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
ECB announces final rate cut for 2024 Interest rates reduced by 25 basis points on Thursday, December 12, during its monetary policy meeting. Newsroom 12/12/2024 | BUSINESS
Cyprus recalls 11,000 Mazda Demio cars over faulty airbags New legislation could ground unsafe vehicles, but challenges remain in managing the recall. Newsroom 12/12/2024 | BUSINESS
Cyprus and Oman sign double taxation deal to boost trade and investment New deal provides tax stability and strengthens Cyprus as a regional business hub Newsroom 12/12/2024 | BUSINESS
Moody’s Nick Hill on financial risks and opportunities for 2025 From geopolitical tensions to digital transformation, Hill weighs in on key factors shaping the region’s economic outlook. ... Newsroom 11/12/2024 | BUSINESS
Money transfers in 10 seconds coming to Cyprus A new European regulation will make sending money faster and safer, starting January 9, 2025. Newsroom 11/12/2024 | BUSINESS
BBF Takes the Stage at MAPIC Cannes, Unveiling KEAN – A New Landmark Driving Global Interest ''Limassol Calling'': A New Hub Connecting Global Retail and Business in the Heart of the Mediterranean Press Release 10/12/2024 | BUSINESS
Europe shines in global race for smarter power grids, but China gains ground European nations dominate patent filings for smart grids and clean energy, but China’s rapid growth challenges global leadership ... Newsroom 10/12/2024 | BUSINESS
Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future Louis reveals key strategies for growth, liquidity, and the bank's expansion in Cyprus and beyond. Newsroom 09/12/2024 | BUSINESS
