Tag: economynews

Beach sunbed prices rise as cap increases to €3.50

Economy February 6, 2026 at 11:13

End of the €2.50 era on Cyprus beaches Trips to Cyprus beaches are set to become more expensive this year, as the long-standing prices cap...

Trump’s stunning tariff pause focuses trade war on China

Economy April 10, 2025 at 08:02

US President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on...

18th post-programme surveillance review: Meetings begin

Economy March 17, 2025 at 17:10

Meetings are scheduled to take place from March 17th until March 20th in Cyprus between representatives of the European Commission, the European Central Bank, the European...

US Crypto Policy, the EU’s regulatory response, and Cyprus’s role

Economy March 11, 2025 at 11:59

By Nicole K. Phinopoulou, Lawyer, Banking & Financial Services, ESG & Sustainable Finance Expert, Regulatory Compliance, LL. B (Hons), LL.M(UCL), LPC, CISL, University of...

Banking sector reports loan growth and nearly €1b deposit surge

Economy January 30, 2025 at 13:03

Cyprus recorded a strong increase in banking activity in December 2024, as loan demand rebounded with a net increase of €503.2 million, while total...

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