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
Cyprus businesses on alert due to Middle East conflict KEBE and OEB stress calm, vigilance, and constant monitoring as regional tensions raise risks for trade, energy, and investments. ... Dorita Yiannakou 02/03/2026 | BUSINESS
European gas prices jump nearly 50% as Qatar halts LNG production Middle East tensions and low EU reserves spark sharp price swings, raising fears of wider energy squeeze. Newsroom 02/03/2026 | BUSINESS
Fuel prices in Cyprus set to rise within 10 days Wholesale fuel costs already up 10-12% due to Iran conflict. Newsroom / CNA 02/03/2026 | BUSINESS
Cyprus retail market holds steady despite foot-and-mouth outbreak The outbreak of foot-and-mouth disease has not affected demand for essential goods, and prices remain unchanged. Dorita Yiannakou 01/03/2026 | BUSINESS
Fuel sales in Cyprus jump 11.2% in January as stocks fall Deliveries to ships and aircraft boost fuel demand. Newsroom 28/02/2026 | BUSINESS
Business bankruptcies soar 83% in Greece as new startups also rise 2025 sees sharp jump in closures alongside growth in transport and manufacturing ventures. Kathimerini Greece Newsroom 27/02/2026 | BUSINESS
€22 million tower set to reshape Limassol’s Neapolis skyline 18-story mixed-use project gets environmental green light, with construction eyed within 28 months. Dorita Yiannakou 27/02/2026 | BUSINESS
Foot-and-mouth cases raise fears for halloumi production Outbreak in 11 livestock units fuels concern over milk supply, prices and Cyprus’ top export product. Dorita Yiannakou 25/02/2026 | BUSINESS
Cyprus stands out as EU services imports reach €3.5 trillion Island economy shows unusually strong reliance on cross-border and mobile professional services. Newsroom 24/02/2026 | BUSINESS
ECONOMY
