Souzana Psara

The Finance Ministry on Thursday expressed satisfaction with the findings of the European Commission included in the 2025 Spring Package for Cyprus. In a statement, the ministry said that the report “...

Total beer sales from factories in Cyprus recorded a 4 per cent decrease in May 2025 compared to the same month last year, according to data released on Thursday by the Statistical ...

Cypriots are speaking out about their most painful financial mistakes as part of a new campaign launched on Thursday by the Cyprus Securities and Exchange Commission (CySEC) and the department ...

Cyprus’ housing market recorded a strong start to 2025, with residential property sales rising sharply in both volume and value during the first quarter, according to a report released on Thursday ...

Paphos solidified its position on the global tourism map in 2024, Deputy Minister of Tourism Kostas Koumis said during this week’s general meeting of the Paphos regional tourism board (Etap). ...

Cyprus is no longer considered a country with macroeconomic imbalances, according to the European Commission’s 2025 Spring Package under the European Semester. This decision follows a sustained reduction in vulnerabilities ...

Revenues from betting activity in Cyprus maintained their upward momentum in 2024, surpassing €1.2 billion and confirming the sector’s continued expansion, according to financial results published by the National Betting Authority (...

Hotel occupancy in Cyprus was slightly down in May, compared to the same month last year, according to the president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. However, overall ...

Greek retail group Jumbo reported a strong rise in store sales across Cyprus and Greece in May 2025, reflecting a gradual rebound after a slower start to the year due to ...

Cyprus is expected to experience a decline in both rental and property purchase prices in the coming years, President Nikos Christodoulides announced this week. Speaking at a dinner hosted by ...

Deloitte Cyprus on Tuesday announced the appointment of two new partners, effective from June 1, 2025, marking an expansion of its leadership team. According to the announcement, Nicholas Theofilou has been promoted ...

Cyprus recorded a further decline in its unemployment rate in April 2025, according to data published by Eurostat this week. The rate fell to 3.7 per cent, down from 4.1 per cent in ...

Leading European financial technology provider payabl. on Tuesday announced the launch of its Virtual Business Cards service. According to the announcement, the new service enables real-time card issuance, customisable limits, ...

The Cyprus Integrity Forum (CIF), the country’s largest non-profit promoting transparency, marked its 15th anniversary this week with a call for “deeper institutional reform and collective accountability” in 2025.  Speaking ...

Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold ...

Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of  May 31, 2025, “with each ordinary share carrying one vote.” ...

The Research and Innovation Foundation (RIF) has launched two new funding calls, Seed and Innovate, targeted at boosting the growth of startups and supporting existing firms in scaling their products ...

Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.Earlier ...

Marya Iartseva, art director at Nexters, an international game development company headquartered in Cyprus explores how artificial intelligence is reshaping game development, emphasisng where it succeeds, where it falls short, ...

Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House of Representatives’ approval of the Investment Fund Administrators Law. The move is being ...

Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold ...

As the global shipping industry braces for one of its most demanding decades yet, marked by accelerating decarbonisation, digital transformation and sweeping regulation, PwC sees not just disruption, but a ...

Here are the top business stories in Cyprus from the week starting May 26: Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a ...

The Daleela ferry resumed its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer.Speaking at the new port of Limassol, Deputy ...