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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

Cyprus trade deficit widens to €4,679.1 million in first half of 2026

Cyprus's trade deficit widened in the first half of 2026, as imports rose while exports fell compared with the...
Economy

Cyprus economic sentiment improves, but households grow gloomier

Cyprus's Economic Sentiment Indicator rose by 0.7 points in July 2026, continuing the upward trend of the previous two...
Economy

Cyprus records highest card payment share in the eurozone

Cards made up 75% of all non-cash transactions in Cyprus during the second half of 2025, the highest share...
World

Alcohol drinking will shrink in the next decade, research finds 

Global alcohol consumption is set to drop over the next decade, despite population growth and rising demand in India,...
Local

Cyprus population nears one million, Eurostat data shows

Cyprus recorded a population of 982,966 on January 1, 2025, up from 966,365 in 2024, placing it among the...
Economy

Cypriots rank 12th in EU life satisfaction despite complaints

Cypriots may complain that nothing goes right, but the numbers show a different picture from what we might have...
Economy

Cyprus tops EU for spacious homes, as 70% live with extra rooms

Cyprus has the most spacious housing in the European Union, with 70 per cent of residents living in homes...
Economy

Major retail chains expand with new stores across Cyprus

Retail sector growth is driving major chains to open new stores across Cyprus, with METRO, STEPHANIS and JUMBO all...
Local

One in five Cypriots perceive themselves as poor, Eurostat data show

The share of Europeans who perceive themselves as poor decreased to 17.4% in 2024, down from 19.1% in 2023,...
Economy

Cyprus banks hold highest liquidity in eurozone but lag in lending to market

The Cyprus banking system holds the highest liquidity in the eurozone and stands well ahead of second-place Greece, with...
Local

Cyprus ranks third in EU for tertiary education completion at 60.1%

In 2024, Cyprus ranked third in the EU regarding tertiary education completion rates, with 60.1%, behind Ireland (65.2%) and...
Local

Police report over 250 cases of assault and resistance against officers each year

Police statistics reveal that officers face more than 250 incidents of violence or resistance annually, with official data showing...
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