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
Cyprus at a crossroads: Can the island become a regional business powerhouse? Kathimerini’s Dorita Yiannakou sits down with Invest Cyprus President Evgenios Evgeniou to talk tech, talent, and the road ... Newsroom 22/07/2025 | BUSINESS
Women still earn less in Cyprus Despite higher education levels, women continue to receive lower wages than men. Newsroom 21/07/2025 | BUSINESS
Tax Department announces reopening of Tax For All System on July 21 Extended deadlines and transition details announced for VAT and withholding tax filings. Newsroom 18/07/2025 | BUSINESS
Government cuts out locals in €35M energy deal ahead of electricity market opening Private investors pushed aside as state takes over just before electricity market opens up. Newsroom 18/07/2025 | BUSINESS
AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort New direct flights to New Delhi and Mumbai in India to commence as of March 2026. Press Release 18/07/2025 | BUSINESS
Banks show profit decline, asset growth, and capital strengthening in Q1 2025 Data shows profit fall while displaying asset growth and stronger capital ratios. Newsroom 16/07/2025 | BUSINESS
Deadlock persists over Crete-Cyprus power cable as funding deadline nears With funding stalled and construction at risk, EU-backed Crete–Cyprus power project faces renewed uncertainty. Kathimerini Greece Newsroom 16/07/2025 | BUSINESS
Cyprus businesses brace as EU plans tariff fight with U.S. Potential trade war risks higher prices for Cypriot consumers and tougher costs for local companies, hopes remain for a ... Newsroom 16/07/2025 | BUSINESS
ECONOMY
