Kyriacos Nicolaou

Eurobank has announced recent share buyback activity and changes in its shareholder structure following corporate actions, outlining developments affecting its capital and voting rights. The bank said it acquired 1.760.945 own ...

The Central Bank of Cyprus (CBC) has announced that it identified three credit institutions as Other Systemically Important Institutions for 2025 and increased their capital buffer requirements to strengthen the resilience ...

Cyprus recorded the lowest rate of housing overcrowding in the European Union during 2024, according to Eurostat, highlighting the country’s comparatively favourable living conditions within the bloc. The figures showed ...

Wizz Air this week outlined its winter season route options from Larnaca, detailing destinations that provide access to ski resorts across Europe and neighbouring regions as the airline continues its ...

Technology, tourism and services to underpin Cyprus GDP growth The Central Bank of Cyprus (CBC) on Monday published its December 2025 macroeconomic forecasts, outlining expected growth, inflation and labour market trends ...

The European Union’s total production and consumption of chemicals, including both hazardous and non-hazardous materials, has fallen significantly over the last decade, according to Eurostat. Specifically, production has dropped ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday welcomed parliament’s approval of Cyprus’ long-awaited tax reform. The chamber said the overhaul “marks a historic step” in modernising ...

The Cyprus Chamber of Commerce and Industry (Keve) expressed strong support for the priorities outlined by president Nikos Christodoulides for the upcoming Cyprus Presidency of the Council of the European ...

New bill to modernise Central Bank of Cyprus’ governance moves forward Finance Minister Makis Keravnos and Central Bank of Cyprus (CBC) governor Christodoulos Patsalides met on Mondayto discuss a draft ...

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, ...

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 ...

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, ...

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 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 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 ...

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 ...

Kyndryl, a leading global provider of mission-critical enterprise technology services with a presence in Cyprus, has announced the launch of enhanced agentic AI capabilities and a unique design process.  The ...

Fatalities resulting from railway accidents across the European Union dropped by 10.8 per cent in 2024 compared with the previous year, falling to 750 from 841 deaths, according to new data released by Eurostat ...

The euro area recorded a trade in goods surplus of €18.40 billion with the rest of the world in October 2025, according to Eurostat. This is significantly higher than the €7.10 billion surplus ...

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 ...

S&P Global Ratings on Thursday revised the outlook of the Bank of Cyprus to positive from stable in Cyprus, citing lower economic risk for banks operating in the ...

The Central Bank of Cyprus (CBC) has announced that all banks across the country will close on specific public holidays to mark the Christmas and New Year period. The announcement ...

Cyprus passport shines for mobility, tax and personal freedoms, outperforming the UK and US The Cyprus passport has been ranked fifth worldwide in the Nomad Passport Index 2026, highlighting the island’...

The Cyprus Securities and Exchange Commission (CySEC) on Friday launched a public consultation on a new directive setting out how crypto-asset service providers must submit prudential supervisory information. The aim ...