ECONOMY €1,088 minimum wage, and everyone’s furious Dorita Yiannakou After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others. READ MORE
Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance Press Release 11/07/2025 | BUSINESS
Coca-Cola HBC Cyprus boosts economy, employment, study finds EY Cyprus report shows €77.9 million GDP impact and over 1,300 jobs supported by Coca-Cola HBC Cyprus in 2024. Newsroom 11/07/2025 | BUSINESS
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Deposit rates fall for households and businesses, while mortgage rates climb Central Bank data shows mixed trends across lending and deposit products in May. Newsroom 10/07/2025 | BUSINESS
Israeli developers to launch €40m high-rise project in Larnaca Israeli-led consortium unveils plans for 19-story luxury tower on Cyprus coastline. Newsroom 09/07/2025 | BUSINESS
New private hospital and medical campus approved for Lakatamia Hadassah Healthcare Park to bring hospital, medical school, biotech offices, and student housing to Nicosia suburb Newsroom 09/07/2025 | BUSINESS
Scammers pose as clients and bank officials to dupe Nicosia businessman out of €14,500 Police warn public to stay vigilant as fraudsters use clever tricks to steal sensitive bank info Newsroom 09/07/2025 | BUSINESS
Cyprus considers electricity bill surcharge to fund €25 million energy project payment Government vows consumers will not bear the cost as EU-backed interconnection project faces delays and scrutiny. Newsroom 08/07/2025 | BUSINESS
‘Pegasus-1’ reveals 350-meter column of natural gas Second major find in Block 10 follows earlier Glaucus discovery by ExxonMobil, QatarEnergy. Newsroom 07/07/2025 | BUSINESS
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