16 h. ago Public employment, job vacancies and labour costs all rise in early 2025

Employment in the broad public sector in Cyprus reached 77,034 in the first quarter of 2025, according to a report released on Monday by the Cyprus Statistical Service (Cystat). Of this total, 72,072 were employed in general government and 4,962 in companies and enterprises controlled by the government. Within the general government, which includes central […]

Politics

3 d. ago Cyprus wholesale trade and vehicle services grow in first quarter

The value of wholesale trade and motor vehicle-related activities in Cyprus continued to rise in the first quarter of 2025, according to data released on Friday by the state statistical service. The turnover value index for wholesale trade, except of motor vehicles, recorded an annual increase of 4.8 per cent compared to the same period […]

Politics

1 week ago Jumbo Cyprus sales up 8 per cent in first five months of 2025

Greek retail group Jumbo reported a strong rise in store sales across Cyprus and Greece in May 2025, reflecting a gradual rebound after a slower start to the year due to Easter falling much earlier than in 2024. Sales at Jumbo’s Cyprus stores increased by 14.5 per cent in May compared to the same month […]

Politics

2 w. ago European stocks to scale new heights in 2026, trade tensions temper loftier hopes

European shares are expected to rise slightly by the end of 2025 before scaling new heights in 2026, boosted by monetary easing and higher fiscal spending, but tariff and trade uncertainties are tempering hopes for bigger gains, a Reuters poll found. The pan-European STOXX 600 index is expected to rise to 557 points by end-2025, […]

Politics

3 w. ago Asking prices for UK homes have smallest spring rise since 2016

Asking prices for homes put up for sale in Britain have risen by the least for the late spring period since 2016, according to data published this week that added to signs of a slowdown in the country’s housing market after a tax break ended in April. The average price for houses and apartments advertised […]

Sport

3 w. ago Cyprus household saving rate set to rise to 11 per cent in 2025

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast highlights varied national trajectories, with countries like Cyprus, Portugal, and the Netherlands expected to see increases, while others, such as the United Kingdom and […]

Politics

4 w. ago Skills and optimism rise but fear still deters Cyprus entrepreneurs

Cyprus has reported a notable rise in early-stage entrepreneurial activity and public optimism, according to the latest Global Entrepreneurship Monitor (GEM) survey presented at the University of Cyprus. Despite this, fear of failure continues to pose a significant challenge for aspiring business founders, particularly among women. Now in its eighth consecutive year of participation, Cyprus […]

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