Business

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...

Cyprus remains stuck in the slow lane of Europe’s green transition, with electric vehicles accounting for just 0.51 per cent of the island’s passenger car fleet in 2024, according to ...

Cypriot Employers and Industrialists Federation (Oev) president George Pantelidis, on Thursday called for the immediate continuation of daily social and business activity in Cyprus, warning that unnecessary disruptions could lead ...

Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus ...

Eurozone governments are assessing the economic repercussions of the recent conflict with Iran, focusing on the risk of a renewed energy shock that could reignite inflation and the implications this ...

A new POS suite helps retailers accept multiple cryptocurrencies with instant conversion and EUR settlements via SEPA/SWIFT – no chargebacks, 24/7 processing. CryptoProcessing by CoinsPaid, Europe’s leading crypto payment gateway, ...

The Bank of Cyprus (BoC) expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, while positioning itself to withstand rising competition and potential economic ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

The European Commission has adopted a new European Union Maritime Industrial Strategy, alongside a strategy for European ports, aimed at strengthening the competitiveness, sustainability, safety and resilience of the bloc’...

Industrial producer prices in Cyprus recorded the largest monthly decline in the European Union in January 2026, according to Eurostat, even as prices rose across the euro area and the bloc ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

A recent exchange has highlighted delicate relations between the Federation of Employers and Industrialists (Oev) and the Cyprus Chamber of Commerce and Industry (Keve), following a social media post by ...

At the present stage, the direct and indirect effects of the expanding conflict in the Middle East on international banks and asset managers are considered manageable, according to a report ...

Eurogroup president Kyriakos Pierrakakis on Wednesday warned of an “unprecedented and deeply worrying” crisis in the Middle East, stressing that its duration will determine the scale of consequences for Europe. ...

The International Air Transport Association (IATA) has expressed strong concern over recent remarks by Maurici Lucena, chairman and chief executive of AENA, Spain’s main airport operator, after he suggested ...

Strategy purchased 3,015 Bitcoin last week for approximately $204.1 million, increasing its total holdings to 720,737 BTC acquired for about $54.77 billion. The average purchase price across all holdings now stands at roughly $75,985 per ...

Over the past decade, technology has reshaped almost every area of personal finance. Banking, payments, savings tools, and even investment platforms have moved into the digital space. Lending has followed ...

Demetra Holdings Plc announced on Wednesday that it successfully repurchased 7,990 of its own shares on March 3 as part of its ongoing capital management strategy. The transaction was carried out in ...

Europe’s business environment is entering a new phase of digital maturity. For years, commentators have argued that companies across the continent move more cautiously than their counterparts in the ...

Cyprus hoteliers have reported cancellations for April and May and a slowdown in new bookings for the coming months, following the US travel advisory for the island, while industry groups ...

Tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus are expected to be affected by the turmoil in the Middle East, with the scale of the impact depending ...

Columbia Group president and chief executive Mark O’Neil said on Wednesday that the company is closely monitoring the recent escalation in the Gulf region under its established security and ...

Cyprus’ seasonally adjusted unemployment rate stood at 4.2 per cent in January 2026, remaining well below both the euro area and EU averages, according to Eurostat. Specifically, the statistical office of the ...