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
Complaints pour in over spoiled milk from Charalambides-Christis Dozens of consumers across Cyprus report sour milk before the expiry date, as the company and authorities investigate. Newsroom 15/10/2025 | BUSINESS
Cypriots earn a bit more in 2024, just don’t spend it all at once Bigger paychecks, smaller relief: rising costs steal the spotlight. Newsroom 15/10/2025 | BUSINESS
Cypriot clubs to gain as FIFA expands its $355 million World Cup payout plan FIFA’s new benefits program extends payments to teams whose players join national squads, even in qualifiers. Newsroom 14/10/2025 | BUSINESS
Cyprus joins EU’s new AI hub network EU rolls out new ''AI Factories'' to help countries like Cyprus tap into powerful supercomputers and speed up innovation. ... Newsroom 13/10/2025 | BUSINESS
Fairfax bets big on Cyprus with stake in Eurobank Insurance Canadian investor buys 45% of ERB Insurance and strengthens ties to the island, while Eurobank also expands its life insurance ... Newsroom 13/10/2025 | BUSINESS
Foreign buyers account for over a quarter of Cyprus property sales Paphos and Larnaca lead sales as oversight gaps raise housing and security concerns. Newsroom 09/10/2025 | BUSINESS
Cyprus banks join Eurozone’s instant transfers Starting Thursday, you can send cash across Europe in a blink, with new name checks to keep scammers out. Panayiotis Rougalas 08/10/2025 | BUSINESS
Christodoulides plays his tax card to break the ATA deadlock President woos employers with tax breaks to revive talks on the Cost-of-Living Allowance, unions still holding their ground. ... Newsroom 08/10/2025 | BUSINESS
Cyprus tourism hits record highs, but who’s spending the most? Data reveals Israelis, Americans, and Europeans lead in daily and per capita spending. Newsroom 07/10/2025 | BUSINESS
Lawmakers push for overhaul of outdated disability pension law Government drafting new bill to update decades-old social insurance law. Newsroom 07/10/2025 | BUSINESS
ECONOMY
