4 h. ago Cyprus turnover indices show continued growth in third quarter

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic activity and higher sales compared with the same period last year. Specifically, the service reported the turnover value index of wholesale trade recorded an […]

Politics

5 h. ago Cyprus public sector employment hits 74,400 in third quarter 2025

Cyprus public sector employment hits 74,400 in third quarter 2025  Kathimerini

Events

3 d. ago Cyprus labour market stays strong as EU employment holds steady

Eurostat on Friday reported that the EU employment rate for people aged 20 to 64 held steady at 76.2 per cent in the third quarter of 2025. This latest release comes shortly after recent state statistical service (Cystat) data showing that Cyprus is performing far above the EU average in employment, yet facing a slight […]

Politics

7 d. ago Cyprus GDP growth outperforms EU average with robust quarterly rise

Cyprus recorded one of the strongest performances in the European Union in the third quarter of 2025, with seasonally adjusted GDP rising by 0.9 per cent compared with the previous quarter, according to Eurostat. This followed growth of 0.7 per cent in the second quarter. Year-on-year GDP growth in Cyprus reached 3.6 per cent in […]

Politics

1 week ago Employment in Cyprus rises by 1.4 per cent in the third quarter of 2025

Total employment in Cyprus reached 523,510 persons in the third quarter of 2025, according to provisional estimates released by the Statistical Service (Cystat). Of this total, 470,755 were employees and 52,755 were self-employed. Compared with the same quarter of 2024, overall employment increased by 1.4 per cent. The most notable gains, Cystat reported, were recorded […]

Politics

1 week ago Cyprus services and transport turnover rises in the third quarter

The turnover value index for services and transport in Cyprus recorded broad increases in the third quarter of 2025 compared to the same period of 2024, according to the statistical service (Cystat). According to the figures, administrative and support service activities rose by 8.8 per cent, while accommodation and food service activities increased by 7.7 […]

Sport

2 w. ago Safe Bulkers posts $17.8m Q3 profit as fleet renewal offsets weaker market

Safe Bulkers, the Limassol-linked dry-bulk shipowner listed on the New York Stock Exchange, delivered a profit in the third quarter of 2025 despite softer rates, lower scrubber earnings and ongoing geopolitical disruptions, with two vessel sales completed, environmental upgrades progressing and a new sustainability-linked credit facility secured. Net income reached $17.8 million, compared with $25.1m […]

Economics

2 w. ago Cyprus betting revenue reaches €298m in Q2, up 4 per cent year

Cyprus’ betting market continued to expand in the second quarter of 2025, with total gross revenue from Class A and Class B operators rising by 4 per cent year-on-year to €298.1 million, the National Betting Authority (NBA) said this week. The figure also represents a 16 per cent increase compared with the same period in […]

Politics

2 w. ago Cyprus’ loan criteria and terms steady in Q3 as banks expect unchanged supply but stronger demand

Cyprus’ banks kept their lending criteria unchanged in the third quarter of 2025, with both businesses and households facing the same terms and conditions as in the previous quarter, according to the Central Bank of Cyprus’ (CBC) latest Bank Lending Survey (BLS). According to the survey, loan demand also remained broadly stable, with net demand […]

Politics

2 w. ago Cyprus unemployment rate falls to 4.1 per cent in third quarter

Unemployment in Cyprus stood at 4.1 per cent in the third quarter of 2025, easing from 4.5 per cent a year earlier, according to a report published by the statistical service (Cystat) on Wednesday). The number of unemployed persons fell to 21,781, down from 23,073 in Q3 2024, with the rate among men at 3.7 […]

Politics

2 w. ago Cyprus Business Now: finance ministry, companies, Eurobank, RIF, ECOMMBX, gaming

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups the main challenges under nine objectives, ranging from macroeconomic stability and fiscal discipline to financial stability, public-sector productivity and preparations for Cyprus’ EU […]

Economics

2 w. ago Finance Ministry sets out priorities and challenges in 2026 budget

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups the main challenges under nine objectives, ranging from macroeconomic stability and fiscal discipline to financial stability, public-sector productivity and preparations for Cyprus’ EU […]

Politics

4 w. ago Apple leads as global tablet market dips 4.4 per cent in third quarter

Worldwide tablet shipments declined 4.4 per cent year over year in the third quarter of 2025, totalling 38 million units, according to data from the International Data Corporation (IDC). Following six consecutive quarters marked by product refreshes and a replacement cycle upswing, the global tablet market began to show signs of cooling. Elevated inventory levels […]

Politics

4 w. ago Information and communication sector leads EU business growth

The number of registrations of EU businesses increased by 4.0 per cent during the third quarter of 2025, compared with the second quarter of 2025, according to Eurostat. At the same time, the number of bankruptcy declarations increased by 4.4 per cent compared with the second quarter of 2025. Eurostat reported that the number of […]

Politics

last month Cyprus Business Now: GDP, Finance Minister, shipping, CSE privatisation, RIF

Cyprus’ economy recorded robust growth in the third quarter of 2025, with new national and European data confirming that the country continues to outperform the wider region. According to a flash estimate by the Cyprus Statistical Service (Cystat), Cyprus’ seasonally adjusted gross domestic product increased by 3.6 per cent year-on-year in the third quarter of […]

Politics