Cyprus household debt drops to €20bn, corporate liabilities at €41.7bn
Central Bank of Cyprus data for end-June 2026 shows household borrowing at 53% of GDP, while non-financial company debt stands at 111% of GDP.
Cyprus electricity bills ease from 2023 peak but stay above pre-crisis level
Eurostat puts household power at €0.26 per kWh in the first half of 2026, down from €0.37 three years earlier but still well above what Cypriots paid before 2021.
Cyprus hotels seek another two-year lifeline on fire safety licences
MPs from Disy, Diko and Elam have tabled a bill pushing the fire safety deadline for hotels to February 2029, warning that closures could cost thousands of jobs.
Cyprus landlords weigh long-term rents against holiday lets
Rising residential rents and tighter tax rules are pushing some owners to reconsider short-term holiday letting, with new figures showing conventional tenancies gaining ground.
Cyprus sees 35% fewer non-EU parcels as shoppers bundle orders to cut customs costs
Parcel numbers from outside the EU have dropped sharply since the €3 duty began on July 1, but the volume of goods is steady — shoppers are consolidating purchases into fewer shipments.
Fuel costs in Cyprus climb 24.6% year on year, Keravnos rules out big falls
Eurostat data show fuel and lubricant prices for personal transport in Cyprus up 24.6% annually in September, though the monthly petrol rise of 3.8% was the smallest in the EU.
Central Bank warns housing costs and skills gaps could slow Cyprus labour market
Unemployment hit a record low of 3.6 per cent in the second quarter of 2026, but the Central Bank of Cyprus says demographic shifts, housing costs and skills shortages may soon limit growth.
Nearly a quarter of Cyprus employees take home under €1,500 gross
Cystat data for 2025 put median gross monthly pay at €1,953 and the average at €2,591, with 24.2% of employees earning below €1,500.
Cyprus pension reform to make dividend income count toward social insurance
Business owners and shareholders who declare low salaries but take dividends would pay social insurance on part of those payouts under a draft pension reform.
IMF Lowers Cyprus 2026 Growth Forecast to 2.9 Per Cent
The IMF now sees Cyprus expanding by 2.9 per cent in 2026, slightly below the finance ministry's 3.1 per cent estimate, while inflation is expected to climb to 3.7 per cent.
Christodoulides pitches Cyprus as EU gateway for fintech at Limassol summit
Speaking in Limassol, the president tied the island's fiscal record and recent credit rating upgrade to its goal of drawing financial technology firms that want a European base.
Cyprus supermarket price gap hits 226% as consumer group flags platform flaws
A survey by the Cyprus consumers association found identical products priced up to 226 per cent apart across supermarkets, prompting calls to overhaul the e-kalathi comparison tool.