Eurozone inflationary pressures had not fully eased even before the outbreak of war in the Middle East, with February data showing a pick-up in both headline and core inflation.
Inflation ...
In a message addressing the current economic climate, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday noted that the country is navigating challenges from a position of strength.
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The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system, as parliament prepares ...
Cyprus has made youth employment a priority under a new labour market strategy for 2026 – 2028, Labour Minister Marinos Mousiouttas said, while acknowledging that joblessness among under-25s remains in double digits.
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Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran will squeeze energy supplies and hamstring industries around the world.
Following are ...
Greek Shipping and Island Policy Minister Vasilis Kikilias said Greeks felt proud to see Greek forces helping protect Cyprus, as the war in the Middle East raised fresh concerns over ...
Global shipments of AI glasses reached 8.7 million units in 2025, marking a dramatic 322 per cent increase, according to the latest estimates released by market analysts Omdia.
The surge reflects rapidly rising ...
EU birth rates fall to lowest level since 2001
Births across the European Union declined in 2024, according to Eurostat, with Cyprus recording a total fertility rate slightly above the EU average, ...
Global smartphone shipments are forecast to decline by around 7 per cent year-on-year in 2026, according to a report by market intelligence firm Omdia.
The forecast is based on first-quarter memory price ...
An energy app developed by EU-funded researchers is helping neighbours cut carbon, earn modest returns and boost the use of clean power in their own communities.
By Anthony King
A ...
Europe’s AI researchers are joining forces through an EU-funded digital platform that allows them to share tools, data and computing power to drive collaboration and innovation.
By Michael Allen
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The gender employment gap among adults living in households with children was less pronounced for highly educated women compared with those with lower levels of education across the EU in 2024.
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As the EU attempts to balance fiscal discipline with the need for increased investment, public debt remains a key indicator of macroeconomic stability. Eurozone total debt stands at 88.5 per cent ...
Since the UK rejoined Horizon Europe in 2024, EU-funded cross-border research with UK partners has been delivering safer, smarter, more sustainable technologies for everyday life.
By Ali Jones
On a test ...
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank accounts to ...
Total market production increased by 0.2 per cent in the European Union, while it decreased by 0.1 per cent in the euro area during December 2025, compared with the previous month, according to ...
Here are the top business stories in Cyprus from the week starting March 2:
Cyprus’ economic expansion in 2026 reflects the consolidation of a model heavily reliant on services, foreign investment and ...
Activity in Britain’s construction sector contracted for the 14th month in a row in February, extending its longest downturn since the global financial crisis despite an improvement in business ...
The Cyprus Chamber of Commerce and Industry (Keve) recently announced the launch of a new cooperation with the Association of Cyprus Banks, aimed at publishing informational materials for the local ...
The International Air Transport Association (IATA) has released data on global air cargo markets for January 2026, showing that air freight demand began the year on a strong footing, with total ...
Business & economy wrap-up from the day before
Cyprus has emerged as one of the top economic performers in the European Union during the final months of last year, according ...
Seasonally adjusted services production increased by 0.2 per cent in the euro area and by 0.3 per cent in the EU in December 2025, compared with November 2025, according to Eurostat.
This marginal growth ...
The Cyprus Chamber of Commerce and Industry (Keve) has announced new internationalisation opportunities for local small and medium-sized enterprises seeking to expand their operations into the Chinese market.
This initiative ...
The International Air Transport Association (IATA) this week released data on global passenger demand for January 2026, showing continued growth in air travel, with demand rising 3.8 per cent year-on-year despite calendar ...