economy

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Cyprus has a low share of employment in multinationals, according to Eurostat

The highest shares of employment in multinational enterprises are recorded in Luxembourg at 54% and Czechia and Sweden at 44%

08:43 - 07 Μαΐου 2026

CBN Reporter

Commissioner Kadis and Interior Minister discuss EU strategy for coastal communities

The two officials also discussed measures to strengthen resilience against the impacts of climate change, including coastal protection

08:32 - 07 Μαΐου 2026

CBN Reporter

Cyprus Energy Minister at Second EU–US Joint Statement Trilogue

The trilogue is focusing on legislative proposals to implement the EU–US Joint Statement agreed in August 2025

07:50 - 06 Μαΐου 2026

5472226438849417 Eleni Kaloyirou, CEO of Hermes Airports

CBN Reporter

Eleni Kaloyirou: What is essential today is to communicate clearly that the country continues to operate with stability, maintaining consistent connectivity and smooth travel flows

The CEO of Hermes Airports comments on the impact of recent geopolitical developments while also discussing airport expansion and Larnaca's role in Cyprus' air connectivity

07:15 - 06 Μαΐου 2026

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CBN Reporter

Cyprus and 9 other member states sent the SAFE loan agreement to the EU Commission

The Commission will now complete its internal procedures, with the aim of signing the loan agreements as soon as possible in order to proceed with the first disbursements

09:01 - 05 Μαΐου 2026

CBN Reporter

EU Ministers meet in Nicosia to discuss Common Fisheries Policy

Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, will chair the meeting

08:34 - 05 Μαΐου 2026

CBN Reporter

Retail trade up by 7.8% in value and by 5.8% in volume in March 2026

For the period January–March 2026, retail trade recorded an increase of 6.6% in value and 6.4% in volume, compared to the corresponding period in 2025

08:13 - 05 Μαΐου 2026

Christos Angelides Cyprus Hotel Association PASYXE

CBN Reporter

Summer bookings down 25% so far, Hotels Association Director General says

Christos Angelides notes hotel occupancy rates for this summer are currently around 40%–50%, whereas in the same period of 2025, they were close to 75%

08:09 - 05 Μαΐου 2026

CBN Reporter

President in Athens for DEFEA conference, meetings with Commissioner Kubilius and Minister Dendias

The Minister of Defence Vassilis Palmas, Deputy Government Spokesperson Yiannis Antoniou, and other officials are accompanying the President

07:44 - 05 Μαΐου 2026

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