nicolaou

Government foreclosure bills were sent back to the Finance Ministry after gaps were identified during a discussion at the House Finance Committee. The issues raised focused primarily on procedural deadlines ...

A legislative proposal submitted by Disy and Diko aimed at providing transitional relief for legacy stock option schemes was discussed before the House Finance Committee this week. The proposal focuses ...

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week. The fiscal report for 2025 serves as a comprehensive review ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Eurobank S.A. has announced that its board of directors had appointed Alexandra Reich as an independent non-executive member, replacing Jawaid Mirza, who has resigned. The decision was taken at ...

Alpha Bank Cyprus announced its support as a strategic partner for the national awareness campaign “Proper Use of Medicines”, an initiative aimed at strengthening public understanding and responsible behaviour on ...

The Cyprus University of Technology (Tepak) is organising its Career Day 2026 in Limassol on March 26, 2026, to strengthen the connection between the academic community and the modern business world. The event ...

The Larnaca Chamber of Commerce and Industry (Evel) has expressed unanimous support for the separation of the city’s port and marina, endorsing plans for the development of a modern, ...

Greek industrial and energy company Metlen on Monday announced that it recently signed a Memorandum of Understanding (MoU) with the Naval Group, a French industrial company specialising in naval defense, ...

Demetra Holdings Plc on Monday announced that it had proceeded with a purchase of own shares during a session held on March 20, 2026, in line with its approved buyback programme. The ...

Eurobank S.A. on Monday announced that it had repurchased 1,907,008 own shares between March 16 and March 20, 2026, as part of its ongoing share buyback programme. The programme, which commenced following an ...

The Ministry of Commerce on Monday announced that Cyprus participated for the fifth consecutive year with a state pavilion at the international wine and spirits exhibition ProWein 2026, held in Dü...

The House Finance Committee on Monday examined a package of seven bills submitted by the Finance Ministry aimed at establishing a unified credit data exchange framework and introducing a credit ...

Credit rating agency Capital Intelligence Ratings on Monday affirmed Cyprus’ long-term foreign currency rating at BBB+ with a stable outlook, while also confirming the short-term rating at A2. The agency ...

The Association of Greek Professionals in Cyprus (Selek) has been officially established under the auspices of the Cyprus Chamber of Commerce and Industry (Keve), according to an official announcement. The ...

The Bank of Cyprus (BoC) on Monday announced an agreement to acquire performing loans, deposits and selected assets and liabilities from the Cyprus Development Bank (CDB), marking a strategic move ...

The Research and Innovation Foundation (RIF) concluded the Future Founders Academy programme with a Demo Day event in Nicosia, showcasing the creativity and potential of emerging entrepreneurial teams. The event, ...

Approximately 167,000 people in Cyprus remained at risk of poverty or social exclusion in 2025, according to the latest figures from the Cyprus Statistical Service (Cystat). Specifically, the statistical service on Monday ...

Trade union Isotita has submitted a memorandum to both the finance and labour minister, raising concerns over its exclusion from consultations on pension system reform. The union, which represents thousands ...

Opposition party Disy on Monday called for an emergency and holistic plan to address the economic impact of the Middle East crisis, warning that inaction is not an option amid ...

PwC Cyprus and the PwC Foundation supported Global Money Week 2026 by implementing an educational programme titled “Financial Literacy” for the fourth consecutive year across schools in Cyprus. According to an ...

The euro area recorded a trade deficit of €1.9 billion in January 2026, according to Eurostat, while Cyprus posted a significantly improved trade balance over the same period. The euro area deficit ...

The global server market reached a record $125.3 billion in revenue during the fourth quarter of 2025, driven by accelerating investment in artificial intelligence infrastructure, according to market analysts at the International ...

Economists from the European Central Bank (ECB) have warned that healthy oceans are vital for economic stability, highlighting growing risks from marine degradation. In a blog authored by Andrej Ceglar, ...