ECONOMY Cyprus employers call cost-of-living pay hike unconstitutional Newsroom Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector. READ MORE
Cyprus banks are merging and here’s what that means for you Fewer banks, bigger players: 2025 set to redefine Cyprus' financial landscape as deals pick up speed. Newsroom 15/07/2025 | BUSINESS
Cyprus entices the modern traveler with authentic, year-round experiences Focuses on culture, sport, and sustainability attract experience-driven travelers. Dorita Yiannakou 14/07/2025 | BUSINESS
Electricity bills to rise 3% starting next cycle Regulator approves EAC’s request to cover operational costs. Newsroom 12/07/2025 | BUSINESS
Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance Press Release 11/07/2025 | BUSINESS
Coca-Cola HBC Cyprus boosts economy, employment, study finds EY Cyprus report shows €77.9 million GDP impact and over 1,300 jobs supported by Coca-Cola HBC Cyprus in 2024. Newsroom 11/07/2025 | BUSINESS
Company Maspex Romania moves forward to acquire majority control of Cyprus-Based Wine Purcari One of Romanian food industry leader Maspex Romania continues the process of take over for Cyprus-Based Wine Purcari, a ... 11/07/2025 | BUSINESS
Deposit rates fall for households and businesses, while mortgage rates climb Central Bank data shows mixed trends across lending and deposit products in May. Newsroom 10/07/2025 | BUSINESS
Israeli developers to launch €40m high-rise project in Larnaca Israeli-led consortium unveils plans for 19-story luxury tower on Cyprus coastline. Newsroom 09/07/2025 | BUSINESS
New private hospital and medical campus approved for Lakatamia Hadassah Healthcare Park to bring hospital, medical school, biotech offices, and student housing to Nicosia suburb Newsroom 09/07/2025 | BUSINESS
Scammers pose as clients and bank officials to dupe Nicosia businessman out of €14,500 Police warn public to stay vigilant as fraudsters use clever tricks to steal sensitive bank info Newsroom 09/07/2025 | BUSINESS
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