Economy

Forbes Cyprus Summit explores future of banking and fintech

The first Forbes Cyprus Next Generation Banking & Fintech Summit is taking place at the Four Seasons Hotel in Limassol on Tuesday, bringing together...

Cyprus 2027 state budget draws mixed reactions

The Cyprus 2027 state budget draws praise for economic performance but criticism over living costs, public spending, delayed projects and social inequality.

Cyprus government employees rise by 622 to 53,152

The number of Cyprus government employees reached 53,152 in September 2026, an increase of 622 people, or 1.2%, compared with the same month last...

Cost of living crisis hits lower-income households hardest

Cost of living pressures continue to weigh heavily on households despite the country's positive economic performance, economist Yiannis Telonis has warned, pointing to sharp...

How much of your salary goes on rent in Cyprus?

Housing costs continue to put pressure on households, with rents in Limassol reaching levels that can absorb 91 per cent of an average gross...