ECONOMY Cyprus and Greece open the door to new business deals Dorita Yiannakou New business partnerships and joint ventures between Cyprus and Greece are in the pipeline across a broad range of economic sectors. READ MORE
Cyprus environmental tax revenue reaches €718.7 million EU collects €371.9 billion in environmental taxes during 2024. Newsroom 22/07/2026 | BUSINESS
Cyprus signs key agreement for Aphrodite gas sales to Egypt Memorandum of Understanding covers the sale of all natural gas expected to be produced from the offshore field. Newsroom 22/07/2026 | BUSINESS
Limassol Mall is coming, but can the roads handle it? Business leaders welcome the €120 million development but warn that without urgent upgrades, eastern Limassol’s traffic ... Dorita Yiannakou 22/07/2026 | BUSINESS
Cyprus records EU's second-largest annual drop in public debt Debt-to-GDP ratio falls to 54.6 per cent in the first quarter of 2026, down 7.4 percentage points from a year earlier. Newsroom 21/07/2026 | BUSINESS
Cypriots can now buy shares in the new cooperative from €100 Online platform opens Wednesday, giving the public a chance to become members by purchasing at least 100 shares. Newsroom 21/07/2026 | BUSINESS
Cyprus Airways and Air France signed codeshare agreement for flights between Larnaca and Paris Press Release 21/07/2026 | BUSINESS
€100 million-a-month scam: Three Cyprus residents among suspects Global fraud network allegedly used fake financial advisers and call centres to target thousands of victims worldwide. Shemaine Bushnell Kyriakides 21/07/2026 | BUSINESS
Cypriots keep shopping despite inflation fears and global uncertainty Local consumers are driving retail growth, with Cyprus recording the biggest increase in EU retail sales as summer discounts ... Dorita Yiannakou 20/07/2026 | BUSINESS
Traditional banks are funding more shadow loans A saturated market pushes local banks to back alternative financing schemes. Panayiotis Rougalas 19/07/2026 | BUSINESS
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ECONOMY
