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Author: cyprustoday

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Rising temperatures shift Cyprus’s focus to year-round tourism

Cyprus could achieve significant economic benefits through year-round tourism, with reduced government expenditure on unemployment benefits and increased state revenues…

Cypriots, Greeks work the longest hours in EU, Eurostat data show

The proportion of European Union workers spending 49 hours or more weekly in their main jobs fell to 6.6% in…

Wizz Air launches new routes from Larnaca to Venice and Tuzla

Wizz Air has announced three new routes from its Cyprus and Greece operations, including direct flights from Larnaca to Venice…

Legal loophole allows foreign nationals to bypass property restrictions

A legislative loophole enables non-EU nationals to acquire property in Cyprus without obtaining mandatory permits, according to an Interior Ministry…

Poland becomes Cyprus’s third largest tourism market after July surge

Poland has established itself as Cyprus’s third largest tourism market following July results, joining the United Kingdom and Israel as…

Central Bank warns Cyprus private sector debt remains vulnerable to external shocks

Central Bank has warned that private sector debt stability remains fragile and vulnerable to negative external developments, despite continued reductions…

New €1m camping site near Natura 2000 protected area approved in Paphos

Authorities have approved construction of a €1 million camping facility in Peristerona, Paphos, following an environmental assessment due to its…

What kind of industries does Cyprus have?

Cyprus manufacturing employs approximately 40,000 workers and contributes around 10% to GDP despite lacking heavy industry such as steel production…

A valuable educational to EY: Inspiring the next generation of accountants, tax advisors, economists, and business leaders

By Maria Charalambous, Economics Teacher                                                                             On the 3rd of July 2025, the Association of Economics Teachers of Cyprus, accompanied by…

Op-ed: The METAVASEA project in Cyprus: CYMEPA’s achievements

By Marc Caramondanis* CYMEPA (Cyprus Marine Environment Protection Association) is actively participating in the international METAVASEA project, providing Cyprus with…

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