ECONOMY Corporate debt remains high with lower investment activity across non-financial sectors. Photo credit: Unsplash Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024 Newsroom Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector. READ MORE
Cyprus central bank projects 3.3% economic growth in 2025 Revised forecast points to steady expansion, resilient labor market and cooling prices. Newsroom 23/09/2025 | BUSINESS
EIF and Eurobank join forces to channel €62.5 million in new financing to Cypriot SMEs and start-ups Cyprus secures €62.5 million boost for small businesses and start-ups, with easier loans, less collateral and longer payback ... Press Release 23/09/2025 | BUSINESS
Pristine Pentakomo at risk as court battle brews over new port Endangered monk seals and oversized construction put one of Cyprus’ last untouched beaches in the spotlight. Newsroom 23/09/2025 | BUSINESS
Fresh vegetable prices surge in August while seafood prices fall Mixed trends mark essential goods as inflation continues to slow, ministry says. Newsroom / CNA 22/09/2025 | BUSINESS
Working from home? Cyprus employers will pay Teleworkers to get minimum compensation for expenses starting this November. Newsroom 22/09/2025 | BUSINESS
Vassos Eliades launches IWC Schaffhausen pop-up at City of Dreams Mediterranean Swiss watchmaking excellence meets Limassol’s premier luxury destination. Press Release 22/09/2025 | BUSINESS
Consensus on COLA appears out of reach as legal concerns mount Legal opinion clouds government’s ''COLA for all'' plan as unions and employers unite in criticism. Newsroom 21/09/2025 | BUSINESS
Wizz Air Celebrates Huge Milestones of 10 Million Passengers in Cyprus and 5 Years of Operations at its Larnaka base With a Day Full of Surprises! Press Release 19/09/2025 | BUSINESS
Cyprus employers call cost-of-living pay hike unconstitutional Fresh legal opinion deepens rift with unions over ATA, raising fears of court battles after September’s strike. Newsroom 18/09/2025 | BUSINESS
Pentakomo tech park attracts global investors €100–150M project moves forward with consortiums, tax breaks, and infrastructure funding. Newsroom 17/09/2025 | BUSINESS
