economy

Cyprus hourly labour cost rises by 3.7% in Q1 2026, outpacing Euro Area average

The increase points to continued upward pressure on employment costs for businesses

08:19 - 17 Ιουνιου 2026

Decisive step towards a timely MFF agreement by end of 2026 claims Raouna at GAC

The Deputy Minister for European Affairs Marilena Raouna described the partial general approaches reached as “a major achievement"

07:57 - 17 Ιουνιου 2026

CBN Reporter

Total employment in broad public sector at 78,388 persons in Q1 2026

The employment in General Government was 73,236 and in Publicly Owned Enterprises and Companies 5,152 persons

08:16 - 16 Ιουνιου 2026

CBN Reporter

Competitiveness report calls for more greenfield investment and monitoring mechanism

The Cyprus Competitiveness Report 2025 was presented by the Cyprus Economy and Competitiveness Council (SOAK)

07:57 - 16 Ιουνιου 2026

CBN Reporter

Profitability of banking sector shows annual decrease in first three months by 23.6%

The Central Bank of Cyprus has published the updated aggregate Cyprus banking sector data

08:04 - 15 Ιουνιου 2026

CBN Reporter

Cyprus signs double taxation avoidance agreement with Hong Kong

The agreement concerns the elimination of double taxation in relation to income taxes and the prevention of tax evasion and tax avoidance

07:58 - 15 Ιουνιου 2026

CBN Reporter

US expressed support for Cyprus' plans for gas extraction, GSI, energy security, Energy Minister says

Important meetings were held with US government officials and officials from the Eastern Mediterranean region during Michael Damianos' recent visit

07:43 - 15 Ιουνιου 2026

CBN Reporter

Arsenio Dominguez: Shipping is inherently global and requires universal, global regulations applied uniformly and consistently to all ships

The Secretary-General of the International Maritime Organization also elaborates on why regulation alone cannot deliver the scale of transformation needed

07:15 - 15 Ιουνιου 2026

CBN Reporter

Future of CBAM, capital markets and Ukraine on the agenda of the final ECOFIN under the Cyprus Presidency

The meeting will be chaired for the last time under the Cyprus Presidency by Cyprus Minister of Finance Makis Keravnos

08:21 - 12 Ιουνιου 2026

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