Economy

Easter 2026: Cypriots may source lamb from Bulgaria as FMD drives prices up and supplies down

Cypriot families who traditionally fill their Easter tables with lamb will face a double challenge this year: sharply rising prices and genuine concerns about supply. Kostas Livadiotis, head of the Pancyprian Butchers’ Association, warns that the foot-and-mouth disease (FMD) situation has created a serious market shortage. “We traditionally slaughter around 35,000 lambs and kids for […]

Christos Pavlou

23.03.2026

Economy

Cyprus fishing industry in rough waters: fewer fish, tougher livelihoods

Cyprus’s fishing industry is facing a crisis that threatens not only today’s catch but the very survival of the profession. Landings are steadily declining, costs are rising and fishers feel abandoned. These findings are starkly documented in a recent Oceana study based on field interviews with 47 professional fishers across six harbours on the island. […]

Christos Pavlou

23.03.2026

Economy

Nuclear energy and SMRs return to the discussion for Cyprus

Nuclear energy is returning strongly to the European agenda, as energy security concerns and net-zero targets are pushing policymakers to consider new options. The summit on nuclear energy organised by the President of France has given fresh momentum to that debate. Within this context, Professor Ανδρέας Πουλλικκάς of Πανεπιστήμιο Frederick and former chairman of ΡΑΕΚ […]

Christos Pavlou

22.03.2026

Business

With a Coffin at the Presidential Palace: Farmers Demand End to Animal Culling

Cyprus livestock farmers staged a dramatic protest today, marching with a coffin to the Presidential Palace in opposition to foot-and-mouth disease control measures. The march began at 10:00 AM from the GSP Stadium in Nicosia, with dozens of farmers from across Cyprus walking toward the Presidential residence. A farmer from the Geri area alleged that […]

Christos Pavlou

21.03.2026

Economy

Standard & Poor’s reaffirms positive Cyprus economy rating despite regional war

International rating agency Standard & Poor’s has maintained the Republic of Cyprus’s rating at A- with a positive outlook, according to an announcement issued on Friday evening, March 20, 2026. The Ministry of Finance noted that this decision amid widespread instability demonstrates that the Cypriot economy’s fundamentals remain sound and the positive trajectory is expected […]

Christos Pavlou

21.03.2026

Economy

Fuel price rally: petrol up 15 cents, diesel up 24 cents in three weeks

The Cypriot economy and households are facing an emergency situation in the fuel sector, with Brent crude reaching $110 per barrel — doubling in one month due to the war with Iran. Dramatic price increases in three weeks Unleaded 95: from €1.314 to €1.461 — up 14.7 cents/litre Diesel: from €1.410 to €1.650 — up […]

Christos Pavlou

21.03.2026

Business

Eurobank Wins Top Honors at Euromoney Awards in London

Eurobank is proud to lead in Private Banking. It received two major awards at the Euromoney Private Banking Awards 2026 in London. The bank was named ‘Cyprus’s Best International Private Bank’ and ‘Cyprus’s Best for Digital Solutions.’ These awards come at an important time for Eurobank, right after its legal merger in Cyprus. They show […]

Coffeevibesmagazine-Christina Pelekanou Pelekanou

20.03.2026

Business

Eurobank Supports Farmers Amid Foot-and-Mouth Disease

Eurobank is keeping a close eye on the livestock sector and the challenges from foot-and-mouth disease. They are ready to help their customers and the entire livestock industry. This is a serious issue that could hurt the income of many families who run farms or work in livestock. The effects might also reach other sectors, […]

Coffeevibesmagazine-Christina Pelekanou Pelekanou

20.03.2026

Business

Invest Cyprus Promotes Investment Opportunities in New York

Invest Cyprus took part yesterday, March 19, 2026, in New York at a breakfast roundtable. This event was organized with FT Locations and fDi Intelligence. It was the second event after the collaboration kicked off in London last month. The talk focused on where international money is going and why the Eastern Mediterranean is attracting […]

Coffeevibesmagazine-Christina Pelekanou Pelekanou

20.03.2026

Business

Lidl Cyprus invests over €1 3 million for the expansion its store

With renewed infrastructure and an emphasis on energy efficiency, Lidl Cyprus is upgrading the shopping experience in Limassol. Lidl Cyprus continues its network upgrade plan and is delivering its fully renovated store in Mouttagiaka to the public. With an investment exceeding 1.3 million euros, the company is modernizing its infrastructure, offering a modern and functional […]

Nikos Katsaros

20.03.2026