#business

The intention to revise the minimum wage is legitimate and reflects the pressures faced by households, according to Fiscal Council president Michalis Persianis. He also warned that any decision should ...

Celestyal Cruises this week announced the launch of the inaugural regional season of Celestyal Discovery, marking a further step in its expansion beyond the Mediterranean and anchoring its winter programme ...

The Central Bank of Cyprus (CBC) announced on Turesday that the Cyprus banking sector remained strongly capitalised, highly liquid and continued to improve its asset quality in the third quarter ...

Marinos Kineyirou has been re-elected president of the Cyprus Real Estate Agents Registration Council, after securing a substantial majority of the vote in an election seen as crucial for the ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday published a formal Consultation Paper to gather views from industry stakeholders on the implementation of a new law governing the establishment ...

Work on what will become the largest coastal pedestrian walkway in Cyprus is moving into its final stages in the Peyia-Kissonerga area of the Akamas municipality, with the project already ...

The employers and industrialists federation (Oev) this week welcomed the timely passage of tax bills by the House of Representatives, saying their approval before year-end reflects effective coordination and institutional ...

The intention to revise the minimum wage is legitimate and reflects the pressures faced by households, according to Fiscal Council president Michalis Persianis. He also warned that any decision should ...

The Cyprus Stock Exchange (CSE) released a statement this week confirming that parallel trading of Eurobank shares on its Main Market started on December 19, 2025. This marks a milestone for the ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that the redemption of units in certain collective investment schemes will be suspended on December 24, 2025, citing market conditions and the need ...

Eurobank has announced recent share buyback activity and changes in its shareholder structure following corporate actions, outlining developments affecting its capital and voting rights. The bank said it acquired 1.760.945 own ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...