#business

The European Union agricultural sector saw a significant 9.2 per cent increase in labour productivity in 2025 compared with the previous year, as rising income and a shrinking workforce combined to boost ...

The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...

The European Union has seen a significant divergence in its economic sectors as of October 2025, with services recording a substantial 16.4 per cent increase since the start of the pandemic while ...

Foreign direct investment in Cyprus totalled €365.07 billion in 2024, with Russia remaining the largest single source despite a sharp decline, according to data on inward investment positions published on Wednesday by ...

Invest Cyprus described parliament’s approval of the tax reform as a very positive development, saying it closes an important, if not the most important, chapter for business and foreign ...

The Cyprus Bankers Employeers Association and the Cyprus Union of Bank Employees (Etyk) signed the new collective labour agreement on Wednesday, covering the years 2023 to 2027. The agreement was signed at ...

TechIsland welcomed the adoption of the tax reform by the House of Representatives, saying it concludes an extensive institutional process aimed at modernising Cyprus’ tax framework. In a statement, the ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a final reminder to Crypto-Asset Service Providers (CASPs) operating in the Republic that they must apply for authorisation under the Markets ...

The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...

Volunteering begins with “wanting to be there, wanting to offer and wanting to dedicate time”, according to Konstantina Logotheti, head of marketing and communications at PwC Cyprus and director of ...

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 ...