ECONOMY Finance Minister Makis Keravnos credits fiscal discipline, financial stability and investor confidence for the economy's strong performance. Photo credit: Unsplash Cyprus economy grows more than three times faster than eurozone Newsroom Cyprus recorded 3.3% real GDP growth in the second quarter of 2026, putting the economy on a significantly stronger growth path than the eurozone, where expansion was 1%, Finance Minister Makis Keravnos said Friday. READ MORE
Limassol Mall is coming, but can the roads handle it? Business leaders welcome the €120 million development but warn that without urgent upgrades, eastern Limassol’s traffic ... Dorita Yiannakou 22/07/2026 | BUSINESS
Cyprus records EU's second-largest annual drop in public debt Debt-to-GDP ratio falls to 54.6 per cent in the first quarter of 2026, down 7.4 percentage points from a year earlier. Newsroom 21/07/2026 | BUSINESS
Cypriots can now buy shares in the new cooperative from €100 Online platform opens Wednesday, giving the public a chance to become members by purchasing at least 100 shares. Newsroom 21/07/2026 | BUSINESS
Cyprus Airways and Air France signed codeshare agreement for flights between Larnaca and Paris Press Release 21/07/2026 | BUSINESS
€100 million-a-month scam: Three Cyprus residents among suspects Global fraud network allegedly used fake financial advisers and call centres to target thousands of victims worldwide. Shemaine Bushnell Kyriakides 21/07/2026 | BUSINESS
Cypriots keep shopping despite inflation fears and global uncertainty Local consumers are driving retail growth, with Cyprus recording the biggest increase in EU retail sales as summer discounts ... Dorita Yiannakou 20/07/2026 | BUSINESS
Traditional banks are funding more shadow loans A saturated market pushes local banks to back alternative financing schemes. Panayiotis Rougalas 19/07/2026 | BUSINESS
Consumer spending remains resilient despite the war Shop owners anticipate double-digit gains compared to last year's returns. Dorita Yiannakou 18/07/2026 | BUSINESS
Redwolf Ogilvy: 10 years of writing the story differently A decade of creativity, collaboration and continuous growth Press Release 16/07/2026 | BUSINESS
