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
The Guardian quits X, citing ''toxic'' platform and Musk’s Trump ties Departure highlights rising media shifts as Musk’s ties to Trump stir concerns; Bluesky and Threads see user surge Newsroom 13/11/2024 | BUSINESS
Bank workers union sets sights on big move in Bank of Cyprus Fresh from a €275 million sale, ETYK eyes former Laiki shares as it gains momentum in Cyprus banking Newsroom 13/11/2024 | BUSINESS
Fired Paphos-Polis road contractor wants €35 million payout Government and Greek contractor Intrakat clash over project delays, funding disputes, and multi-million-euro compensation ... Newsroom 13/11/2024 | BUSINESS
Yet another contractor gets axed over major project delays Latest termination involves Liopetri fishing shelter project after prolonged setbacks and unmet deadlines Newsroom 12/11/2024 | BUSINESS
Sklavenitis expands in Cyprus, shaking up the supermarket scene With Papantoniou now under its wing, Sklavenitis sets off a fresh wave of competition as supermarkets scramble to meet Cypriot ... Newsroom 12/11/2024 | BUSINESS
Cyprus cracks down on prolonged standing in workplaces Nationwide inspections focus on retail and hospitality sectors to ensure compliance with new labor regulations Newsroom 11/11/2024 | BUSINESS
Cyprus GDP and living standards improve, but challenges remain GDP per capita reaches 95% of EU average, while inflation and income inequality remain concerns for the island nation Newsroom 11/11/2024 | BUSINESS
Cyprus trade deficit drops by €1.18 billion as imports and exports decline Lower gap offers potential economic benefits but raises concerns over export slowdown Newsroom 11/11/2024 | BUSINESS
Hellenic Bank and employer's union settle long-running dispute Deal unifies workforce and paves the way for future negotiations, ending months of tension Newsroom 11/11/2024 | BUSINESS
