National Bank of Greece buys back 300,000 own shares in August
The National Bank of Greece has acquired 300,000 of its own shares during the period from August 7 to August 14, at a weighted average price of €13.1384 per share, with a total cost ...
Articles
Athens flight delays spark Ryanair anger over European air traffic control
Low cost air carrier Ryanair has expressed anger over what it described as a chaotic European Air Traffic Control (ATC) system following delays on 12 of its flights at Athens airport ...
Tourism
Wildfires dent Paphos tourism but ‘Cypriots save the day’
Hotel bookings in Paphos have slowed sharply as recent wildfires have unsettled travellers, according to Evripides Loizides, president of the Paphos hoteliers association.
Speaking to the Cyprus News Agency (CNA), ...
Cyprus natural gas could fuel hydrogen shift — regional collaboration vital
The Eastern Mediterranean has the potential to become a significant hub for the production and export of hydrogen, according to a recent mathematical forecasting study by Frederick University’s H2...
EU surpasses global benchmark in renewable energy reliance
The European Union’s reliance on renewable energy in its overall energy supply is higher than the global average, according to the latest figures published by Eurostat.
In 2022, renewables represented 18.9 ...
EU economy resilient but set to cool under tariffs, warns Lagarde
European Central Bank (ECB) president Christine Lagarde has warned that the global economy is facing a period of heightened uncertainty, while underlining the resilience of both global and euro area ...
Economy
Cyprus records lowest inflation rate in EU in July
Cyprus recorded the lowest inflation rate in the European Union in July 2025, figures by both Eurostat and the Cyprus Statistical Service (Cystat) showed on Wednesday.
Specifically, the Harmonised Index of ...
Cyprus Stock Exchange to delist 13-week government bonds
The Cyprus Stock Exchange (CSE) on Wednesday announced that trading of the 13-week government bonds, 5th issuance of 2025, with the code TB13E25, will be suspended.
Trading will be halted ...
Low renewable energy and high emissions weigh on Cyprus ranking
The Sustainable Development Solutions Network (SDSN) Cyprus has expressed concern over the country’s ranking of 56th out of 167 nations and last in the European Union in the 2025 Sustainable Development ...
Keve meets with tax commissioner, tables reform proposals
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it held “a constructive meeting” with tax commissioner Soteris Markides.
According to the announcement, the chamber was represented ...
Tourism
Almost 600,000 tourists flock to Cyprus in July
Tourist arrivals in Cyprus rose by 6.9 per cent in July, with well over half a million visitors being recorded, according to figures released on Tuesday by the state statistical service.
...
Banking
Bank of Cyprus named best bank by Euromoney for tenth year running
Euromoney, an international magazine focused on banking, finance and financial markets, has named the Bank of Cyprus (BoC) the best bank in Cyprus in its 2025 awards for excellence.
This marks ...
Keve highlights EU consultation on digital markets act regulation
The European Commission has launched a public consultation for the first review of the Digital Markets Act (DMA) Regulation, the Cyprus Chamber of Commerce and Industry (Keve) announced this week.
...
Cyprus GDP grows 3.3 per cent in second quarter, flash estimate shows
Cyprus’ GDP growth rate in real terms for the second quarter of 2025 was positive, reaching an estimated 3.3 per cent over the corresponding quarter of 2024, according to the latest flash estimate ...
Cyprus sees modest increase in construction materials prices
Cyprus’ construction materials price index recorded a year-on-year increase of 1.19 per cent in July, according to a report released on Monday by the state statistical service.
Specifically, the construction materials ...
Banking
Cypriot banks’ non-performing loan ratio holds at 5.9 per cent in May
The non-performing loans (NPL) ratio of the Cypriot banking sector remained steady at 5.9 per cent in May, when compared with April 2025, the Central Bank of Cyprus (CBC) said in a ...
Cyprus names authorities for digital resilience in financial sector
The Finance Ministry has formally designated the authorities responsible for ensuring compliance with the European Union’s digital operational resilience rules in the financial sector.
The announcement, published in the ...
Cyprus regulator warns public against unlicensed platforms
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors concerning a series of websites that are not authorised to provide investment services or perform investment activities.
...
Finance Ministry prolongs public debate on tax reform until September
The Finance Ministry on Monday announced that the public consultation on the package of bills concerning the planned tax reform has been extended.
In a post on social media platform ...
Baker Tilly South East Europe to broaden footprint in Cyprus and Greece
Baker Tilly South East Europe (BTSEE) on Monday confirmed the completion of its merger with professional services firm MHA, in a deal valued at €24 million.
This follows an announcement originally ...
From Kyiv to Cyprus, Tribuna eyes global sports media dominance
Cyprus offers stability and opportunity for the relocated sports media platform
Sports media platform Tribuna.com co-founder Dmitry Navosha has shared his story with the Cyprus Mail in an in-depth ...
Smartphone growth fuels global expansion of digital finance
The World Bank’s latest Global Findex Database shows that mobile phones and the internet are transforming financial inclusion worldwide, making digital financial services more accessible, affordable, and widely used.
...
Cyprus-based Skich Store launches Android alternative after Epic Games victory
A Cyprus-headquartered gaming platform has moved quickly to take advantage of Epic Games’ courtroom victory over Google, launching its own Android store to offer developers and players a new distribution ...
Cyprus businesses urged to join EU consultation on subsidies
Cyprus businesses are being urged to participate in a European Commission public consultation on draft guidelines for foreign subsidies that could distort the EU internal market.
The Cyprus Chamber of ...