Economy

Von der Leyen proposes EU budget boost to 2 trillion euros

The European Commission on Wednesday proposed a 2 trillion euro ($2.31 trillion) EU budget for 2028 to 2034, with a new emphasis on economic...

CIBA calls for proportional foreign investment controls

Cyprus must move urgently to establish a national mechanism for foreign investment controls, according to the President of the Cyprus International Businesses Association (CIBA), Vassilis...

Foreign investment screening law heads to Parliament

Cyprus has taken a key step toward regulating cross-border deals with the formal submission of the foreign investment screening law to Parliament, aiming for...

Cypriot universities lack English-language degree programmes

Cypriot students may be denied access to their own public universities if English-language degree programmes are not introduced soon, warned Adonis Amerikanos, the representative...

Evangelismos Hospital sale puts Paphos clinic in foreign hands

A multimillion-euro deal has been signed for the acquisition of Evangelismos Hospital in Paphos, transferring ownership to foreign investors linked to the Hellenic Healthcare...