Kyriacos Nicolaou

The tax-to-GDP ratio in Cyprus saw a slight increase in 2024, rising to 37.6 per cent from 37.5 per cent in 2023, according to data on taxation published by Eurostat. The overall tax-to-GDP ratio, ...

New loan volumes recorded a sharp increase in September 2025, according to statistics on interest rates applied by monetary financial institutions (MFIs) in Cyprus released by the Central Bank of Cyprus (...

Euro area annual inflation is expected to have reached 2.1 per cent in October 2025, a slight decrease from the 2.2 per cent recorded in September, according to a flash estimate from Eurostat. ...

The European Banking Authority (EBA) has launched a public consultation on new guidelines concerning the authorisation of third-country branches (TCBs) under the Capital Requirements Directive (CRD). The consultation represents a ...

The Central Bank of Cyprus (CBC) has announced that the reference interest rate used to define the criminal offence of usury has been set at 11.84 per cent. The determination of ...

The risk of poverty among people who are employed remains a persistent issue across the European Union, with new Eurostat figures showing that 8.2 per cent of workers aged 18 or over ...

Cypriot beverage maker KEO plc‘s board of directors has decided to pay an interim dividend to its shareholders. According to an announcement following a board meeting, the total amount ...

Wellington Management Group LLP has reduced its voting rights in the Bank of Cyprus Holdings Public Limited Company to below the 5 per cent disclosure threshold, according to a regulatory filing. ...

Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd. This has resulted in the creation of Cyprus’ ...

The Cyprus Chamber of Commerce and Industry (Keve) released a statement Monday recapping the 5th Red Diamond International Business Women Awards. In its announcement, the chamber said the event, which ...

The global automotive display market reached 120.96 million units in the first half of 2025, up 5.1 per cent year-on-year, according to the latest report from Omdia Automotive Display Intelligence Service. “While overall ...

Global Communications Providers’ revenue is expected to reach $5.6 trillion by 2030, growing at a compound annual growth rate of 6.2 per cent from 2025, according to market intelligence firm Omdia. “This steady growth ...

The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator and supervisor, announced that cyber risk and digital resilience will remain central to its Union Strategic ...

The European Banking Authority (EBA) this week published its final draft Regulatory Technical Standards (RTS) to establish criteria for assessing the materiality of Credit Valuation Adjustment (CVA) risk exposures stemming ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

The Central Bank of Cyprus (CBC) announced on Friday that Cyprus’ household and corporate debt levels continued to decline in the second quarter of 2025, as both sectors benefited from higher ...

Cyprus recorded a budget surplus of €1.17 billion, equal to 3.2 per cent of GDP, in the first nine months of 2025, according to preliminary figures released on Friday by the Cyprus Statistical ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

The European Central Bank (ECB) decided to keep its deposit rate unchanged at 2 per cent for the third consecutive meeting, a move that many economists see as confirmation of a ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that a seven-hour, subsidised training programme on the effective integration of Generative Artificial Intelligence (AI) into business processes will take ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week that it is conducting a survey into the future of digital networks and infrastructure in Cyprus. The initiative comes ...

Non-profit organisation Cyprus Seeds, which helps facilitate the commercialisation of scientific research projects on the island, has released a progress update on six selected teams supported by its innovation grant ...

The allure of overnight riches from lottery wins continues to captivate many in Cyprus, yet the true odds of such success are almost impossibly slim, according to the CFA Society ...

Artificial intelligence is rapidly transforming the global cyber threat landscape, with Cyprus now facing mounting risks from AI-powered DDoS attacks, according to cybersecurity company Qrator Labs’ latest quarterly report. The ...