ECONOMY Corporate debt remains high with lower investment activity across non-financial sectors. Photo credit: Unsplash Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024 Newsroom Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector. READ MORE
Euromoney: Bank of Cyprus Named Best Bank for the 10th Consecutive Year Promotional Activity 25/08/2025 | BUSINESS
Polis Chrysochous to launch €100 million in projects by 2026 ''The intensive preparation and work we carried out in previous years have led to this result in getting the projects ready.'' ... Source: CNA 24/08/2025 | BUSINESS
Ex-Abramovich yacht directors face €25M tax evasion trial in Cyprus Ex-directors accused of creating a fake yacht-leasing scheme to dodge millions in EU taxes. Newsroom 23/08/2025 | BUSINESS
Cyprus to plan market return despite global uncertainty Cyprus prepares to reenter markets with strong fiscal position and favorable borrowing outlook. Newsroom 20/08/2025 | BUSINESS
Cyprus sets record for wasted solar energy in 2025 Losses reached 181,000 megawatt-hours in just six months, enough to have prevented blackouts. Apostolos Tomaras 20/08/2025 | BUSINESS
Lawmakers demand faster action on energy storage as costs and uncertainty persist Power outages and delayed projects put pressure on the government to deliver solutions before households and businesses ... Newsroom 19/08/2025 | BUSINESS
Cyprus aims to complete energy storage system by 2026, launch competitive electricity market in 2025 Government plans new storage installations at EAC power plants and upgrades to Dekelia plant. Newsroom 18/08/2025 | BUSINESS
Jeff Bezos wants his bride to be Bond’s next leading lady When you own the studio, and the $8 billion franchise, casting your wife isn’t just a dream, it’s a perk. Newsroom 13/08/2025 | BUSINESS
Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025 Cyprus is still buying far more than it’s selling, and the gap is getting wider. Newsroom 11/08/2025 | BUSINESS
