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
Over €42,000 in uncovered payments issued in January CBC reports overall decline in bounced cheques compared to last year Newsroom 20/02/2025 | BUSINESS
E-Kalathi platform set to revolutionize shopping with real-time price comparison All supermarkets join pilot phase, and the full platform is set to launch on March 4, offering consumers an easy way to ... Newsroom 20/02/2025 | BUSINESS
Bank of Cyprus cancels plan to sell JCC Payment Systems After reviewing options, the bank decides it’s better to keep JCC and invest in its growth instead of selling it. Panayiotis Rougalas 20/02/2025 | BUSINESS
Green oasis or business hub? The fight over Nicosia’s State Fair site Locals and officials want a park, but the government has other plans. Dorita Yiannakou 20/02/2025 | BUSINESS
Sklavenitis reopens first renovated Papantoniou supermarket in Engomi After a complete overhaul, the Engomi store is the first of nine to transition to the Sklavenitis brand, with plans for ... Dorita Yiannakou 19/02/2025 | BUSINESS
Government announces minimum wage increase for hotel workers Thousands of low-wage employees to benefit from over 10% salary boost as part of broader labor market growth initiatives. ... Newsroom 19/02/2025 | BUSINESS
Cyprus court halts sale of mortgaged property Ruling sets new precedent for borrowers Newsroom 18/02/2025 | BUSINESS
Bank of Cyprus posts €508M profit for 2024 The bank's strong financial performance includes a record dividend and share buyback plan, highlighting growth and stability ... Newsroom 18/02/2025 | BUSINESS
Lidl Cyprus goes ahead with new additional financial benefits of €450,000 The company further strengthens the income of its employees while at the same time establishing the minimum wage at €1,220 ... Press Release 17/02/2025 | BUSINESS
Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market Trump targets global trade with new tariff plan Source: BBC 14/02/2025 | BUSINESS
