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
Final decisions on Akamas projects approaching Key issues concerning the road network, timelines, and accountability are coming to a head. Newsroom 19/08/2024 | BUSINESS
Wizz Air launches one-of-a-kind ''All you can fly'' membership Unlimited getaways for the whole year at a limited presale price of €499 Press Release 15/08/2024 | BUSINESS
Paphos man loses €200,000 in online fraud scheme Police investigate scam involving fake investment account, urge caution with electronic transactions Newsroom 15/08/2024 | BUSINESS
Chevron pushing for more concesions on Aphrodite gas field Negotiations with Chevron hit snags as ongoing regional tensions and political pressure make the future of the Aphrodite ... Newsroom 12/08/2024 | BUSINESS
Politico: Cypriot firm linked to Belarusian leader exploits sanctions loophole Investigation uncovers how a Cyprus-based firm allegedly inflated contracts to aid Belarusian potash exports amid EU sanctions ... Newsroom 12/08/2024 | BUSINESS
Cyprus tourism holds steady despite Middle East tensions Visitor numbers and spending up as Cyprus stays popular Newsroom 12/08/2024 | BUSINESS
Trade deficit slashed by 20% in 2024 amid falling imports June sees export surge, while May shows a dip in domestic goods sales Newsroom 09/08/2024 | BUSINESS
EU demands Cyprus return €101M in energy project funds Nicosia to respond by September on disputed Vasilikos terminal financing Newsroom 08/08/2024 | BUSINESS
Google and Meta secretly target underage YouTube users with Instagram ads Tech giants bypass Google's own rules on advertising to minors in a covert campaign revealed by the Financial Times Newsroom 08/08/2024 | BUSINESS
Bank of Cyprus sees 23% profit growth, raises financial targets First-half 2024 profit reaches €270 million; bank plans 50% dividend payout and upgrades projections for 2024 and 2025 Newsroom 08/08/2024 | BUSINESS
