News Cyprus: Eurobank Research named top forecaster in Cyprus
Eurobank Research has been named Cyprus’ leading forecaster for a second consecutive year in the Focus Economics Analyst Forecast Awards 2026, recording strong performances against a field of established international and domestic banks and financial institutions. The bank said that its Economic Analysis and Research Unit, known as Eurobank Research,…
News Cyprus: Cyprus deposit rates remain among eurozone’s lowest
Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures released by the Central Bank of Cyprus (CBC). The CBC said the level of interest rates on outstanding loans…
News Cyprus: Cyprus lending rates align with euro area, deposits stay lowest
The Central Bank of Cyprus (CBC) has published its latest bulletin titled “Cyprus Interest Rates in a European Context: Analysis and Comparison”, offering a comprehensive examination of Cypriot lending and deposit rates within the broader euro area framework.The bulletin is based on already published statistical data from both the European Central Bank (ECB) and the CBC.It aims to provide the public with a clearer understanding of banking...
News Cyprus: Cyprus sees spike in housing loans as interest rates rise
New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data from the Central Bank of Cyprus (CBC) on interest rates and new lending.Specifically, total net new loans reached €361.90 million in May, up from €331.30 million in April, the CBC said.The strongest increase was recorded in housing loans, which rose to €145.50m...
News Cyprus: New tax on non-EU items could drastically affect Cyprus consumers
From the start of July, the European Union is introducing a €3 duty on non-EU goods worth up to €150. This affects, among others, major retailers such as the fashion chain Shein and the budget retailer Temu. The new duty is intended to ensure fairer competition between domestic suppliers and…
News Cyprus: Cyprus tax system to be presented to Greek firms
The new Cyprus tax system, in force since January 1, 2026, will be presented to Greek businesses and investment organisations at a special event in Athens on March 6. The presentation will take place from 10.00 to 14.30 at the Amphitheatre of the Theoharakis Foundation, located at 9 Vasilissis Sofias…
News Cyprus: Cyprus embraces digital finance amid shifting global landscape
The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money is created, moved and managed. The transformation is no longer gradual. It is structural, driven by digital banking, evolving…
News Cyprus: Turkey mulls stationing new commando brigade near Kyrenia
The Turkish armed forces are mulling the prospect of stationing a new commando brigade in the mountains above Kyrenia, the Cyprus Mail understands. Turkish defence ministry spokesman rear admiral Zeki Akturk had confirmed on Thursday that “work has begun to increase the number of commando brigades” in operation in the…
News Cyprus: EU advances 3-label overhaul for investment funds amid confusion
The European Union is moving to make sustainable investing much easier to understand after years of confusion over what actually qualifies as a "green" fund. Under the EU Council's latest plan, ...
News Cyprus: Cyprus financial core links more to the world than to local economy, study finds
Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by Antonio Sánchez Serrano, found that banks dominate financial systems across most euro area countries, but Cyprus is among four exceptions…
News Cyprus: Buying and Selling Real Estate in Cyprus
Cyprus is a common law jurisdiction, and its legal system is based on the UK one. It is a clear and robust system which leaves no uncertainty as to the ownership status of real estate in Cyprus. The ...
News Cyprus: Buying and Selling Real Estate in Cyprus (Updated)
Cyprus is a common law jurisdiction, and its legal system is based on the UK one. It is a clear and robust system which leaves no uncertainty as to the ownership status of real estate in Cyprus. The ...
News Cyprus: Cyprus Bailout May Equal Half its Economy
Cyprus, the fifth euro zone country to seek emergency funding from Europe, may require a bailout of up to 10 billion euros — over half the size of its national economy. The Mediterranean island nation ...
News Cyprus: Cyprus construction sector looks to the next decade
Discover how the Cyprus construction industry is evolving with modern practices, its influence on the economy, and the challenges it's facing ...
News Cyprus: Cyprus targets gas exports in 2028, as the Mid East conflict increases supply tensions
Michael Damianos, the Energy Minister, said that Cyprus could start producing natural gas to?export by?2028. This would 'potentially?
News Cyprus: Cyprus is proving to be an attractive destination for investment funds
With the on-going Brexit negotiations causing significant uncertainty across the continent, Cyprus offers a secure and cost-effective European jurisdiction for fund management companies Cyprus can ...
News Cyprus: Cyprus investment fund assets edge up in December
The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of funds. According to the data, the number of investment funds decreased slightly from 351 in September 2025 to 350…
News Cyprus: Cyprus has emerged as Europe’s new investment fund hotspot
The island has become one of Europe’s most promising fund domiciles, with forward-thinking companies like Eurobank Cyprus playing a central role in the country’s investment market Based in Nicosia, ...
