Souzana Psara

Upper-middle class see strongest income growth in Cyprus Cyprus’ middle income class continued to dominate the income distribution in 2024, accounting for almost two-thirds of the population, according to figures published ...

The Cyprus Union of Bank Employees (Etyk) on Monday announced that it has reached an agreement in principle with the Cyprus Bankers Employers Association (Kest) to renew their collective agreement ...

Liudmila Marochkina did not come into technology through engineering. She now leads SPORTSOFT, the Cyprus-based IT company working with organisations navigating rapid digital change. As CEO, she focuses less on ...

The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...

Cyprus has formally set out the political and institutional framework of its upcoming Presidency of the Council of the European Union, using a presentation in Lefkara to outline priorities that ...

For Josie Christodoulou, gender equality is not a single policy challenge to be solved in isolation, nor a slogan to be repeated. It is a question of how societies are ...

It is simply the natural expression of a society whose talent has always extended far beyond the narrow boundaries it was historically allowed to occupy. If anything still appears “exceptional” ...

Here are the top business stories in Cyprus from the week starting December 15: Eurogate Limassol is preparing to expand storage capacity at its Container Terminal by demolishing one of two ...

EU imports of petroleum oils fell sharply in the first nine months of 2025, while purchases of liquefied natural gas surged, reflecting a continued shift in the bloc’s energy mix, ...

Cyprus recorded one of the highest numbers of returns of non-EU citizens in the European Union in the third quarter of 2025, according to new EU data. Across the bloc, 115,440 non-EU ...

Limassol businesses are finding it increasingly difficult to operate as labour shortages, administrative bottlenecks and mounting payment delays begin to reinforce one another, according to the Limassol Chamber of Commerce ...

Cyprus’ Commission for the Protection of Competition (CPC) has unanimously approved, subject to binding conditions, the acquisition of ExxonMobil Cyprus Limited by Petrolina (Holdings) Public Limited through Med Energywise Ltd, ...

Electricity tariffs remain a growing concern across Europe, with the European Commission now outlining seven targeted actions aimed at easing costs for households and businesses while strengthening the competitiveness of ...

Cyprus needs stronger coordination and closer, continuous monitoring of public projects to avoid delays and cost overruns by 2028, Fiscal Council president Michalis Persianis has warned, pointing to structural weaknesses in ...

The dry bulk freight market in 2025 delivered steadier, more restrained performance rather than the sharp peaks seen in previous cycles, reflecting a year of moderation rather than exuberance. Average daily ...

Research and innovation are now central to Cyprus’ economic model, with the country’s ecosystem markedly strengthened over the past two years, according to the Chief Scientist and chairman of ...

Cyprus needs stronger coordination and closer, continuous monitoring of public projects to avoid delays and cost overruns by 2028, Fiscal Council president Michalis Persianis has warned, pointing to structural weaknesses in ...

Deputy Minister of Tourism Kostas Koumis and Nicosia mayor Charalambos Prountzos met at the premises of the Nicosia municipality to discuss an action plan aimed at promoting the capital as ...

The Alfa Reisen travel agent network recently held a tourism conference in Cyprus, drawing strong participation from the German tourism industry and reinforcing the island’s efforts to deepen its ...

Lordos Hotels expects an improvement in its financial performance in 2025 compared with the previous year, according to the Cyprus stock exchange (CSE) announcement on Thursday. The group reported profit attributable ...

It is with great sadness that the Schulte Group announced the death of Hamburg shipowner and entrepreneur Heinrich Schulte, its long-standing chairman and shareholder, who died this week in Hamburg, ...

Final decisions on two proposed shopping centre developments in eastern Limassol are expected to be taken early in the new year, once the Council for Deviation Studies (SYMEPA) completes its ...

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure ...

Inflation in Cyprus remained low in November, with the Harmonised Index of Consumer Prices rising by just 0.1 per cent year-on-year, according to data released by the Statistical Service (Cystat) on ...