Kyriacos Nicolaou

The European Union collected more than €33 billion in VAT revenue during 2024 through its e-commerce VAT systems, according to new data published this week, underscoring the impact of its 2021 VAT reform ...

Industrial production in the European Union grew at an average annual rate of 0.6 per cent between 2000 and 2024, according to new data highlighting the modest long-term performance of the sector. In ...

The Deputy Ministry of Tourism this week announced the launch of the nomination process for the Cyprus Hospitality Awards 2025, a national initiative that recognises and rewards excellence in the tourism ...

Environmental tax revenue in the European Union reached €341.5 billion in 2023, reflecting a 2.1 per cent increase from the €334.6 billion recorded in 2022, according to data published on Wednesday by Eurostat. Despite the ...

Aspiring entrepreneurs in Cyprus now have the chance to launch their startup dreams with support from the Research and Innovation Foundation (RIF), which on Wednesday launched its Future Founders Academy, ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding two online platforms that are not authorised to provide investment services or perform investment activities under ...

The Bank of Cyprus (BoC) on Wednesday announced that it has issued 8,573 new shares to members of its general management under its short-term incentive plan, according to a formal information ...

Cyprus has achieved one of its most significant successes in informatics to date, with middle school student Mariza Paspalli winning gold at EGOI 2025, the Cyprus Computer Society announced on Wednesday. ...

The official launch of the Smart Cyprus project took place this week at the amphitheatre of Cyta’s headquarters in Nicosia. According to an official announcement, the event marked the ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €28.35 billion as of June 30, 2025, according to a report by governor Christodoulos Patsalides. The largest component of the central ...

ASBISc Enterprises Plc on Tuesday reported a sharp year-on-year increase in its estimated consolidated revenues for June 2025. In a filing to the Cyprus Stock Exchange (CSE), the company said that ...

Cyprus generated €3.2 billion from tourism in 2024 as traveller numbers rose, with Paphos ranked as the island’s top destination, according to a report released on Tuesday by the statistical service. ...

The Deputy Ministry of Research, Innovation and Digital Policy on Tuesday announced that it has entered into a strategic agreement with Lenovo and Newcytech Business Solutions Ltd. According to the ...

Chief marketing officers (CMOs) in the online trading and CFD sector face exceptionally short tenures, with firms based in Cyprus, the United Kingdom, and the UAE showing similar patterns, according ...

UK travellers could be paying as much as £189 for just four days of airport parking, according to new research by UK-based price comparison platform Confused.com. The data reveals that ...

Greek consumers are showing growing signs of caution as they reduce their everyday spending and shift priorities heading into the summer. According to the latest data from Plum, a fintech ...

The Cyprus Football Association (CFA) is set to announce a new package of enhanced incentives aimed at boosting participation in Futsal championships for the upcoming 2024–2025 season. The initiative, which forms ...

The Cypriot economy continues to demonstrate significant resilience and adaptability despite ongoing global uncertainty, according to Central Bank of Cyprus (CBC) governor Christodoulos Patsalides. In its June 2025 economic bulletin, the ...

Government debt across the euro area and European Union rose in the first quarter of 2025, while Cyprus recorded one of the largest annual decreases in debt and posted a strong ...

Cyprus recorded a budget surplus of €619.1 million in the first quarter of 2025, according to preliminary fiscal data released on Monday by the Cyprus Statistical Service (Cystat). This marks an increase ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced a new initiative aimed at informing businesses across the country about fresh funding opportunities available through the Research and ...

The passenger and vehicle ferry route between Limassol and Piraeus is continuing to draw strong demand, with nearly full bookings reported for all scheduled sailings in 2025. According to figures published ...

Sek general secreatary Andreas Matsas on Monday issued a strong defence of the Cost of Living Allowance (CoLA), warning against what he called “a dangerous effort to demonise and dismantle” ...

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said hotel occupancy in July ranges between 80 and 85 per cent, stating that the flow of reservations is normal for this ...