Christmas meal costs stable in Nicosia, says price watchdog
The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...
Cyprus renewable energy share climbs again as EU falls short of 2030 goal
Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...
Christmas meal costs stable in Nicosia, says price watchdog
The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...
Cyprus renewable energy share climbs again as EU falls short of 2030 goal
Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...
Cyprus bucks sharper EU milk price rises in 2025
Agricultural prices across the European Union rose again in 2025 after a brief dip, according to Eurostat, with Cyprus standing out for recording one of the slowest increases in milk prices, ...
EU posts record €194 billion surplus in services trade
The European Union exported and imported record levels of services in 2024, according to a report from Eurostat.
Specifically, EU countries exported services worth €1 568 billion to countries outside the bloc in 2024, ...
Cyprus household consumption near EU average in 2024
Cyprus recorded levels of actual individual consumption close to the EU average during 2024, according to Eurostat, reflecting relatively strong household material welfare compared with several other member states.
Across the ...
Christmas meal costs stable in Nicosia, says price watchdog
The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...
Cyprus links EU security to economic resilience in 2026 plan
Cyprus has formally set out the political and institutional framework of its upcoming Presidency of the Council of the European Union, using a presentation in Lefkara to outline priorities that ...
Cyprus bucks sharper EU milk price rises in 2025
Agricultural prices across the European Union rose again in 2025 after a brief dip, according to Eurostat, with Cyprus standing out for recording one of the slowest increases in milk prices, ...
Cyprus economy tracked through new real-time data dashboard
The Cyprus Statistical Service (Cystat) has announced the launch of a new Dashboard for Short-Term Economic Indicators, aiming to give the public a clearer and more accessible overview of recent ...
Cyprus renewable energy share climbs again as EU falls short of 2030 goal
Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...
Cyprus household consumption near EU average in 2024
Cyprus recorded levels of actual individual consumption close to the EU average during 2024, according to Eurostat, reflecting relatively strong household material welfare compared with several other member states.
Across the ...
Cyprus to update consumer price index basket from January 2026
The Cyprus Statistical Service (Cystat) has that it will introduce significant changes to the Consumer Price Index from January 2026 onwards, aiming to better reflect current consumption patterns and improve the ...
Alpha Bank moves to create top-tier insurance group in Cyprus
Alpha Bank S.A. announced on Friday that it has agreed key commercial and legal terms for a strategic combination of insurance activities in Cyprus, aiming to create one of ...
Cyprus housing crisis puts young borrowers under growing strain
The Cyprus Borrower Protection Association (Syprodat) this week announced that a new European Commission initiative on affordable housing highlights the urgent need for substantive housing policies in Cyprus.
Syprodat explained ...
CySEC slaps Cyprus investment firm with €100,000 fine over licence breaches
Alpha Bank Cyprus marks milestone year after AstroBank acquisition
Bank of Cyprus partners with Avenga for new AI digital platform
Cyprus is turning public funding into a startup growth engine
Cyprus is no longer a quiet player in innovation. It is now ranked among the top 25 countries in the Global Innovation Index and sits within the world’s top 40 startup ...
The architecture of disbelief: stopping the silent heist
By Michael Ioannou
The most devastating burglaries today don’t require a crowbar; they require patience. We often imagine hackers as frantic typists in dark hoodies, but the modern financial ...
Research and innovation have become central to Cyprus economy, says RIF
Research and innovation are now central to Cyprus’ economic model, with the country’s ecosystem markedly strengthened over the past two years, according to the Chief Scientist and chairman of ...
Cyprus-based developer marks 8 million installs for hit game
Cyprus-based mobile game developer Top App Games Ltd announced on Tuesday that its hit title Ludus: Merge Arena has surpassed 8 million installs worldwide, underscoring the island’s growing role in ...
German tourist arrivals to Cyprus hit 28-year high of 250,000
The Alfa Reisen travel agent network recently held a tourism conference in Cyprus, drawing strong participation from the German tourism industry and reinforcing the island’s efforts to deepen its ...
Lordos Hotels reports €3.5m profit for 2024, expects improvement in 2025
Lordos Hotels expects an improvement in its financial performance in 2025 compared with the previous year, according to the Cyprus stock exchange (CSE) announcement on Thursday.
The group reported profit attributable ...
Fair rent under the Rent Control Law
The concept of “fair rent” under the Rent Control Law is not synonymous with what each landlord or tenant may subjectively consider a “reasonable” rent. The legislator has set specific ...
Cyprus revises house price index to better reflect market trends
The state statistical service (Cystat) has announced a revision of Cyprus’ quarterly house price index to improve accuracy and better reflect real estate market trends, releasing an accompanying analytical report ...
Nick Houwen explains Ferragudo’s strategic position in the Algarve’s sales surge
Central Algarve locations, including Loulé, Quinta do Lago, and Vale do Lobo, recorded an 18% increase in sales over the past year, with property prices climbing 10% across the region. Ferragudo, a ...
Cyprus construction material prices ease from last month but rise annually
Construction material prices showed a modest year-on-year increase in November, according to a report by the Cyprus Statistical Service (Cystat).
The Price Index of Construction Materials reached 118.63 units in November 2025, ...
EU cuts primary energy use to lowest level since 1990
Eurostat has reported that the European Union reduced its primary energy consumption in 2024, bringing it closer to its 2030 efficiency targets and signalling progress that also matters for energy-dependent countries such ...
Cyprus renewable energy share climbs again as EU falls short of 2030 goal
Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...
EU petroleum oil imports drop as LNG purchases surge in 2025
EU imports of petroleum oils fell sharply in the first nine months of 2025, while purchases of liquefied natural gas surged, reflecting a continued shift in the bloc’s energy mix, ...
Cyprus approves Petrolina’s ExxonMobil deal with conditions
Cyprus’ Commission for the Protection of Competition (CPC) has unanimously approved, subject to binding conditions, the acquisition of ExxonMobil Cyprus Limited by Petrolina (Holdings) Public Limited through Med Energywise Ltd, ...
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The cost of calling women ‘exceptional’
It is simply the natural expression of a society whose talent has always extended far beyond the narrow boundaries it was historically allowed to occupy.
If anything still appears “exceptional” ...
Cyprus hopes to spearhead digital euro push
One of the lesser known but more ambitious targets set by the Cypriot government in its programme for its six-month term as the holder of the Council of the European ...
BoC: The New Era of Banking
The banking sector in Cyprus is undergoing a profound transformation. Recent economic turbulence has highlighted the urgent need for resilience, adaptability and forward-thinking innovation. In response, banks are evolving beyond ...
Banking sector steadies as Cyprus eyes a more resilient future
After a turbulent decade marked by restructuring, regulatory tightening and a gradual restoration of public trust, the island’s banks are entering a new chapter shaped by consolidation, rising profitability ...