Business

Tuesday 23 December | 07:42

Central bank raises capital buffers for Cyprus systemic banks

The Central Bank of Cyprus (CBC) has announced that it identified three credit institutions as Other Systemically Important Institutions for 2025 and increased their capital buffer requirements to strengthen the resilience ...

By Kyriacos Nicolaou

Tuesday 23 December | 07:30

Cyprus Business Now: presidency, CBC, tax reform, GDP growth, bankers

The Central Bank of Cyprus (CBC) on Monday published its December 2025 macroeconomic forecasts, outlining expected growth, inflation and labour market trends in Cyprus through 2028 in order to assess the outlook ...

By Souzana Psara

Tuesday 23 December | 06:30

Cyprus records lowest housing overcrowding rate in EU

Cyprus recorded the lowest rate of housing overcrowding in the European Union during 2024, according to Eurostat, highlighting the country’s comparatively favourable living conditions within the bloc. The figures showed ...

By Kyriacos Nicolaou

Tuesday 23 December | 06:00

Wizz Air outlines winter ski routes from Larnaca

Wizz Air this week outlined its winter season route options from Larnaca, detailing destinations that provide access to ski resorts across Europe and neighbouring regions as the airline continues its ...

By Kyriacos Nicolaou

Monday 22 December | 18:10

Best cheap crypto to watch now: One $0.035 new altcoin nears 100% allocation

The broader crypto market has entered a pause. Bitcoin has pulled back from recent highs, Ethereum continues to move sideways, and meme coins that dominated attention earlier in the cycle ...

By CM Guest Columnist

Monday 22 December | 16:37

Cyprus economy to grow 3.5 per cent in 2025

Technology, tourism and services to underpin Cyprus GDP growth The Central Bank of Cyprus (CBC) on Monday published its December 2025 macroeconomic forecasts, outlining expected growth, inflation and labour market trends ...

By Kyriacos Nicolaou

Monday 22 December | 16:30

Hazardous chemical use drops by 47 million tonnes across EU

The European Union’s total production and consumption of chemicals, including both hazardous and non-hazardous materials, has fallen significantly over the last decade, according to Eurostat. Specifically, production has dropped ...

By Kyriacos Nicolaou

Monday 22 December | 16:16

Tax reform boosts competitiveness and stability, says Keve

The Cyprus Chamber of Commerce and Industry (Keve) on Monday welcomed parliament’s approval of Cyprus’ long-awaited tax reform. The chamber said the overhaul “marks a historic step” in modernising ...

By Kyriacos Nicolaou

Monday 22 December | 16:00

Christmas bonus: AutoHash introduces a cloud mining plan earning up to $3,828 daily — Mobile mining without professional equipment

Earn up to $3,828 per day mining cryptocurrency — no mining rigs, no technical skills, just a mobile phone. As cloud computing and green-energy mining continue to evolve, AutoHash is transforming how ...

By CM Guest Columnist

Monday 22 December | 15:32

Cyprus business group backs presidency priorities for EU growth and security

The Cyprus Chamber of Commerce and Industry (Keve) expressed strong support for the priorities outlined by president Nikos Christodoulides for the upcoming Cyprus Presidency of the Council of the European ...

By Kyriacos Nicolaou

Monday 22 December | 15:30

How Tanya Romanyukha is helping Cyprus think bigger about tech

Tanya Romanyukha, General Manager of TechIsland and Leader of the Women in Tech Cyprus chapter, has spent the past decade building and connecting tech communities across Ukraine, the US, Europe ...

By Souzana Psara

Monday 22 December | 15:14

Government and central bank discuss overhaul of CBC governance

New bill to modernise Central Bank of Cyprus’ governance moves forward Finance Minister Makis Keravnos and Central Bank of Cyprus (CBC) governor Christodoulos Patsalides met on Mondayto discuss a draft ...

By Kyriacos Nicolaou

Monday 22 December | 15:06

Cyprus urged to push business mergers to fix ‘structural weakness’

Cyprus should actively encourage mergers and acquisitions to help overcome the structural weakness of its business landscape and lift the country’s competitiveness, the Cyprus Economy and Competitiveness Council said ...

By Souzana Psara

Monday 22 December | 13:52

One in four people in Cyprus now in lower-middle income class

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 ...

By Souzana Psara

Monday 22 December | 13:26

Cyprus banks and employees union reach deal on new five-year agreement

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 ...

By Souzana Psara

Monday 22 December | 12:00

Liudmila Marochkina on leading technology through systems, not code

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 ...

By Souzana Psara

Monday 22 December | 11:28

Christmas meal costs stable in Nicosia, says price watchdog

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, ...

By Souzana Psara

Monday 22 December | 11:14

Cyprus links EU security to economic resilience in 2026 plan

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 ...

By Souzana Psara

Monday 22 December | 09:29

Fair rent under the Rent Control Law

The concept of “fair rent” under the Rent Control Law is not synonymous with what each landlord or tenant may subjectively consider a “reasonable” rent. The legislator has set specific ...

By George Coucounis

Monday 22 December | 08:40

Researchers reveal how climate change is shaping decisions to move – or stay put

As climate change becomes a major driver of migration, EU-funded researchers are listening to affected communities to help support fairer policies for those most at risk. By Andrew Dunne Climate ...

By CM Guest Columnist

Monday 22 December | 08:32

Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer

Scientists in Italy are developing sweet snacks with lab-grown plant cells and fruit residues, producing a material that a 3D printer can then process into ‘pastries’ with high nutritional content. ...

By Reuters News Service

Monday 22 December | 08:02

EU posts record €194 billion surplus in services trade

The European Union exported and imported record levels of services in 2024, according to a report from Eurostat. Specifically, EU countries exported services worth €1 568 billion to countries outside the bloc in 2024, ...

By Kyriacos Nicolaou

Monday 22 December | 07:30

EU cuts primary energy use to lowest level since 1990

Eurostat has reported that the European Union reduced its primary energy consumption in 2024, bringing it closer to its 2030 efficiency targets and signalling progress that also matters for energy-dependent countries such ...

By Kyriacos Nicolaou

Monday 22 December | 07:10

Cyprus bucks sharper EU milk price rises in 2025

Agricultural prices across the European Union rose again in 2025 after a brief dip, according to Eurostat, with Cyprus standing out for recording one of the slowest increases in milk prices, ...

By Kyriacos Nicolaou

We follow major companies operating in Cyprus, market trends, investment opportunities and government economic policy — with a special focus on how they affect local businesses and professionals.
From shipping and real estate to startups and banking, our business coverage provides expert analysis, interviews, data-driven reports and opinion pieces. Whether you are an investor, business owner or simply interested in economic developments in Cyprus, this page offers reliable insight into the forces shaping our economy. Follow the Business section to stay ahead of emerging trends and understand the financial landscape across Cyprus and the wider region.

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Business

Central bank raises capital buffers for Cyprus systemic banks

Cyprus Business Now: presidency, CBC, tax reform, GDP growth, bankers

Cyprus records lowest housing overcrowding rate in EU

Wizz Air outlines winter ski routes from Larnaca

Best cheap crypto to watch now: One $0.035 new altcoin nears 100% allocation

Cyprus economy to grow 3.5 per cent in 2025

Hazardous chemical use drops by 47 million tonnes across EU

Tax reform boosts competitiveness and stability, says Keve

Christmas bonus: AutoHash introduces a cloud mining plan earning up to $3,828 daily — Mobile mining without professional equipment

Cyprus business group backs presidency priorities for EU growth and security

How Tanya Romanyukha is helping Cyprus think bigger about tech

Government and central bank discuss overhaul of CBC governance

Cyprus urged to push business mergers to fix ‘structural weakness’

One in four people in Cyprus now in lower-middle income class

Cyprus banks and employees union reach deal on new five-year agreement

Liudmila Marochkina on leading technology through systems, not code

Christmas meal costs stable in Nicosia, says price watchdog

Cyprus links EU security to economic resilience in 2026 plan

Fair rent under the Rent Control Law

Researchers reveal how climate change is shaping decisions to move – or stay put

Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer

EU posts record €194 billion surplus in services trade

EU cuts primary energy use to lowest level since 1990

Cyprus bucks sharper EU milk price rises in 2025