Tag: Cyprus economy

Fuel prices rise 20.5% in Cyprus in May – what’s happening across Europe

Fuel prices in Cyprus increased by 20.5% in May 2026 compared with May 2025, according to figures published by Eurostat on Monday. The increase in...

Cyprus price levels reach 89% of EU average in 2025

Cyprus price levels reached 89% of the European Union average for household final consumption expenditure in 2025, according to figures published by Eurostat. The data...

Nearly 14,000 job vacancies in Cyprus

Job vacancies in Cyprus totalled 13,905 during the first quarter of 2026, according to figures released by the Statistical Service of Cyprus. The vacancy rate...

Foot-and-mouth disease revives discussion of PDO halloumi milk quota

The impact of foot-and-mouth disease on Cyprus’ livestock sector has reignited debate over Halloumi PDO production quotas, as concerns grow about maintaining halloumi exports...

Cyprus banks cut 4,634 jobs and close 370 branches in ten years

Bank branches in Cyprus have declined significantly over the past decade, with banks closing 370 branches and reducing their workforce by 4,634 employees between...

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Egypt-Greece interconnection targeted for 2031

Egypt plans to begin operating a 3GW electricity interconnection...

Christodoulides and Erhurman meet for Cyprus talks

President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhurman...

Turkey’s military plans account for possible war scenarios

Turkey is preparing for a range of scenarios in...

Temperatures hit 40°C again as yellow warning takes effect

A seasonal low-pressure system is affecting the area. Cyprus...
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