ECONOMY Construction needs 5,000 more workers. Who gets to hire them? Dorita Yiannakou The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs. READ MORE
€700 million boosts Cyprus’s green transition under THALEA 2021-2027 Full program budget activated through strategic investments in economic growth, social cohesion, and renewable energy. Dorita Yiannakou 03/12/2025 | BUSINESS
EU to require digital toy passports for every product sold Move aims to block unsafe imports, crack down on harmful chemicals, and protect children as online toy sales surge. Newsroom 26/11/2025 | BUSINESS
Fitch lifts Bank of Cyprus rating, citing stronger economy and cleaner balance sheet Bank moves up to ‘BBB’ as Cyprus’ economic growth and falling debts boost confidence in local banks. Newsroom 26/11/2025 | BUSINESS
Pafilia Shines at HR Awards 2024 with ''Cheers: A Celebration of Excellence'' Program Press Release 25/11/2025 | BUSINESS
Lidl Cyprus stood out as HR Team of the Year at the Cyprus HR Awards The company received 12 awards for initiatives that give more value to people. Press Release 25/11/2025 | BUSINESS
Black Friday hits Cyprus: Shoppers warned to watch for real deals Retailers promise honest discounts on new stock, but consumers are urged to stay alert amid small-market limits. Newsroom 25/11/2025 | BUSINESS
Revenue slumps, budget spending trails in Cyprus By October, Cyprus collected just 65% of planned revenues, while overall spending reached only 59% of the budget. Newsroom 24/11/2025 | BUSINESS
Bank of Cyprus named ‘Best Private Bank in Cyprus 2026’ by Global Finance Press Release 24/11/2025 | BUSINESS
Eurobank to begin trading on Cyprus Stock Exchange in December 2025 Dual listing set as Hellenic Bank shares are phased out; privatization bill moves forward with new investor criteria. Panayiotis Rougalas 24/11/2025 | BUSINESS
ECONOMY
