Tag: Cyprus economy

Average salary reaches €2,601, one in three earns below €1,500

Cyprus July 30, 2026 at 10:08

Salaries in Cyprus continued their upward trend in the first quarter of 2026, with average gross monthly earnings rising by 3.7% compared with the...

Hotel occupancy hits 85% but falls short of last year

Cyprus July 27, 2026 at 11:15

Cyprus tourism bookings for July and August are averaging around 85% nationwide, a noticeable decline compared with last year’s record performance, according to the...

New co-operative bank launches €42m public share offer

Cyprus July 22, 2026 at 10:58

The Cyprus Co-operative movement has launched a €42 million public share offer to raise capital for the creation of a new Co-op bank. The public...

Cyprus records EU’s second-largest annual public debt drop

Economy July 21, 2026 at 16:29

Cyprus' gross government debt fell to 54.6% of GDP at the end of the first quarter of 2026, according to figures published by Eurostat...

Cyprus tourism returns to stable track

Cyprus July 17, 2026 at 13:51

June arrival figures confirm that tourism arrivals have returned to a more stable course, Deputy Minister of Tourism Kostas Koumis said on Friday. In a...

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