Souzana Psara

The Central Bank of Cyprus (CBC) has lowered its growth forecasts for the Cypriot economy for 2026 and 2027, pointing to the impact of the war in the Middle East and warning ...

The European Commission’s pledge to prevent shipping companies from being charged twice for the same emissions is a welcome step, but the industry now needs clear guidance on how ...

PwC Cyprus entered a new leadership chapter on Wednesday, with Andreas Yiasemides assuming the role of CEO for a four-year term, succeeding Philippos Soseilos after more than four years at ...

The 5th Digital Cyprus Conference 2026 was successfully held this week in Nicosia, bringing together senior business executives, government representatives, technology professionals and internationally renowned speakers.  Organised by the Cyprus Information ...

Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on Tuesday during a House Trade Committee session examining ...

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising ...

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh ...

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to ...

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in ...

Hotelier’s association Pasyxe will hold its annual general meeting in Nicosia on Tuesday, July 7, marking both the election of a new leadership and the association’s 90th anniversary. The ...

Global shipping will need almost 114,000 additional officers by 2030, as demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.  The ...

Cyprus used its six-month Presidency of the Council of the EU to push forward key European files on digital policy, artificial intelligence, research and innovation, Deputy Minister Nicodemos Damianou said, ...

EU ministers have adopted the bloc’s first Council conclusions dedicated specifically to housing, in what Cyprus described as a new step towards closer European cooperation on one of the ...

Cyprus’ young robotics team Robotheadz is preparing to represent the island in Australia, after winning the national FIRST LEGO League competition with a project linking technology and cultural heritage. The ...

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. ...

Fresh fighting in the Middle East has slowed the return of shipping through the Strait of Hormuz to normal levels, keeping war-risk premiums elevated and delaying the full recovery of ...

The European Union is moving to create a new financing framework that could channel public and private money into cleaner ships, smarter ports and maritime technology, as Brussels seeks to ...

Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026, reaching 113.4 units, according to figures released by the statistical service (Cystat). For the first four months of the year, the ...

Cyprus’ tourism revenue fell by 35.1 per cent year-on-year in April 2026, reaching €197.5 million, according to a report from the statistical service (Cystat).  This compares with €304.2m in April 2025, marking another weak ...

Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key priority for the government, according to Shipping Deputy Minister Marina Hadjimanolis, during a time when ...

Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers ...

Interior Minister Constantinos Ioannou is in Luxembourg today to chair a meeting of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) in its housing configuration, as part of ...

The Cyprus Marine Club drew its largest audience to date, welcoming around 200 members and guests to a landmark gathering that brought together the island’s maritime community for an evening ...

Here are the top business stories in Cyprus from the week starting June 22: Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to ...