Kyriacos Nicolaou

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the ...

Cyprus among EU leaders in GenAI use Cyprus ranked among the leading countries in Europe for the use of generative artificial intelligence in 2025, according to Eurostat, highlighting the island’s ...

Cyprus’ social spending drops to 19.2 per cent of GDP in 2023 Social protection expenditure fell as a percentage of Gross Domestic Product (GDP) in 2023, even as the total spending increased in ...

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France. In its announcement, the chamber said that the ...

Cyprus recorded strong growth in industrial production in October 2025, outperforming the euro area and EU averages, according to new figures released this week by Eurostat. Eurostat reported that in October 2025, ...

Cyprus recorded one of the largest deficits in personal transfers in the European Union during 2024, according to Eurostat, highlighting the scale of money flowing out of the country to households ...

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost ...

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic ...

Young in people in Cyprus were less likely than most of their European peers to drop out of formal education or training during 2024, according to Eurostat, highlighting the island’s ...

Cyprus experienced decline in job vacancies in the third quarter of 2025, according to the state statistical service (Cystat). This signals easing labour demand across the economy as hiring slowed during ...

Cyprus’ statistical service (Cystat) on Monday reported a decline in the number of building permits issued between January and August 2025, reflecting a slowdown in authorisations even as the overall value ...

Eurobank chief executive officer Fokion Karavias said investments are a national necessity and Cyprus plays a pivotal role in the group’s future, in a wide-ranging interview with Greek business ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Cyprus Research and Innovation Enterprises Association (CRIEA), on Monday announced the creation of the Cyprus Defence and Space ...

The global wearable band market saw its value surge by 12 per cent to 12.3 billion in the third quarter of 2025, according to the latest research from Omdia, reflecting a strong shift ...

The European Union increased its research and development spending in 2024, while Cyprus remained among the weakest performers, according to new figures released by Eurostat. The EU’s total R&...

Global TV shipments, totalling 52.5 million units, saw a minor year-on-year decline in the third quarter of 2025, according to the latest research from Omdia.  The firm explained that this is primarily ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, welcomed the European Commission’s legislative proposal on market integration and supervision. It argued that ...

Eurostat reported this week that millions of people across the EU moved between employment, unemployment and inactivity between the second and third quarters of 2025, offering a clearer picture of the ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

PwC Cyprus announced on Friday that Andreas Yiasemides has been elected as the firm’s next chief executive, a decision made by the partnership that will see him formally assume ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

Cyprus’ bus fleet remained one of the smallest in the European Union in 2024, something which is commensurate with its size, according to a report released on Friday by Eurostat. Specifically, ...

Eurostat on Friday reported that the EU employment rate for people aged 20 to 64 held steady at 76.2 per cent in the third quarter of 2025. This latest release comes shortly after recent ...