Kyriacos Nicolaou

Figures released by Eurostat on Thursday show that labour market slack in the European Union stood at 11.7 per cent of the extended labour force in 2024. This represents 26.7 million people aged 15 ...

The Cyprus Securities and Exchange Commission (CySEC) this week adopted new joint guidelines, requiring financial entities to estimate the aggregated annual costs and losses caused by major Information and Communications ...

Cyprus-based ASBISc Enterprises PLC, commonly known as Asbis, this week released its estimated consolidated revenues for September 2025, showing a significant increase in turnover compared to the same period last year. ...

Cyprus’s Consumer Price Index remained negative for the fourth consecutive month in September 2025, according to the latest data from the statistical service and the Consumer Protection Service’s Consumer ...

The Bank of Cyprus (BoC) on Wednesday announced that its 6th BoC Fintech Hackathon, held at the IDEA Innovation Centre from October 10–12, 2025, “concluded with resounding success”. According to the announcement, ...

Twenty municipalities across Cyprus will follow the precedent set in 2025 for their 2026 budgets, sharing a state grant totalling €117 million. According to a report by Philenews, this grant represents a significant ...

A new partnership between services firm Totalserve and crowdfunding platform Crowdbase aims to strengthen Cyprus’ startup ecosystem by combining expert advisory services with innovative funding options. The collaboration was announced ...

The Cyprus Stock Exchange (CSE) on Wednesday announced the admission for listing of 25,000 new 13-Week Treasury Bills of the Republic of Cyprus. These newly listed government bills, which represent the 10...

Paphos has been recognised among the world’s leading sustainable destinations after earning a place in the Top 100 Green Destinations Stories 2025, highlighting its success in fostering green and sustainable growth ...

The European Supervisory Authorities (ESAs) have issued joint guidelines designed to improve coordination, oversight, and information sharing between EU supervisory bodies under the Digital Operational Resilience Act (DORA), which becomes ...

Greece’s National Bank of Greece (NBG) announced this week that an estimated €35 billion investment in infrastructure is urgently needed over the next decade for the Greek islands to secure ...

The Cyprus Securities and Exchange Commission (CySEC) has concluded a settlement agreement of €10,000 with MD&TR Consulting Ltd over a possible violation of the law regarding the provision of ...

The Human Resource Development Authority of Cyprus (Anad) and the Nicosia Multipurpose Municipal Centre have signed a memorandum of cooperation, the two bodies announced on Tuesday. The partnership, originally formalised ...

Cyprus recorded one of the strongest budget surpluses in the entire European Union in 2024, coming in second only to Denmark and defying the deficit trend seen across the euro area ...

Government debt, measured as a percentage of gross domestic product (GDP), increased across the euro area and the wider European Union (EU) at the end of the second quarter of 2025, ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €30.07 billion as of September 30, 2025, according to its most recent financial statement signed by governor Christodoulos Patsalides. The statement ...

Eurobank’s decision to reacquire full ownership of Eurolife FFH Life Insurance has been described as a credit-positive development for the Greek lender, according to a Moody’s assessment. In ...

Cyprus’ general government recorded a fiscal surplus of €1.44 billion in 2024, equivalent to 4.1 per cent of GDP, according to audited data verified under the European Commission’s Excessive Deficit Procedure. According ...

Demetra Holdings Plc announced that it has completed the repurchase of 6,370 own shares at a price of 1.64 cents per share on October 20, through the Cyprus Investment and Securities Corporation Ltd (...

Petrolina (Holdings) Public Ltd has announced the passing of its executive chairman of the board of directors Costakis N. Lefkaritis, who died on October 20, at the age of 82. The company ...

Production in construction decreased by 0.1 per cent in the euro area during August 2025, compared with July 2025, according to seasonally adjusted figures released by Eurostat this week. During the same period, ...

The Cyprus Chamber of Commerce and Industry (Keve), as coordinator of the Enterprise Europe Network Cyprus, this week released a statement on the upcoming brokerage event “HoReCa – ENOEXPO 2025”. The event ...

The Cyprus Statistical Service (Cystat) announced this week the launch of the European Statistics Competition 2025-2026. “Following another record-breaking year with approximately 27,000 participants, the European Statistics Competition will take place ...

Cyprus has officially introduced a new immigration framework that allows student pilots and aircraft mechanics to enter the country under student status, a move that brings it in line with ...