Business

Most Greeks struggle to build financial resilience, with more than half regularly running out of money before the end of the month, according to a new survey by fintech app ...

The statistical service has released the latest figures for road freight transport in Cyprus for the first quarter of 2025. During the period January to March 2025, the total weight of goods ...

Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday. Speaking to reporters at the ...

Mutuum Finance (MUTM) is emerging as the next crypto to hit $1, while controversy continues to weigh down Cardano (ADA). The presale of Mutuum Finance has already raised $15,310,000, and total holders ...

Etek, Cyprus’ scientific and technical chamber is implementing its participatory budget for a fifth consecutive year, allocating €100,000 in the 2025 budget to fund projects and actions proposed by its members. Each ...

The former contractor for the liquefied natural gas (LNG) project at Vasiliko on Thursday laid the blame squarely on the Cypriot side, accusing it of incompetence and of often acting ...

Dogecoin (DOGE) and Pepe (PEPE) ride on memes and social buzz. Mutuum Finance (MUTM) is preparing to ride on mechanics that translate real usage into measurable growth. Where DOGE and ...

Liquidity in crypto refers to how easily you can buy or sell an asset without significantly affecting its price. High liquidity means smoother trading, fairer prices, and more stable markets. ...

The European chief public prosecutor’s office (EPPO) on Thursday confirmed that it had launched an investigation into the Great Sea Interconnector project, which has been planned to link the ...

The cryptocurrency market is shifting as investors weigh whether established names can still deliver strong returns or if the biggest opportunities now lie with emerging tokens. Cardano (ADA), once seen ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday welcomed the introduction of financial literacy in primary and secondary schools, calling it an essential step for the country’s ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...

Non-profit organisation TechIsland on Thursday announced that it has distributed 615 air purifiers to households in wildfire-hit villages in Cyprus, as part of the collective programme announced in July in response ...

The Cyprus competition commission on Thursday confirmed reception of a notification that Alpha Bank S.A., either directly or through Alpha Finance Investment Services S.M.S.A., intends to ...

The Cyprus Securities and Exchange Commission (CySEC) announced the dissolution and liquidation of Wanterfell Investment AIFLNP V.C.I.C. Ltd following the total redemption of its units. The fund, ...

Retail trade volume in Cyprus rose strongly in July 2025, Eurostat data showed on Thursday, outperforming the broader euro area and European Union. In the euro area, the seasonally adjusted retail ...

The Consumer Price Index (CPI) in Cyprus increased by 0.39 points in August 2025, reaching 117.04 units compared with 116.65 units in July 2025, according to a report from the state statistical service. Despite this ...

Greek retailer Jumbo posted an 8 per cent year-on-year increase in sales for the January–August 2025 period, as August maintained the group’s upward across all markets despite inflationary pressures, higher ...

Cyprus is on track to surpass last year’s record tourism revenues and arrivals, after posting the strongest growth among its Euro-Mediterranean peers in the first half of 2025. The statistical ...

The Bank of Cyprus on Thursday announced that the European Bank for Reconstruction and Development (EBRD), its last remaining legacy shareholder, has sold its entire stake in the lender. The ...

Nicosia is pressing ahead with two major projects, the future of the old state fair grounds and the Sopaz redevelopment. According to a report from Philenews, the municipality is treating ...

The anti-corruption authority on Thursday corroborated attorney-general George Savvides’ position that he never received three “corruption cases” from it regarding alleged irregularities at the Vasiliko natural gas (LNG) import terminal. “...

The Cypriot government has approved an additional €12 million for an affordable housing project in Strovolos, the Interior Ministry said this week. The scheme, to be carried out by the Cyprus ...

Demetra Holdings Plc on Thursday announced that it proceeded with the repurchase of 3,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd. The company stated that the ...