Souzana Psara

Tourists in Cyprus are turning in growing numbers to short-term rentals, with the number of registered properties swelling sixfold in under three years, prompting authorities to push for tighter regulation, ...

Cyprus is expected to be among the few Eurozone countries to reach the European Central Bank’s 2 per cent inflation target by 2025–2026, as inflation across the bloc continues to ease ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Here are the top business stories in Cyprus from the week starting May 19: Each year, the International Day for Women in Maritime Affairs promises celebration, but behind the speeches and ...

The House this week approved yet another extension to the licensing deadline for hotels and tourist accommodations, triggering backlash from MPs over years of delays and what they called ‘fictitious ...

Cyta has taken a major step in consolidating Cyprus’ position as a regional digital infrastructure hub with the acquisition of Simplex’s flagship LCA1 data centre in Larnaca – the country’...

Cyprus is courting Qatari investors with a push to expand cooperation in real estate, tech and financial services, as part of efforts to bolster bilateral ties and attract strategic capital ...

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (...

Experts gathered at the 11th International Compliance Forum, held in Limassol this week, to discuss the implications of the EU’s new Anti-Money Laundering Authority (AMLA), expected to begin operations ...

The Cyprus Information Technology Enterprises Association (CITEA), a member of the employers and industrialists federation (Oev), took part in the Digital Europe Pan-European Conference held in Copenhagen from May 15 to 16. ...

Cyprus and Finland pledged to deepen maritime cooperation during a bilateral forum in Helsinki on Tuesday, just ahead of the working visit of Cyprus President Nikos Christodoulides to Finland, which ...

A significant decline of 24 per cent was recorded in the number of building permits issued in Cyprus in January 2025, when compared to the same month in 2024, according to data released ...

Frozen molluscs and fresh meat recorded the steepest monthly price increases in April, up by 14.1 and 10.7 per cent respectively, even as inflation slowed to just 0.2 per cent, according to the ...

Hungarian and Cypriot stakeholders gathered at the Kean factory in Limassol for a joint event on ‘Smart and Sustainable Hungarian Solutions for Agriculture and Industry’, supported by Hungary’s Ministry ...

Over 20 tech start-ups and scale-ups from Cyprus and the Middle East gathered in Limassol this week, for a joint event by the Deloitte Technology Fast 50 programme and ARIS, A Really ...

During Reflect Festival 2025, the largest technology and entrepreneurship event in Eastern Europe, the Middle East, and North Africa, Olga Loktionova, PR Director at the creative agency CAPSBOLD, delivered a keynote ...

President Nikos Christodoulides on Tuesday welcomed the European Commission’s latest economic forecast, describing it as a “clear endorsement of Cyprus’ resilience, stability and prudent policymaking”. Speaking during the opening ...

Cyprus’ planned accession to the Schengen zone is expected to give the tourism sector a fresh boost, improving access for travellers and reinforcing efforts to establish the island as a ...

Minister of Energy George Papanastasiou travelled to Doha this week to represent President Nikos Christodoulides at the Qatar Economic Forum, taking place from May 20 to 22. According to a statement from ...

The Limassol Chamber of Commerce and Industry (Evel) has cautiously welcomed President Nikos Christodoulides’ latest pledges for the city, backing the vision but pressing the government to deliver clear deadlines ...

Deputy Minister for Shipping Marina Hadjimanolis on Monday called for deeper inclusion of women in the maritime industry, during the ministry’s third annual event in Limassol to mark the ...

Paphos is joining nine other European regions in the EU-backed Smart-Tour initiative to boost digital and sustainable tourism as part of its strategy to become a forward-looking destination. According to ...

France and Germany are moving towards a joint European energy policy based on technological neutrality, marking a new phase in nuclear energy, according to Andreas Poullikkas, professor of energy systems ...

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service ...