Kyriacos Nicolaou

Cyprus maintained a steady economic profile between 2024 and 2025, with figures from Eurostat confirming that the island remains close to the European Union average for living standards. The island recorded an ...

Poor transport links and difficult access to Troodos are the biggest barriers to the region’s further tourism development, according to Troodos regional tourism board (Etap Troodos) president Nikos Matthaiou. ...

Consumer prices rise across the euro area The euro area annual inflation rate climbed to 3.2 per cent in May 2026, marking a rise from the 3.0 per cent recorded in April, according ...

Cyprus has emerged as a leader in protecting young people from severe material and social deprivation, according to newly released figures from Eurostat for 2025. The island recorded a rate of ...

Cyprus improved its standing in the IMD World Competitiveness Yearbook 2026, climbing to 42nd place among 70 economies, up from 44th place in 2025. The country’s rise was primarily driven by stronger ...

Finance Minister Makis Keravnos has held talks with Ontario Minister of Economic Development Victor Anthony Fedeli on strengthening economic cooperation between Cyprus and Canada, with discussions focusing on bilateral relations, ...

Alpha Bank Cyprus has announced that it hosted a special event in Nicosia on Tuesday where it unveiled a new specialised unit aimed at strengthening its services for institutional clients ...

Cyprus residents experienced household costs that were lower than the European Union average in 2025, as a wide divide in consumer prices across the continent, according to Eurostat. Specifically, Cyprus recorded ...

Regulation must keep pace with fast-moving startups, says Kruczkowska Europe’s innovation ecosystem must address persistent fragmentation and strengthen cross-border coordination if startups are to grow into global scale-ups, according ...

Cyprus’ construction material prices climbed further in May, according to the state statistical service (Cystat), with higher costs for metals, wood and electromechanical products continuing to shape the outlook for ...

ERA warns Europe’s regional air links remain fragile Europe’s regional air connectivity remains under pressure and island states such as Cyprus risk being disproportionately affected by rising costs ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial entities about the growing cybersecurity threats posed by advanced artificial intelligence models and called on firms to strengthen their ...

The European Union and Jordan have confirmed that a major investment conference aimed at deepening economic ties between the two sides will take place on November 19, 2026 at the Dead Sea. ...

Constantinou Bros Hotels Public Company Ltd has issued an interim profits forewarning for the first half of 2026, indicating that financial performance is expected to weaken compared with 2025. Specifically, the board ...

Cyprus-based IT distributor Asbis has confirmed that its subsidiary Asbis Middle East FZE has brought into force a new agreement with Apple Distribution International Ltd, expanding its role as an ...

Nicosia is set to become an innovation hub as the Cyprus Computer Society prepares to host the ninth Robotex Pancyprian Educational and Athletics Robotics Competition. Scheduled for Saturday, June 27, 2026, and ...

Budget airline Wizz Air has hit out at the European Parliament and Council following a political agreement to overhaul EU air passenger rights, warning that the reforms threaten to inflate ...

Cyprus’ economy continued to display a mixed but generally resilient performance in the opening months of 2026, with strong growth in construction activity and vehicle registrations offset by weaker exports and ...

Cyprus’ Harmonised Index of Consumer Prices recorded a notable rise of 3.5 per cent year-on-year in May 2026, according to the latest figures released by the Cyprus Statistical Service (Cystat). This economic ...

Cyprus recorded a decline in tourist arrivals during May 2026, with visitor numbers falling by 4.9 per cent compared with the same month last year, according to figures released by the statistical ...

Human ingenuity is the new currency, says Amazon senior vice president Europe and Cyprus must prioritise speed, connectivity and human ingenuity if they are to turn technological innovation into real-world ...

Deputy Minister highlights digital priorities at EU conference Europe must move beyond regulation and become a builder, deployer and scaler of critical technologies, according to Deputy Minister of Research, Innovation ...

Members of the board of the Cyprus Chamber of Commerce and Industry (Keve) met with Finance Minister Makis Keravnos on Monday, in order to discuss current economic challenges as part ...

The European Banking Authority (EBA) on Tuesday published a comprehensive review of the European Union bank microprudential, macroprudential and resolution capital framework, as part of its ongoing simplification and efficiency ...