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
S&P Global Ratings upgrades Freedom24 outlook to positive, citing stronger risk management Press Release 30/06/2025 | BUSINESS
Protect Cypriot businesses before they’re bought out, Chamber chief warns Head of the Cyprus Chamber of Commerce urges tax reforms and local mergers to stop iconic homegrown companies from falling ... Newsroom 30/06/2025 | BUSINESS
Second Home Program gives appliances a new purpose, giving families a new start Kotsovolos initiative repurposes appliances to reduce waste and help those in need. Newsroom 27/06/2025 | BUSINESS
Building Stronger Bonds with Society – Bank of Cyprus Event Brings Together NGOs and Volunteers Press Release 26/06/2025 | BUSINESS
Lidl Cyprus redefines freshness, investing in authenticity and locality Lidl Cyprus' new campaign highlights the quality of fresh produce through a cinematic narrative that honours Cypriot land ... Press Release 26/06/2025 | BUSINESS
Cyprus backs young entrepreneurs with €50M boost Government plan aims to create 2,000 jobs and fund 800 startups by 2027, as focus shifts to innovation, green energy, and ... Newsroom 26/06/2025 | BUSINESS
Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments Press Release 26/06/2025 | BUSINESS
Woman battles to save her home despite bureaucratic silence Homeowner trapped in legal limbo as state agency demands unaffordable payments, ignores ombudswoman’s ruling. Newsroom 25/06/2025 | BUSINESS
Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal Alpha Bank Cyprus expands its footprint with €205 million deal, restoring a third major player in the island’s banking sector. ... Panayiotis Rougalas 25/06/2025 | BUSINESS
