Cyprus’s non-performing loan (NPL) ratio held steady at 2.1% in November 2025, unchanged from October and down sharply from 3.1%…
UK pitches universities and youth mobility to Cypriots at Tech Fest
Britain showcased universities, innovation partners and youth mobility programmes at the Cyprus Youth Tech Fest in Limassol, positioning education and…
Cyprus energy plans grind to a halt as every major infrastructure project stalls
Every major energy project meant to bring down electricity costs in Cyprus has ground to a halt — the Vasilikos…
Protaras taps Apple and Pepsi brand strategist to chase top European destination status
The municipality of Paralimni-Deryneia has hired Peter Economides, the brand strategist behind global names such as Apple and Pepsi, to…
Auditor General finds tax office missed fraud warnings in €8.5m property deal
Cyprus’s Tax Department ignored repeated warnings that a well-known businessman had manipulated a property sale to dodge millions in tax,…
Last-minute trips boost Europe’s travel giant TUI, forward bookings dip
TUI TUI1n.DE, Europe’s largest travel operator by market share, on Tuesday reported a quarterly operating profit above expectations, noting a…
Larnaca pushes €30m Art Center and €1bn private developments at former refineries
Larnaca faces a planning crunch at its former refineries site: a €30 million Art Center that must open by 2029,…
Halloumi beats pharmaceuticals in Cyprus exports as trade deficit hits €8 billion
Cyprus’s trade deficit widened by €606 million in 2025 to reach €8 billion, driven by a nearly €1 billion surge…
Limassol outpaces Mediterranean rivals as tourism minister seeks improvements
The government has asked Limassol authorities to submit detailed upgrade proposals as part of a push to strengthen the city’s…
Explainer: India-US trade pact and its impact on millions of Indian farmers
The United States and India have released an interim framework for a trade deal, paving the way for an agreement…