Theano Thiopoulou

Economy

Greek banks battle for billions in Cyprus banking market

Cyprus now generates more than 20 per cent of the combined profits of Greek banking groups Eurobank and Alpha...
Economy

Households have almost €1.7 cash per €1 debt on average

Households in Cyprus had, on average, almost 1.7 euros in cash and deposits for every euro they owed in...
Economy

Foreign capital in Cyprus shifts from deposits to equity, data show

Shares and equity made up 76.2 per cent of non-residents’ holdings in Cyprus in June 2026, up from 68.4...
Economy

Foreign household deposits in Cyprus banks down 90% from pre-crisis

Foreign household deposits in Cypriot banks have all but disappeared, standing at 269.5 million euros in September 2026, around...
Economy

Owning a home in Cyprus: Easier to borrow, harder to afford

Economy

What the dream of owning a home costs in Cyprus now

The European Central Bank’s Governing Council meets on October 28 and 29 to set interest rates. Some policymakers are...
Economy

Cypriot depositors shift billions as interest rates reshape savings

Cypriot depositors have significantly changed how they manage their money in recent years as shifting interest rates have influenced...
Economy

ECB warns food prices set to rise faster again in 2027

Food prices in the euro area are expected to start rising faster again in 2027, driven by higher energy...
Economy

Cyprus growth more than double eurozone average in second quarter

Cyprus’s economy grew a seasonally adjusted 3.3 per cent year on year in the second quarter of 2026, more...
Economy

Housing costs may hurt workers and businesses, Central Bank warns

Unemployment in Cyprus hit a record low of 3.6 per cent in the second quarter of 2026, leaving little...
Economy

Road asphalt prices up 21.07% as building material costs rise

Construction material prices in Cyprus rose 3.74 per cent in September from a year earlier, with road asphalt up...
Economy

How Cypriots pay: cards for shopping, transfers for big bills

The number of active payment cards in Cyprus rose by 33.8 per cent in three and a half years...
Economy

Central Bank data show €40.1bn household surplus, €58.6bn company deficit

Cypriot households’ financial assets exceeded their liabilities by 40.1 billion euros, while the liabilities of non-financial companies exceeded their...
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