The latest market, economy, central-bank, policy and company stories from Cyprus, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | 3.8% | Moderate growth. |
| Inflation (2025) | 0.1% | Close to the ~2% most central banks aim for. |
| Unemployment (2025) | 4.9% | Moderate. |
| GDP per person (2025) | $41,783 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2025) | -6.3% of GDP | Deficit: spends more abroad than it earns, so it relies on foreign money. |
| Exports (2025) | 97.6% of GDP | Very trade-dependent: sensitive to tariffs and global demand. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
Demetra Holdings Plc repurchased 1,426 of its own shares at €1.36 per share on October 16, 2026, as part of its ongoing share buyback programme, the company announced on Monday. The transaction was executed on the Cyprus Stock Exchange (CSE) through the Cyprus Investment & Securities Corporation Ltd (CISCO).
The Cyprus Stock Exchange (CSE) will delist 2,000 Series 2 bonds issued by Rehub Plc from Tuesday, October 20, 2026, following their repayment in accordance with the terms of issue. The bonds are listed on the Corporate Bond Market of the CSE’s Regulated Market and trade under the code REHUBS2, with ISIN CY0240742219.
Eurobank S.A. repurchased 1.95 million of its own shares for €8.65 million over five trading days between October 12 and October 16, the lender announced on Monday.
Cyprus is expected to increase state revenue by requiring company owners, directors and shareholders who draw dividends alongside low declared salaries to pay social insurance contributions on part of those dividend earnings, under a proposed pension reform.
Cyprus-based shipping executive Capt. Eberhard Koch has called for a rethink of the International Maritime Organisation’s (IMO) proposed Net-Zero Framework, warning that carbon-based charges could place additional financial pressure on shipowners without necessarily delivering meaningful emissions reductions.
Euro area companies with more geographically diversified shareholders cut investment less sharply during the Covid-19 crisis than businesses whose investors were concentrated in their home country, according to a European Central Bank (ECB) working paper.
The European Central Bank (ECB) has developed two new indicators to monitor euro area banks’ vulnerabilities between regular stress tests, helping authorities assess whether lenders can withstand future losses and maintain profitability during economic downturns.
The European Securities and Markets Authority (ESMA) has published two new guidance notes aimed at helping investment firms and other financial market participants make clearer claims about the environmental and social benefits of their products and avoid misleading investors.
President Nikos Christodoulides on Sunday reiterated his call for local authorities to suggest to the government “projects” to be undertaken using funds he said the Republic of Cyprus has “secured” as part of the European Union’s next multiannual financial framework, despite negotiations to devise that framework being…
Here are the top business stories in Cyprus from the week starting October 12: The Cyprus economy is forecast to grow next year despite the economic headwinds due to ongoing crises abroad, the finance minister said on Monday in presenting the state budget for 2027.
Private equity buyouts can boost suppliers’ sales and employment but also intensify cost-cutting during economic downturns, with wider consequences for competition and the effects of interest rate changes, according to research published by the European Central Bank (ECB).
Technology and software companies face growing challenges from electronic invoicing requirements as countries introduce differing tax reporting rules, deadlines and data standards, according to professional services firm EY.
Strong investment in AI infrastructure is keeping global growth at around 3 per cent with major benefits for Asia, but also foreshadows a “slow-moving tsunami” that could massively disrupt labor markets, taxation and education, International Monetary Fund Managing Director Kristalina Georgieva said this week.
Greek shipowner Giorgos Vardinogiannis, a member of the family whose shipping and energy interests extended into Cyprus and president of Panathinaikos for almost 21 years, died on Friday aged 90. Known as the ‘Captain’, Vardinogiannis died following a short stay in hospital.
A full-scale field exercise at the Central Bank on Friday evaluated the operational readiness and coordination of authorities in addressing a terrorist attack, which could impact the security of crucial infrastructure of the Republic of Cyprus.
Crypto mining turns electricity and computing power into a way to participate in blockchain networks. But computing capacity has other buyers: developers running models, businesses processing documents, and applications delivering voice and image services.
Cyprus-based shipping companies are seeking a role in the development of the Kronos offshore gas field, following discussions between the Cyprus Shipping Chamber (CSC) and Eni Cyprus on maritime services and future liquefied natural gas (LNG) exports.
Demetra Holdings held €376.2 million in bank deposits and cash at the end of September 2026, representing 73.26 per cent of its total assets, according to an investment statement released through the Cyprus Stock Exchange (CSE) this week.
The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chief Kristalina Georgieva said on Friday, backing a blend of industry self-regulation and input from key governments.
President Nikos Christodoulides late on Thursday night called for the European Union’s multiannual financial framework, the bloc’s long-term budget, to be reduced from its customary seven-year period to cover just three or four years, as European heads of government wrangled late into the night, attempting to…
The International Monetary Fund (IMF) raised its growth forecast for Cyprus to 3.2 per cent in 2027, a revision welcomed on Thursday by Finance Minister Makis Keravnos, who pointed to the economy’s resilience despite continuing international uncertainty.
The European Union’s next multiannual financial framework, its budget for the period covering the years between 2028 and 2034, may be more than 10 per cent smaller than the initial proposal submitted by the European Commission in July last year, President Nikos Christodoulides said on Thursday.
A law barring the publishing or broadcasting of political messaging on the eve and day of elections, intended to prevent influencing the outcome, is obsolete and needs to change, MPs said on Thursday. Lawmakers have tabled two separate bills amending the 1979 law pertaining to legislative elections.
The Bank of England is working with banks on deep cyber-recovery options, its deputy governor Sarah Breeden said on Thursday, arguing they can no longer assume their defences are impenetrable in the face of AI-enabled cyberattacks.
Cyprus and Brazil have established a joint business and investment council to strengthen economic cooperation and create new opportunities for companies in both countries, following three years of efforts by Invest Cyprus to develop closer ties with the Brazilian market.