Business

The European Securities and Markets Authority (ESMA) adopted a new digital strategy and updated its data strategy to bolster technology-driven supervision and streamline regulatory reporting across the European Union. These ...

Business & Economy wrap-up from the day before Cyprus witnessed a significant surge in tourism activity as the European Union reached a historic 3.08 billion nights spent at accommodation establishments in 2025. ...

An event aimed at strengthening cybersecurity in Cyprus and translating European research into real-world operations will take place on January 23, 2026, as part of the CY-TRUST project. The event, titled “From ...

Revenue from carbon dioxide related taxes across the European Union experienced a surge between 2017 and 2023, climbing from €15 billion to €51 billion. According to Eurostat, these levies, which are strictly applied to ...

The share of workers employed in agriculture across the European Union fell from 5.2 per cent in 2013 to 3.9 per cent in 2023, reflecting a decade-long decline in farm employment. This trend is ...

Half of the smart electricity meters which the electricity authority (EAC) had aimed to install have now been installed, Marios Pappoutis, the transmission system operator’s assistant network operator said ...

Markets often begin pricing future utilities long before the utility itself goes live. This pattern is common in DeFi, where protocols may not have users yet but already trade at ...

Operating an electricity grid on a small island is a “particular challenge”, Marios Pappoutis, the transmission system operator’s assistant network operator said on Friday. “The operation of the grid ...

Finance Minister Makis Keravnos will travel to Brussels on January 18 to participate in the Eurogroup session and chair the ECOFIN Council meetings, where eurozone economic priorities and member state recovery ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced the launch of the PLANBEE project, marking the start of a major Mediterranean-wide initiative to transform the bee economy ...

Tourism prospects for 2026 are shaping up positively in both Larnaca and Paphos, with local authorities pointing to continuity, targeted upgrades and a stronger emphasis on quality and sustainability, even as ...

Hotels dominate accommodation market across the EU in 2025 Cyprus witnessed a significant surge in tourism activity as the European Union reached a historic 3.08 billion nights spent at accommodation establishments in 2025. ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has outlined a roadmap for the Cypriot economy, balancing optimism with a stern warning that current successes must not lead to a ...

Cyprus emerged as one of the leading industrial performers in the European Union in November 2025, recording a substantial 10.5 per cent increase in output compared to the same month the previous ...

Renewable energy sources supplied 47.5 per cent of gross electricity consumption in the European Union in 2024, with Cyprus recording one of the lowest shares in the bloc, according to Eurostat. The ...

Occupancy levels across Cyprus’ hotel sector in 2025 broadly matched those recorded a year earlier and, in some cases, edged slightly higher, reinforcing a second consecutive year of stable performance, according ...

The implementation of the EU-funded ReTour programme, designed to strengthen the resilience of small and medium-sized enterprises in the tourism sector across the Mediterranean, has officially begun, including in Cyprus. ...

Kinisis Ventures closed the final quarter of 2025 with its Fund I and Fund II portfolios demonstrating significant operational maturity and disciplined execution across the technology spectrum, ranging from artificial intelligence ...

The euro area recorded a €9.90 billion surplus in trade in goods with the rest of the world in November 2025, according to Eurostat, as declining exports of manufactured goods outweighed a ...

Major sectoral labour agreements have been concluded, but negotiations are now turning to the renewal of business-level collective contracts in the private sector, a process expected to affect several thousand ...

Deputy Ministry of Shipping director general Theodoulos Mesimeris expects that the new comprehensive strategy to prevent, monitor, and respond to marine pollution will be ready before the summer season begins. ...

Services production across the euro area and the EU experienced a steady increase of 0.3 per cent in October 2025 as the sector continued its upward trajectory despite varied performances across different ...

The formulation of a bilateral agreement between Cyprus and Israel on the management of the Aphrodite-Ishai gas fields “appears to be in the final stages,” the state-run news agency said ...

The Cyprus Composite Leading Economic Index recorded an annual increase of 2.0 per cent in December 2025, according to the Economics Research Centre of the University of Cyprus. The centre said the ...