Kyriacos Nicolaou

Services production in the euro area and the European Union fell by 0.1 per cent in June 2025 compared with May 2025, according to first estimates published by Eurostat, the statistical office of ...

The House finance committee concluded on Monday that there is a need to clarify with the European Commission whether natural persons with dual nationality from an EU member state and ...

The Energy Ministry on Monday announced an extension to the deadline for the submission of bids in the tender for the selection of a strategic investor for the creation and ...

Loans held by Cyprus’ credit acquisition companies reached €19.7 billion on June 30, 2025, according to data released on Monday by the Central Bank of Cyprus (CBC). Of the total amount, €18.5 billion were ...

Spending to tackle the risks of the climate crisis in Cyprus remains far below what is necessary, according to a statement released on Monday by Cyprus’ national Fiscal Council. The ...

The registration of hybrid and electric vehicles in Cyprus experienced a robust rise in the first eight months of 2025, according to a report released on Monday by the state statistical ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stressed the importance of Cyprus’ active role within the Eurosystem, highlighting both the responsibilities and opportunities stemming from participation in Europe’...

The Cyprus Real Estate Agents Registration Council on Monday announced that written examinations for new candidate real estate agents will take place on November 6, 2025. According to the announcement, the exams ...

Cyprus’ airports reached record-breaking levels of passenger traffic in August, with a combined 1.8 million travellers recorded at Larnaca and Paphos. According to figures released on Monday by Hermes Airports, this ...

Leptos Calypso Hotels Public Ltd on Monday announced that its board of directors will convene on September 19, 2025. The company said that the meeting will take place in order to examine, ...

Demetra Holdings Plc on Monday announced the repurchase of 6,000 of its own shares, through a series of transactions executed on September 5, continuing its programme of share buybacks. The company said ...

The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of ...

Cyprus recorded the third largest annual increase in gross domestic product during the second quarter of 2025, according to figures published by Eurostat. The country’s GDP rose by 3.3 per cent, ...

Year-over-year spending on artificial intelligence between 2025 and 2029 is set to grow by 31.9 per cent, according to data from the International Data Corporation (IDC). This investment, driven by the growth of ...

Smartphone shipments into Europe, excluding Russia, fell by 9 per cent to 28.7 million units in the second quarter of 2025, according to industry analysts Canalys. A restrained consumer and economic outlook is ...

The Ministry of Energy, Commerce and Industry has announced that in 2026 it will organise national pavilions at three major international exhibitions in technology, innovation and shipping, with the aim of ...

Wrap-up of business & economy stories from the day before Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in ...

Cyprus will host the Junior Balkan Olympiad in Informatics (jBOI) 2025, the Cyprus Computer Society (CCS) announced this week. According to the announcement, the event will take place from October 24 to ...

The council of ministers this week approved a proposal by the interior minister to grant funding of €2.1 million to community clusters across Cyprus for urgent works to clear abandoned agricultural ...

Industrial turnover in Cyprus rose by 4.5 per cent in the first half of 2025 compared with the same period in 2024, according to the Cyprus Statistical Service (Cystat). In June 2025, the industrial ...

Passenger traffic at Athens International Airport in August 2025 reached 3.88 million, marking an increase of 6.7 per cent compared with August 2024. Both domestic and international passenger traffic rose during the month. Domestic ...

Budget carrier Wizz Air on Friday announced that it will resume flights from Larnaca to Abu Dhabi starting November 15, 2025. “We are delighted to bring our flights back to Abu Dhabi,” ...

The insurance association of Cyprus (Saek) has pledged to contribute constructively to the public dialogue on the country’s forthcoming tax reform. The association also focused on the specific characteristics ...

Accountant general Andreas Antoniades told the House public expenditure committee this week that the treasury plans to introduce accrual accounting for revenues and expenses, on an unofficial basis, for the ...