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1. Cyprus economy grows 3.3%, but is it reaching your pocket?

Cyprus’ economy grew by 3.3% in the second quarter of 2026, comfortably outperforming the eurozone, but that does not necessarily mean every household is feeling richer....

2. Mortgage relief may have to wait as ECB official calls for higher rates

Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....

3. Marinos Mousiouttas: ''Fairness for today’s retirees, security for tomorrow’s pensioners''

Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....

4. Cyprus’ economy is growing. So why does life still feel so expensive?

Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....

5. Financial instability in the occupied area threatens future reunification plans

Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....

6. Government-municipality funding battle shows no sign of ending

The dispute between the government and the Union of Municipalities over state funding for local authorities shows no sign of ending. ...

7. The Christine Lagarde enigma

June's decision was never followed through. At the meeting one month later, the European Central Bank chose not to extend its restrictive monetary policy with another interest rate increase. The message in June had been clear. It was an immediate response to rising energy prices after fighting resumed in the Middle East....

8. A system built to simplify hiring is now raising fears of worker exploitation

Instead of reducing problems linked to the employment of third-country nationals, the Labour Ministry’s new electronic platform appears to be creating further distortions in the labor market, industry representatives warn, claiming that applications can be submitted without sufficient verification and monitoring....

9. Another ECB rate hike is on the horizon

Europe may be heading for another interest rate increase, and households could once again feel the impact....

10. Cyprus betting revenue tops €360 million

Cyprus' betting industry continued to expand during the opening three months of 2026, with players wagering more than €360 million through licensed land-based and online operators....

11. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

12. Business lending loses momentum because of the Middle East conflict

Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....

13. When the numbers look good, but life doesn’t feel it

Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....

14. Limited-liability pension reform

The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....

15. Their pay went up just 1.5% in 17 years, now they're taking to the streets

For many Cypriots, the people who clean public buildings, maintain government facilities, support hospital operations, and keep essential services running often go unnoticed until they stop working....

16. Your pension is changing, but you'll still retire at the same age

Labour Minister Marinos Mousiouttas has signaled the start of an intensive round of summer consultations on pension reform, aiming to bridge remaining differences between trade unions, employers and other stakeholders before the bill reaches parliament....

17. Buying an apartment in Cyprus now costs 10.8% more than a year ago

If you feel like buying a home in Cyprus keeps getting further out of reach, you are not imagining it....

18. Thousands of government hourly workers to strike next week over pay dispute

Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....

19. Christodoulides says Cyprus talks should build on common ground, not start from scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

20. Cyprus economy grows 3.8% in 2025 as spending and exports rise

Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....

21. ECB says interest rates played a key role in curbing inflation across the euro area

The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...

22. Cyprus labour costs rise to €21.7 an hour in 2025, EU data shows

New figures released by Eurostat show that Cyprus recorded an average hourly labour cost of €21.7 in 2025, with non-wage expenses accounting for just under one-fifth of total labour costs....

23. 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....

24. The President’s band-aid solutions

The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....

25. Minimum wage jumps in occupied areas, but workers say they’re still falling behind

In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....

26. Cyprus faces new labor showdown despite minimum wage deal

Cyprus could be heading for a fresh round of labor unrest in 2026, as unions and employers brace for new clashes over wages, pensions and workers’ rights, despite the government having closed the minimum monthly wage issue just weeks ago....

27. Cyprus' new minimum wage of €979 kicks in today, but is it enough?

Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....

28. Cyprus weathers global turbulence as economic growth and reforms hold firm in 2025

Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...

29. €1,088 minimum wage, and everyone’s furious

After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....

30. Cyprus approves minimum wage increase of 8.8%, effective January 2026

The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....