Cyprus Inflation Eases To 2.3%: A Promising Outlook For February 2025

by News Editor

March 4, 2025

The inflation rate in Cyprus is anticipated to drop to 2.3% this February, a decline from 2.9% in January, as projected by the latest flash estimate from Eurostat. This marks a continuation of the easing trend, with inflation down from 3.1% in December.

When compared to the same time last year, February 2024, inflation in Cyprus was slightly lower at 2.1%, demonstrating a persistent, yet fluctuating economic landscape.

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Eurozone Trends: A Comparative Analysis

The broader Eurozone is also witnessing a decrease, with an expected inflation rate of 2.4% in February, compared to 2.5% in January. Among the main components, services continue to lead with a rate of 3.7%, while the energy sector shows significant moderation to 0.2% from January’s 1.9%.

For those interested in the intersection of technology and economic shifts, explore our analysis on how AI innovations are influencing global markets.

Conclusion: A Careful Optimism

As Cyprus navigates its economic challenges, the easing of inflation offers a glimmer of hope. The coming months will be critical in determining if this trend holds—a point of interest for all stakeholders in the Cypriot real estate market.

Stay informed on key economic updates and insights by visiting our comprehensive overview on Cyprus’s democratic landscape.

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Eurobank Wins Two Euromoney Awards Following Cyprus Merger

by THEFUTURE.TEAM

July 17, 2026

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

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Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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