Business

In March 2023 European Central Bank (ECB) chief Christine Lagarde fell for a prank call where she unwittingly revealed that Europe’s central bank digital currency, the digital euro, will have ...

Cyprus banking representatives recently visited European regulators in Brussels declaring that the island’s banks are “stronger than ever” citing impressive levels of key indicators on financial stability and profitability. ...

Younger internet users across the European Union were the most frequent recipients of hostile or degrading online content during 2025, according to a report from Eurostat. Exposure to such content was ...

Cyprus businesses urged to prepare for global competition In a rapidly evolving business environment, some discussions focus more on exploring uncertainties than providing clear answers. This insight comes from consultant ...

Construction output across the eurozone and the wider European Union saw a modest rise in April 2026 as industry figures signal ongoing recovery across the continent. According to the latest data ...

Here are the top business stories in Cyprus from the week starting June 15: Brussels hosted the European Innovation Council Summit 2026 this month, where Laurence Petit, Director of Innovation at France’...

The European Union saw a surge in its international trade activity during 2025, with exports of final services reaching a record level of 61 percentage points above 2017 levels, according to Eurostat. This ...

Elon Musk’s SpaceX (SPCX.O) is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the ...

A strong business ecosystem in the EU meets a high quality Mediterranean lifestyle, says bbf: 1. How have you seen demand for modern business properties in Limassol evolve in recent years? ...

Digital Cooperation Organisation (DCO) Secretary-General Deemah AlYahya used her visit to Cyprus to strengthen a series of international and local partnerships, underlining the island’s growing role as an emerging ...

By Nektarios Michail and Kyriacos Lambrias Since the outbreak of the war between US and Iran and the subsequent intermittent closure of the strait of Hormuz, ship crossings have been ...

The euro area reported a trade in goods deficit of €1 bn in April 2026, marking a significant reversal from the surplus of €8.7 bn recorded in April 2025, according to the latest figures ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a June initiative inviting agri-food and agri-tech stakeholders to join the European NEXTCHAIN matchmaking platform, aimed at fostering innovation and ...

Lifeguard shortages continue to affect Cyprus’ beaches, with the most acute staffing gaps reported in Limassol and Paphos, the interior ministry said on Friday. Speaking to the Cyprus News Agency (...

Non-profit organisation Cyprus Seeds successfully concluded its participation in the Doers Summit 2026 in Limassol last month, where it reinforced its position as the island’s only scientific innovation catalyst by ...

Taxi drivers have voiced concern over the impact of declining tourism on the sector, warning that support measures may be needed if current conditions persist, they reported on Friday. The ...

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the ...

The preliminary agreement between the United States and Iran is expected to lead to further reductions in fuel prices, the energy ministry said on Monday. “There was a de-escalation in ...

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain ...

With Bitcoin down roughly 45% from its October 2025 highs, SaintQuant describes how market-neutral, AI-driven strategies are designed to pursue stable returns regardless of price direction. CAIRNS, Queensland — June 18, 2026 — The cryptocurrency market ...

Strait of Hormuz traffic rises, but security risks continue to slow full return to normality  Ships have begun leaving the Persian Gulf after the US and Iran agreed to ease ...

For much of the past decade, digital payments were discussed primarily in terms of convenience – faster checkout, simpler transfers, less paperwork. That framing is now outdated. Digital payments have become ...

Strovolos and the wider Nicosia area are set to be promoted as a model accessible sports and tourism destination through the implementation of the European project SPORTS4ALL. The 24-month ...

‘Europe needs ecosystems, not just capital’ Europe’s long-term competitiveness will depend less on the amount of money available to startups and more on the strength of the ecosystems supporting ...