economy

Cyprus close to the EU average in purchasing power in 2025, according to Eurostat

It is noted that only 10 of the 27 Member States were above the EU average in 2025, representing around 34% of the Union’s population

07:44 - 26 Μαρτιου 2026

CBN Reporter

President to announce targeted measures for all affected sectors of the economy

“I am pleased because we have the ability, precisely due to our responsible fiscal policy, to announce new measures,” Nikos Christodoulides said

07:38 - 26 Μαρτιου 2026

CBN Reporter

State Budget Deficit of €1.79 billion in 2025, Treasury's Fiscal Report shows

The main source of State revenue for the fiscal year 2025 is taxation, which accounts for 86% of revenue

07:50 - 24 Μαρτιου 2026

CBN Reporter

Cyprus EU Presidency to further FAC coordination on the sidelines of the WTO Ministerial Conference

The 14th WTO Ministerial Conference will bring together ministers from the WTO’s 166 member states to examine challenges and opportunities

07:45 - 24 Μαρτιου 2026

CBN Reporter

S&P Cyprus rating confirms government’s prudent economic policy, President and Finance Minister say

Standard & Poor's credit rating agency affirmed its 'A-/A-2' long- and short-term ratings on Cyprus with “a positive outlook”

07:47 - 23 Μαρτιου 2026

CBN Reporter

Growth Directorate General considers €1.02 billion absorption from RRF feasible

By December 2025, the Coordinating Authority had submitted payment requests for disbursement from the RRF for seven of the nine total grant installments

07:57 - 20 Μαρτιου 2026

5431606756382637 Harry Anagnostaras-Adams

CBN Reporter

Harry Anagnostaras-Adams: Cyprus, despite its size, can play a leading role in highly technical and globally important industries

The Honorary Consul of Ethiopia to Cyprus and prominent figure in the global mining and natural resources sector discusses the island's potential

07:16 - 20 Μαρτιου 2026

CBN Reporter

Sunil Kapoor: Around 19 Cyprus-flagged vessels are currently in or near high-risk areas - but there is no sense of panic within the Cyprus shipping community

The COO & Partner of OL Shipping Group also explains that Cyprus continues to function as a stable and reliable maritime hub, underlining the importance of ensuring seafarer welfare

07:15 - 20 Μαρτιου 2026

CBN Reporter

Case of Cyprus solidarity could act as a compass for strengthening 42(7), government source says

Article 42(7) of the Treaty on European Union is a mutual defence clause obliging member states to provide aid and assistance

07:51 - 19 Μαρτιου 2026

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