Kyriacos Nicolaou

Budget airline Wizz Air on Monday highlighted the key findings of its financial year 2026 sustainability report, saying its efficiency-driven operating model enabled the airline to achieve its lowest-ever carbon emissions ...

Strong tourism performance of 2025 makes for difficult comparisons, says government Cyprus’ tourism revenue fell significantly in April 2026, when compared to the year before, according to figures released by the statistical ...

The annual growth rate of the broad monetary aggregate M3 rose to 3.2 per cent in May 2026, up from 2.7 per cent in April, according to a report from the European Central ...

The Central Bank of Cyprus (CBC) announced on Monday that it has decided to maintain the countercyclical capital buffer rate at 1.5 per cent. The CBC determined that the current level ...

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial institutions. Total ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

Invel Real Estate announced on Monday that it closed its Eudora Fund 2 at more than €400 million, surpassing its initial target of €300 million and signalling strong investor demand for its Southern ...

Eurobank announced on Monday that it successfully repurchased 2,977,805 of its own shares during the period between June 22, 2026, and June 26, 2026. These transactions were conducted on the Euronext Athens stock exchange as ...

The Bank of Cyprus Holdings Public Limited Company announced on Monday that its board of directors will meet on August 03, 2026, to review the financial results for the six months ended ...

Space solutions firm SES and Cyprus-based connectivity provider Tototheo Global have announced the expansion of their long-standing collaboration through a new multi-year agreement to deploy SES FlexMaritime services across global ...

Supervisory activities conducted by the Single Supervisory Mechanism (SSM) have proven effective in strengthening the management of risks related to commercial real estate portfolios within large euro area banks. A ...

Global smartphone market shifts towards premium devices The global smartphone market is undergoing a major structural transformation, with manufacturers increasingly abandoning low-cost, high-volume strategies in favour of premium devices as ...

European Union member states directed €79 billion towards environmental protection assets throughout 2025, according to figures from Eurostat. These investments represented 0.4 per cent of the total EU gross domestic product and 1.9 per ...

Businesses across Cyprus, as well as other regions across the world, are bracing for a sharp rise in software expenses as Microsoft prepares to implement significant price increases from July 1, 2026. ...

Energy consumption across the European Union services sector climbed to 4,971 petajoules in 2024, according to the latest data released by Eurostat. This figure marks a slight rise from the 4,886 petajoules recorded ...

South Korean content generated 12.1 billion hours of viewing on Netflix worldwide between April 2025 and March 2026, making it the most-watched content origin outside the United States, according to new analysis from ...

The adoption of artificial intelligence tools is already leading to a reallocation of jobs within the United States labour market, according to new research published by the European Central Bank (...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The European Union maintained stable petroleum oil imports during the first quarter of 2026 when compared to the monthly average recorded throughout 2025, according to a report from Eurostat. The value of ...

The European Union saw a notable increase in the consumption of mineral fertilisers throughout 2024, according to Eurostat, as agricultural producers applied a total of 9.8 million tonnes of nitrogen and phosphorus ...

The European Central Bank (ECB) released its Consumer Expectations Survey on Friday, showing that median inflation expectations for the next 12 months dropped significantly during May. Consumers’ inflation expectations for the ...

Tototheo Global joint chief executive officer Despina Panayiotou Theodosiou on Friday announced her candidacy for election to the board of governors of the International Propeller Club, Port of Piraeus. In ...

Elbridge Investments (Cyprus) Limited announced on Friday the payment of interest for bonds bearing the ISIN code CY0148711019 for the period spanning April 01, 2026, to June 30, 2026. The interest rate for this ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...