Tag: Cyprus economy

How the Middle East crisis could affect Cyprus’ economy and tourism

Economist Yiannis Telonis has warned that the ongoing geopolitical crisis in the Middle East could place pressure on the Cyprus economy, particularly through rising...

Minds in Cyprus tax incentives approved

After months of delay, the House of Representatives has approved tax incentives and related measures under the Minds in Cyprus initiative, aiming to attract...

Bank of Cyprus €481m profit, €305m dividend in 2025

Strong profitability and efficiency Bank of Cyprus results for 2025 confirm another year of strong and high-quality profitability, allowing the lender to maintain elevated shareholder...

Three key pillars that boosted Cyprus’ economy in 2025

The Cyprus economy continues to show strong fiscal and growth performance, with a surplus of around 3% and public debt falling close to 50%...

Plan for 48 instalments on social insurance debts

Debtors to the Social Insurance Fund will again gain the option to settle social insurance debts, as the Labour Ministry prepares a new scheme...

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Trump ‘declares’ Strait of Hormuz US territory: New threats from Iran

US President Donald Trump has repeated his claim that...

Bedroom catches fire in Deryneia: Blaze caused by charging mobile phone

A fire broke out at around 3:40 a.m. in...

Avakas Gorge: Missing 16-year-old found after search operation with dogs

The search for a 16-year-old boy of Russian origin,...

Behind-the-scenes Israel–Turkey talks to prevent conflict in Syria

Behind-the-scenes contacts between Israel and Turkey are underway in...
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