Souzana Psara

Bank customers in Cyprus will soon be able to send and receive money within seconds, as new EU rules on instant payments take effect this month, at the same cost ...

The Maritime Cyprus 2025 Conference opened on Monday under the theme “Unlocking the Future of Shipping,” drawing over one thousand delegates from thirty-five countries, including heads of state, ministers, regulators, shipowners ...

One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, has been achieved, president Nikos Christodoulides said on Sunday evening. Speaking at a ...

Cyprus, a country with more than six decades of maritime tradition, reaffirmed its role as a global shipping leader during the opening of the Maritime Cyprus 2025 Conference in Limassol on ...

Cyprus is set to take centre stage in shaping Europe’s future transport, shipping and tourism policies during its upcoming Presidency of the Council of the European Union, according to ...

She champions registry growth, green incentives and cruise tourism while raising Cyprus’ profile on the world stage. Speaking to Cyprus 4.0ahead of Maritime Cyprus 2025, she explains how Cyprus is strengthening ...

Cyprus’ robust fund framework and status as a top ship management centre place it at the crossroads of alternative credit and maritime financing, according to Michalis Vasiliou, executive director at ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

The Eastern Mediterranean’s shipping community is moving, albeit unevenly, towards cutting greenhouse gas emissions, according to the first wave of the METAVASEA survey conducted between June and November 2024, just ...

Cyprus has the most generous personal income tax break in the European Union, sparing the first €19,500 of earnings from tax.   That cushion, higher than anywhere else in the bloc, helps ...

Around 15,000 applications from third-country nationals seeking permits to acquire real estate in Cyprus have been submitted over the past five years, according to Interior Minister Constantinos Ioannou.  The minister provided ...

Cyprus’ public finances remain on a strong footing, with German rating agency Scope projecting public debt will fall below 60 per cent of GDP this year and under 50 per cent in ...

Food prices in Cyprus have risen by 20 per cent since the end of 2019, the mildest increase in the euro area, while Estonia has seen the steepest jump at 57 per cent, ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) delivered a steady performance in 2024, with resilient sales, stronger profits and a solid balance sheet. The group benefited both from its established product lines and ...

Here are the top business stories in Cyprus from the week starting September 22: The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become ...

Global shipping, which carries around 80 per cent of world merchandise trade, is stagnating as the sector struggles with geopolitical instability, new tariffs and shifting sea lanes, the United Nations said ...

Petroleum product sales in Cyprus fell by 1 per cent in August 2025 compared to the same month last year, reaching 123,378 tonnes, according to the statistical service (Cystat). The decline was mainly ...

Foreign demand for property in Paphos continues to dominate Cyprus’ real estate market, with 5,477 applications submitted by third-country nationals to acquire property in the district over the past five years, ...

Paphos marked World Tourism Day by highlighting its drive towards sustainable and digital transformation in the sector. The Paphos Regional Tourism Board (Etap) pointed to efforts to make travel to ...

Construction material producer Kythreotis Holdings on Friday reported a 28 per cent rise in profit for the first half of 2025, driven by stronger income from its ready-mix concrete operations. Net profit ...

Agros development company Proodos Public Ltd, which manages the Rodon Hotel in Agros, has appointed Karan Chainrai as a non-independent, non-executive director in a move it said aims to further ...

The National Betting Authority on Friday reported that Cyprus’ betting sector revenues remained steady in the first quarter of 2025, holding at last year’s levels but marking a sharp rise ...

The European Union relied heavily on maritime transport for international trade in goods in 2024, Eurostat data showed this week. Imports by sea reached 1.1 billion tonnes, valued at €1.25 trillion, while exports ...

Two financing agreements totalling €55 million were signed on Thursday by Finance Minister Makis Keravnos, EIB vice president Kyriacos Kakouris and CING chief executive Leonidas Phylactou. At the signing, which took ...