Souzana Psara

Cyprus recorded a 3.7 per cent year-on-year increase in hourly labour costs during the first quarter of 2026, exceeding the euro area average, according to figures released by Eurostat. The increase in ...

The European Commission has launched a public consultation on the EU’s markets in crypto-assets regulation, as it prepares to review whether the bloc’s digital assets framework remains fit ...

Cyprus helped steer a long-awaited European agreement on air passenger rights this week, with EU officials saying the revised rules will bring clearer compensation procedures, stronger protection for travellers and ...

Greek shipowner George Prokopiou has warned that global development depends on open seas and access to affordable energy, calling for greater realism in Europe’s maritime and environmental policies.  Speaking ...

The growing presence of Israeli entrepreneurs in Larnaca was discussed on Monday during a meeting between Larnaca chamber of commerce and industry president (Evel) Nakis Antoniou and Israel’s Ambassador ...

The agreement between the US and Iran to end their military standoff has brought immediate relief to international markets, sending oil prices lower and easing fears over energy supplies.  However, ...

Cyprus’ role as a bridge between Europe, the Middle East and Africa came into focus on Monday, as officials, business leaders and investment experts gathered in Nicosia for the EuroMED ...

The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract more productive investments that create genuine economic activity, new jobs and knowledge ...

Wholesale trade turnover in Cyprus rose sharply in the first quarter of 2026, while activity in the sales and repair of motor vehicles sector declined compared with the same period a ...

Cyprus has moved to position itself among Europe’s more competitive jurisdictions for cryptocurrency investors, introducing a dedicated tax regime for crypto assets from January 1, 2026, with a flat 8 per cent ...

Total employment in Cyprus’ broad public sector reached 78,388 persons in the first quarter of 2026, marking a year-on-year increase, according to the state statistical service (Cystat). According to Cystat, employment in ...

Cyprus’ Chief Scientist for Research, Innovation and Technology, Demetris Skourides, represented the country at two European science and policy meetings in Austria and Germany last week, as discussions focused on ...

Cyprus recorded 13,905 job vacancies in the first quarter of 2026, with the job vacancy rate standing at 2.8 per cent, according to the Statistical Service (Cystat).  Overall, the figures point to continued ...

The US-Iran agreement marks an important development for energy markets and global trade, although inflationary pressure is expected to remain in place for some time, according to University of Cyprus ...

The International Maritime Organisation (IMO) has welcomed the peace agreement announced between the US and the Islamic Republic of Iran, saying it signals “a crucial return to peace, dialogue, multilateralism ...

Limassol’s worsening traffic problem is no longer just a source of daily frustration, but a threat to the city’s growth, business confidence and ability to retain major companies, ...

Digital transactions in Cyprus are continuing to grow at a rapid pace, as consumers and businesses increasingly move towards card payments, mobile banking, electronic wallets and fintech applications. The shift ...

Amazon executive Panos Panay will headline a fireside chat on how innovation can be turned into real-world economic and social value during the international conference ‘Shaping the Next Digital Frontier’, ...

Here are the top business stories in Cyprus from the week starting June 8: Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the ...

Freedom24 has announced the appointment of Yerzhan Abdykerov as a member of the company’s Board of Directors, following approval from the Cyprus Securities and Exchange Commission (CySEC).  According to ...

Cyprus’ real estate sector continued to expand sharply in February, with building permits recording strong growth across most categories and pointing to a broader pipeline of residential development.  According to ...

Cyprus sought to strengthen its profile as a destination for technology companies, start-ups and investors during the Dublin Tech Summit 2026, held end of May at the RDS Dublin in Ireland.  ...

European governments must strengthen the systems behind labour migration if they are to help employers cope with chronic staff shortages, Krum Garkov, former member of the Bulgarian Prime Minister’s ...

The Institute of Certified Public Accountants of Cyprus (Selk) will hold its 65th annual general meeting on Thursday, June 18, at the Nicosia municipal theatre, marking 65 years since its establishment and ...