Souzana Psara

The governor and senior officials of the Central Bank of Cyprus (CBC) presented the next steps in the transition to the second and final part of the digital euro project’...

Maritime accident fatalities involving EU-registered ships rose slightly in 2024, with 13 people killed worldwide, according to Eurostat data. The figures were based on reports submitted by EU member states, Iceland and ...

The Cyprus Trade Centre in Dubai visited Gulfood Manufacturing 2025 at the Dubai World Trade Centre, meeting four participating Cypriot companies, as part of its broader effort to strengthen commercial ties ...

Nicosia turns into a small space hub today as Cyprus hosts the 6th COSPAR Symposium alongside a public ‘Space Science Street Festival’, offering the public a chance to meet astronauts, ...

Star Bulk Carriers, with ship management offices in Limassol, has placed an order for three Kamsarmax vessels at Hengli Shipyards in China, at an estimated construction cost of $35 million per ...

Cyprus and Greece may share a common reference point in real estate and services, yet their balance reveals two distinct growth models, according to Pavlos Loizou, CEO of Ask Wire. ...

The Digital Cooperation Organisation (DCO) this week launched the Digital Economy Navigator 2025 (DEN 2025) during the Second World Summit for Social Development in Doha, highlighting Cyprus’ strong performance in digital governance, ...

The industrial turnover index in Cyprus stood at 115.2 units in August 2025, marking a decrease of 3.4 per cent compared with August 2024, according to figures released this week by the Cyprus Statistical ...

Deputy Minister of Tourism, Costas Koumis feels optimistic for the next tourist season following a series of meetings he held with tour operators and airlines at the World Travel Market (...

Anyone who benefited from the previous 5 per cent VAT scheme for the purchase or construction of a main residence in Cyprus will remain covered only until June 2026, when the transitional ...

Cyprus is stepping up preparations ahead of taking over the Presidency of the Council of the European Union in the first half of 2026, with ministries and public services working at ...

Revolut has chosen Cyprus as the official centre of its European operations in digital assets, after securing a Markets in Crypto-Assets (MiCA) licence from the Cyprus Securities and Exchange Commission (...

While many European countries are still figuring out how to teach young people to think like innovators rather than employees, Cyprus already has entrepreneurship written into its national youth strategy, ...

Eurobank Limited, the new entity formed through the merger of Eurobank Cyprus and Hellenic Bank, is redefining Cyprus’ financial landscape while strengthening the island’s role as a key regional ...

Cyprus has so far received €568 million from the European Union’s Recovery and Resilience Facility (RRF), with the next disbursement expected soon, according to Finance Minister Makis Keravnos. Speaking during ...

The Cyprus Investment Funds Association (CIFA) on Tuesday released a statement recapping the 11th Cyprus International Funds Summit & Expo, including the robust discussions that took place, as well as ...

Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd. This has resulted in the creation of Cyprus’ ...

The UK High Commission, in collaboration with the Deputy Ministry of Tourism, is organising a high-level conference entitled “Safeguarding Cyprus’s Tourism Industry”, which will take place on Wednesday, November 26, 2025, ...

Cyprus retail trade rose sharply in September 2025, lifted by higher consumer spending across most categories, according to figures released on Monday by the Statistical Service (Cystat). The Turnover Value Index ...

Cyprus’ Deputy Ministry of Shipping presented a slightly surplus budget for 2026, with expenditures set at €18.7 million and projected revenues of €20.3 million, during a session of the Parliamentary Finance Committee at ...

Cyprus’ shipping industry remains firmly committed to the green transition, even after the International Maritime Organisation (IMO) decided to postpone by one year discussions on the Net Zero Framework (NZF), ...

Here are the top business stories in Cyprus from the week starting October 27: The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from ...

The Cyprus Real Estate Development Association welcomed the unanimous approval by the House of Representatives of the new law establishing a framework for the control of foreign direct investments (FDI), ...

Cyprus recorded a negative annual financial position of -€29.27 billion in 2024, according to the Cyprus Statistical Service (Cystat). As of December 31, 2024, total assets in financial instruments across the economy amounted ...