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
Collaboration between CIM Cyprus Business School and EY Cyprus Ltd Press Release 03/07/2025 | BUSINESS
EU pressures Cyprus over stalled power cable project Brussels steps in as Cyprus resists cost burden for EU-funded energy link. Newsroom 02/07/2025 | BUSINESS
Odysseas fires fresh criticism at Government over Larnaca towers Alma movement demands government stop hiding behind bureaucracy, reveal the truth on Larnaca project. Newsroom 02/07/2025 | BUSINESS
Wizz Air announces a new route from Larnaca! New direct route opens to Europe's ''Maldives'' paradise Press Release 02/07/2025 | BUSINESS
New EV grants open, but you’ve only got until October Buyers must register vehicles by October to get their grants, prompting concerns over timeline and funding limits. Newsroom 02/07/2025 | BUSINESS
Columbia Group buys Venus Rock Golf for €132M in one of Cyprus’ biggest real estate deals Long-stalled Paphos mega-resort finally changes hands, paving the way for major development plans by one of Cyprus’ most ... Newsroom 01/07/2025 | BUSINESS
Environmental Department: ''We don’t approve projects based on who applies'' Larnaca beach project approval sparks political backlash, but authorities say process followed environmental law. Newsroom 01/07/2025 | BUSINESS
Cypriot businesses go greener as hundreds certified in nationwide ESG initiative Cypriot companies embrace ESG standards in nationwide sustainability push. Newsroom 30/06/2025 | BUSINESS
Nicosia to receive over €1 billion in development projects, President announces Comprehensive plan targets health, education, transportation, and urban renewal to boost quality of life in Cyprus’ capital. ... Newsroom 30/06/2025 | BUSINESS
Eurobank eyes dual listing on Cyprus and Athens stock exchanges after Hellenic Bank exit Move marks €1.3 billion vote of confidence in Cyprus economy and local market Newsroom 30/06/2025 | BUSINESS
