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1. Eurobank raises €700 million after investor demand surges nearly fourfold

Eurobank has raised €700 million through a new bond issue after attracting far stronger investor interest than expected, another sign that international markets remain confident in the bank and the wider Greek banking sector....

2. Brace for another interest rate hike in June, Cyprus Central Banker warns

Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....

3. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

4. A new wave of European instability

Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....

5. IMF warns Cyprus against costly energy measures and foreclosure delays

The International Monetary Fund (IMF) has issued clear warnings and observations about the Cypriot economy following the conclusion of its mission to the country, which took place from the last 10 days of April through early May. ...

6. Church of Cyprus rejects ‘high-interest loan’ claims in Paphos case

The Audit Department of the Church of Cyprus has rejected allegations about the financial management of the Metropolis of Paphos, describing them as false and damaging....

7. Watch your interest rates: CBC sets legal limit at 11.72%

The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%, drawing a clear legal line for what counts as excessive and illegal lending....

8. No more ''borrowing” from pension fund, government says

A long-standing distortion in Cyprus’ social insurance fund is finally being addressed as the government moves to ''freeze'' its growing debt to the fund and shift its investment strategy to an independent authority....

9. Why are Cyprus’ biggest projects always delayed?

Cyprus is struggling with long and costly delays in major infrastructure projects, with some of the country’s most high-profile developments still stuck in limbo....

10. Cyprus moves to end state borrowing from Social Insurance Fund in pension reform plan

Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...

11. Cyprus executes most of 2025 budget as revenues trail borrowing drop

Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....

12. Can Europe break free from the U.S.? Leaders clash over economy game plan

Can Europe become more economically competitive and less reliant on the United States? That’s the central question facing European leaders gathering today at Alden Biesen Castle in Belgium’s Flemish region, at the invitation of European Council President Antonio Costa....

13. New generators for Dhekelia now expected in 2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

14. Cyprus debt drops faster than almost anywhere else in Europe

Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....

15. After a year of silence, Cyprus returns to the markets for €1bn

Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...

16. Property prices hit the brakes, but the housing crisis remains

I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....

17. Cypriots borrow more, but stash far more cash in the bank

Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....

18. EU backs €90B Ukraine loan but won’t touch frozen Russian billions...yet

After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....

19. Cyprus to close 2025 with debt below 60% of GDP

Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....

20. Revenue slumps, budget spending trails in Cyprus

By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....

21. November Newsletter of K. Treppides & Co Ltd – 14/11/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

22. Cyprus scores big in global ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

23. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....

24. When paying for groceries becomes a crowdfunding campaign

In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....

25. October Newsletter of K. Treppides & Co Ltd – 10/10/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

26. France does not reform

France is a country that does not reform, at least not without blood and plenty of protest. Its history proves this. In fact, it is from France that we ourselves imported large doses of the culture of questioning and dissent....

27. Cyprus to auction €25 million in treasury bills this month

Cyprus is once again turning to short-term borrowing, announcing a €25 million Treasury Bills auction that will take place on October 20, between 8:30 a.m. and 11:30 a.m., according to the Public Debt Management Office (PDMO) of the Ministry of Finance....

28. August Newsletter of K. Treppides & Co Ltd – 29/08/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

29. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

30. BOC reports €235M in profits, but what does that actually mean for the rest of us?