ECONOMY Youth unemployment remains a concern at 17.2%, exceeding the EU average of 14.8%. Photo credit: Unsplash Cyprus posts 4.9% unemployment in September 2025, among EU’s lowest Newsroom Recent figures from Eurostat show that Cyprus continues to perform strongly in the labor market, recording an unemployment rate of 4.9% in September 2025. READ MORE
Paphos' local planning authority set to greenlight controversial tourist development Israeli-owned project built without permits amid allegations of official inaction. Apostolos Tomaras 05/03/2025 | BUSINESS
Cyprus banks hit record high profits despite ECB rate cuts Higher interest rates drive exceptional earnings, but profits expected to cool in 2025. Panayiotis Rougalas 05/03/2025 | BUSINESS
Unemployment in Cyprus inches up but remains below EU average Slight increase in jobless rate sparks concerns, but long-term trend is positive. Newsroom 04/03/2025 | BUSINESS
Vasilikos project needs another €200 million—will it ever be finished? Rising costs and delays push Cyprus' key energy project further behind schedule Newsroom 04/03/2025 | BUSINESS
Hôtel-Dieu de France expands to Limassol Renowned Beirut hospital to open state-of-the-art facility in Cyprus by 2028. Dorita Yiannakou 04/03/2025 | BUSINESS
Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24 Press Release 04/03/2025 | BUSINESS
How Cyprus became the secret hub of the global porn industry Tax breaks, legal protections, and strategic location make the island home to one of the world's biggest adult content companies. ... Newsroom 04/03/2025 | BUSINESS
Lidl at its best: 15 years of dynamic presence in Cyprus The company celebrates its 15-year journey in the country with an anniversary campaign for all the things, small and large, ... Press Release 04/03/2025 | BUSINESS
Greek banks continue to invest in Cyprus with new acquisitions The acquisition of Astrobank by Alpha Bank Cyprus pushes the total Greek investment in Cyprus' banking sector to €1.5 billion. ... Newsroom 01/03/2025 | BUSINESS
Lidl Cyprus remains true to tradition with the most options for Lent Press Release 27/02/2025 | BUSINESS
