Kyriacos Nicolaou

Cyprus joins EU-wide move to tax low-value imports Consumers in Cyprus purchasing goods from outside the European Union will face a temporary flat-fee duty of €3 per item starting July 1, 2026, according ...

IMF managing director Kristalina Georgieva has warned that European Union nations face a significant fiscal challenge as public debt levels threaten to climb sharply over the coming decades. Public debt ...

Brussels hosted the European Innovation Council Summit 2026 this month, where Laurence Petit, Director of Innovation at France’s CEA, shared insights on how Europe can transform scientific excellence into successful ...

Safety officials and education authorities recently launched a new fire safety educational programme for primary and secondary schools at the Astromeritis Primary School, according to an announcement released on Monday. ...

Global investment in data centre infrastructure is projected to reach $1.6 trillion by 2030, with major technology firms set to deploy more than $600 billion in artificial intelligence capital expenditure during 2026 alone, according ...

European Supervisory Authorities recently published their first annual overview of major ICT-related incidents in the European Union financial sector, revealing a rising pattern of cross-border disruptions and warning that increasingly ...

The European Banking Authority (EBA) has published its draft methodology, templates and guidance for the 2027 EU-wide stress test, introducing major changes aimed at simplifying data requirements and improving risk sensitivity ...

Industry analysts at market intelligence firm Omdia presented new data at NEM Dubrovnik 2026, forecasting that streaming platform Netflix will reach nearly 400 million subscribers globally by the end of 2031. This milestone ...

Semiconductor revenue surged by 27 per cent during the first quarter of 2026, reaching a total of $319bn, according to the latest research from Omdia. This record-breaking growth marks the highest quarterly ...

Half of all businesses currently find themselves trapped by unnecessary software subscriptions, a concerning trend that is stifling digital innovation across Europe as companies struggle with ballooning IT costs. These ...

Streaming revenue reaches $176 billion in milestone year Online video services strengthened their dominance in 2025, with research firm Omdia reporting that global streaming subscriptions climbed sharply while pay-TV subscriptions continued to ...

Greek households experienced a quiet but significant erosion of wealth between 2021 and 2025 as inflation significantly outpaced the returns on traditional bank savings, according to a new report from Freedom24. While ...

Cyprus businesses are among the highest in the European Union for social media adoption, with nearly 80 per cent of enterprises integrating these platforms into their daily operations. According to figures ...

Cyprus is punching above its weight in the European labour market as the latest Eurostat figures reveal a significant surge in the number of people finding work during the opening ...

The European Union saw 3 million unemployed people secure jobs during the first quarter of 2026, marking a significant period of transition within the continental labour market. This figure represents 22.9 per cent ...

Greek lender Eurobank has launched a five-year programme for the free allocation of shares to management executives and employees, as well as staff at affiliated companies. Implementation of the programme ...

The National Bank of Greece has announced the launch of the first phase of its 2026 share buyback programme, following approvals granted by shareholders and regulatory authorities. The first phase of ...

Medochemie marked its 50th anniversary in 2026, reflecting on a journey that transformed a Limassol-based start-up into a global pharmaceutical exporter built on vision, innovation and sustained international expansion. Behind five ...

Demetra Holdings Plc on Friday announced that it has completed a fresh acquisition of its own shares. According to the announcement, the firm successfully acquired a total of 3,744 own shares ...

The Cyprus Cement Public Company Ltd announced on Friday that the firm has proceeded with the acquisition of its own shares. The move follows the execution of a decision taken ...

The Finance Ministry on Friday announced the upcoming maturity of the 13-week Treasury Bills associated with the third issue of 2026, which spans the period from March 20, 2026, to June 19, 2026. These government ...

The Republic of Cyprus on Friday signed an agreement with the government of the Hong Kong Special Administrative Region of the People’s Republic of China aimed at eliminating double ...

The profitability of Cyprus’ banking sector fell by 23.6 per cent during the first quarter of 2026, according to updated aggregate figures by the Central Bank of Cyprus (CBC). The Central Bank ...

Cyprus ranks third in eurozone for pension fund numbers Cyprus retained the third-highest number of pension funds in the eurozone despite a decline of more than 30 per cent over the ...