ECONOMY Construction needs 5,000 more workers. Who gets to hire them? Dorita Yiannakou The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs. READ MORE
Evgenii Tiapkin at Freedom Inside 2026: the European market and the development of the Freedom24 platform 15/04/2026 | BUSINESS
Tourism slump hits Famagusta as April hotel occupancy drops by 40% Ongoing Middle East tensions and economic uncertainty drive cancellations and delay hotel openings in Ayia Napa. Newsroom 15/04/2026 | BUSINESS
Cyprus keeps fuel prices among EU’s lowest despite ongoing cost pressures Makis Keravnos defends tax cuts as key buffer against global fuel hikes. Newsroom 15/04/2026 | BUSINESS
EU increases Russian LNG imports despite looming energy ban Limited alternatives and rising global prices push Europe to rely more on Yamal gas supplies. Newsroom 11/04/2026 | BUSINESS
NewMed Energy signs deal to export 100 BCM from Cyprus’s Aphrodite field to Egypt Long-term agreement could last 15 years with option for extension as project nears final investment decision. Newsroom 10/04/2026 | BUSINESS
Oil prices drop, but drivers aren’t seeing relief at the pump Damage to Gulf energy infrastructure continues to restrict supply and delay recovery. Newsroom 09/04/2026 | BUSINESS
Most households in Cyprus say they’re struggling to get by About two-thirds of households report financial strain, with many just managing to cover basic expenses. Newsroom 08/04/2026 | BUSINESS
Square One Capital: The Developer-Turned-Fund Manager Targeting Cyprus's Next Residential Wave 15/04/2026 | BUSINESS
EU faces €459 billion budget gap while member states clash over spending priorities Commission warns of a ''fiscal trilemma'' forcing trade-offs between defense and debt repayment. Pavlos Xanthoulis 08/04/2026 | BUSINESS
New law allows unlicensed leisure venues to become legal New law allows qualifying businesses to secure permits while introducing stricter safety and compliance requirements. Newsroom 07/04/2026 | BUSINESS
ECONOMY
