Cyprus Business News

Extreme scenarios causing unnecessary panic for Cyprus economy, board warns The Famagusta regional tourism board (Etap) on Friday called for calm and restraint amid concerns over regional tensions. In an ...

The Central Bank of Cyprus (CBC) on Friday reported a sharp decline in total net new loans in January 2026. Specifically, the figures showed that total net new loans fell by €377.7 ...

Cyprus continued to outperform most eurozone economies in fiscal balance in 2025, according to analysis released by Eurobank research economist Michail Vassileiadis, based on preliminary fiscal data and the first estimate ...

Beer deliveries in Cyprus were broadly flat in February 2026, according to figures released by the statistical service (Cystat). Domestic deliveries edged up by 0.5 per cent to 2.45 million litres, from 2.43m ...

Cyprus has emerged as one of the top economic performers in the European Union during the final months of last year, according to the latest data from the bloc’s ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the launch of a public consultation on proposed amendments to its directive governing the register of beneficial owners of express ...

Total employment in Cyprus increased by 2 per cent year-on-year during the fourth quarter of 2025, reaching an estimated 519,116 people, according to provisional national accounts data from the state statistical service (Cystat). ...

The Cyprus Federation of Employers and Industrialists (Oev) said this week that a revised decree on the employment of foreign students from third countries had been published in the Official ...

Cypriot shipping companies with vessels stranded in the Persian Gulf and the Gulf of Oman due to Iranian threats in the Strait of Hormuz have so far reported no direct ...

A global energy crisis triggered by the war in Iran appears increasingly likely in the short term, although a prolonged and catastrophic disruption remains less probable due to market resilience ...

Cyprus remained in positive territory for Jumbo Group at the start of 2026, with the retailer reporting a 3 per cent rise in February sales and a 6 per cent increase over the ...

The Cyprus Employers and Industrialists Federation (Oev) has established a new committee on education, training and the attraction of young talent as part of its broader strategy to strengthen workforce ...

Bank employees’ union Etyk has reached a preliminary agreement with the management of Societe Generale for the renewal of the collective balance for the period 2023 to 2027, following intensive negotiations. “This ...

The Cyprus Shipping Chamber (CSC) welcomed the publication of the European Industrial Maritime Strategy and the EU Ports Strategy by the European Commission, stating that the initiatives underline the maritime ...

The Paralimni-Deryneia municipality said this week it is stepping up preparations for the new tourist season, as the popular east coast destination gets ready to welcome the hundreds of thousands ...

Cyprus remains a safe tourism destination despite geopolitical tensions in the Middle East, Deputy Tourism Minister Kostas Koumis said after meetings with industry partners at the ITB Berlin tourism fair ...

Cyprus recorded a decline in retail trade volume in January 2026, even as the European Union overall registered a modest increase, according to Eurostat. According to the data, Cyprus retail trade ...

The Cyprus Chamber of Commerce and Industry (Keve) issued a circular this week to inform members about significant changes to the European Union VAT regime that have already come into ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

Cyprus recorded a 4.9 per cent increase in its industrial turnover index during December 2025 compared with the same month a year earlier, according to the latest figures released by the Cyprus ...

The Central Bank of Cyprus (CBC) issued a public notice on Thursday to inform people and businesses that banks will be closed for two upcoming national holidays. According to the ...

Cyprus economy resilient enough to withstand regional shock, says spokesman Government spokesman Konstantinos Letymbiotis on Thursday said that the Cyprus government is conducting ongoing assessments of the economic impact of ...

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...