47 h. ago Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023

Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting period, although value added at current prices fell slightly due to declining fuel prices. The report showed that total turnover […]

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3 d. ago TechIsland launches initiative to support legal professionals in tech sector

TechIsland, Cyprus’ largest technology association, on Monday announced the creation of the TechIsland Legal Community. According to the announcement, this is a new professional initiative dedicated to lawyers, legal advisors, and compliance professionals operating in the country’s fast-growing tech sector. “As part of its broader mission to strengthen Cyprus’ position as a regional tech hub, […]

Politics

6 d. ago Eurobarometer: Cypriots say EU positively impacts living conditions

The perception of Cypriots about the impact of EU regional policy remains largely positive, according to the latest Eurobarometer survey. According to the survey, 88 per cent of respondents in Cyprus believe that EU-funded initiatives contribute positively to living conditions in their respective countries or regions, while 35 per cent are aware of the existence […]

Politics

7 d. ago Further positive steps possible if two sides remain committed

Concrete steps taken in Geneva at the informal broader meeting are reassuring, United Nations Secretary General Antonio Guterres said late on Thursday after a number of specific initiatives were agreed with the potential to build trust between the two sides. If the two sides remain committed “further positive steps are possible,” he added. “This, together […]

Politics

7 d. ago Commission endorses positive preliminary assessments of Cyprus' and Portugal's payment requests under NextGenerationEU

Commission endorses positive preliminary assessments of Cyprus' and Portugal's payment requests under NextGenerationEU  EU Reporter

Events

8 d. ago Cyprus international investment position worsens in early 2025

Cyprus’ international investment position (IIP) deteriorated in the first quarter of 2025, recording a net liability of €31.01 billion compared to €29.18 billion in the fourth quarter of 2024. The figures are based on preliminary data for the first quarter of 2025 released by the Central Bank of Cyprus (CBC), covering the balance of payments, […]

Politics

8 d. ago Bird Aviation expands Larnaca operations with fresh agreement

Bird Aviation has signed a multi-year agreement with a leading European airline for the provision of heavy maintenance services on narrow-body aircraft, reinforcing Cyprus’ position as a regional hub for aircraft maintenance and repair operations. The company confirmed that the work will be carried out at its facilities at the old Larnaca airport, and will […]

Politics

9 d. ago Cyprus a voice of reason in region of angry voices, minister says

Cyprus is striving to position itself as a credible, stable, and forward-looking economic partner within the region and the European Union, government officials affirmed at Bloomberg’s ‘Future of Markets’ forum in Limassol. The event, hosted by Bloomberg’s European Director Constantin Cotzias, brought together government officials, regulators, investors, and economists to examine Cyprus’ economic outlook and […]

Politics

2 w. ago S&P upgrades Freedom24 outlook to positive over risk reforms

S&P Global Ratings has revised its outlook for Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from stable to positive. At the same time, the credit rating agency affirmed the company’s long- and short-term issuer credit ratings at ‘B+/B’. The improved outlook, the agency explained, reflects the company’s efforts to strengthen its risk […]

Events

2 w. ago Frozen duck breasts pulled from shelves over salmonella contamination

A batch of frozen duck breast fillets imported from Poland has been pulled from supermarket shelves in Cyprus after testing positive for Salmonella enteritidis, health officials confirmed on Wednesday. The health services issued a warning to consumers after routine market checks revealed contamination in the product, which has been deemed unsafe for human consumption. The […]

Politics

3 w. ago Cyprus Positioned as a Leading Mediterranean Destination with Record

Cyprus Positioned as a Leading Mediterranean Destination with Record-Breaking Tourism Growth in May 2025 and Strong Prospects for the Year Ahead: New Update You Need To Know  Travel And Tour World

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