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
Fake Ariel detergent scheme busted in Europe Latvian police uncover 22 tons of counterfeit products tied to organized crime, causing €739,000 in damages. Newsroom 27/11/2024 | BUSINESS
Eurobank’s €1.2 billion investment in Cyprus signals confidence Recent share purchases push Eurobank’s stake in Hellenic Bank, with potential plans for further expansion. Newsroom 27/11/2024 | BUSINESS
Cyprus receives major credit rating boost from Moody’s Cyprus’ credit rating to A3 reflects Cyprus’ improved economy, lower debt, and steady growth, helping the country borrow ... Newsroom 27/11/2024 | BUSINESS
Greek hoteliers sue booking.com over equal pricing rules Hoteliers claim Booking.com's rules hurt their business, and they're seeking millions in damages. Kathimerini Greece Newsroom 26/11/2024 | BUSINESS
Cyprus DOT warns drivers about Takata airbag recalls: Check your car now Vehicle owners urged to regularly check for recalls and ensure their cars are safe, especially if they have defective Takata ... Newsroom 26/11/2024 | BUSINESS
200 foreign companies and 1,200 new jobs in Cyprus in six months Foreign companies flock to Cyprus, boosting jobs and economic growth Newsroom 26/11/2024 | BUSINESS
Trump plans massive tariffs on imports from Mexico, Canada, and China The President-elect’s plan could spark economic chaos, raising costs for businesses and consumers while escalating trade ... Newsroom 26/11/2024 | BUSINESS
Eurobank acquires full control of Hellenic Bank Major shareholder transfer solidifies Eurobank's position in the Cyprus banking sector Newsroom 25/11/2024 | BUSINESS
Paphos FC owner among 77 investors stripped of ''golden passports'' Cyprus revokes citizenships in sweeping crackdown on abuses of its investment program. Newsroom 25/11/2024 | BUSINESS
26-year-old man scammed out of $110,000 in cryptocurrency fraud Police warn against unverified online investments as victim loses life savings in sophisticated scam. Newsroom 25/11/2024 | BUSINESS
