Cyprus Reconsiders EU Green Taxes to Prevent Consumer Impact

by News Editor

May 15, 2025

The Cypriot government is navigating complex tax scenarios amid new EU green regulations that pose potential increases in consumer costs. Responding to these concerns, President Nikos Christodoulides highlighted the strategic necessity to stall or minimize new carbon taxes to prevent significant financial pressure on residents through heightened water and fuel tariffs.

These proposed measures fall under the EU’s Recovery and Resilience Facility (RRF), aimed at accelerating Europe’s green transition. During a recent interview with Omega TV, President Christodoulides assured that Cyprus is working closely with EU officials to mitigate these impacts, even if it means sacrificing some financial assistance from the initiative.

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Efforts to balance environmental commitments with fiscal responsibilities reflect a broader dedication to sustainable development.

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CSE Reports March Market Shares As Argus Tops With 30.83%

by THEFUTURE.TEAM

April 7, 2026

Overview

Cyprus Stock Exchange (CSE) reported €31.50 million in share transactions for March 2026, including €11.24 million in pre-agreed trades. Data also cover the first quarter, with total transactions reaching €86.06 million across January to March.

Detailed Market Analysis

CSE provides market share calculations both including and excluding pre-agreed transactions. March figures incorporate these trades, while separate data sets highlight activity without them. Such differentiation reflects varying trading dynamics and offers a clearer view of market structure. Bond values are excluded from percentage calculations.

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Quarterly Performance Metrics

Figures for the January–March period show how market shares shift depending on the calculation methodology. Year-to-date data provide a broader perspective on member activity across the exchange. Inclusion or exclusion of pre-agreed transactions affects comparative positioning. These metrics are used to assess overall performance trends.

Key Participant Performance

Argus Stockbrokers Ltd recorded a 30.83% market share in March, with transactions totaling €9.71 million, placing it first for the month. CISCO Ltd held a 24.54% share in March and ranked first for the quarter with 26.19%. Mega Equity Financial Services Ltd followed with 18.31% in March and 24.08% across the quarter. Additional participants included Eurobank EFG Equities with 8.04% and Atlantic Securities Ltd with 7.46%, contributing to overall market activity.

Aggregate Trading Volumes

Pre-agreed transactions accounted for €11.24 million of March’s total turnover. Overall trading value reached €86.06 million for the first quarter. These figures reflect both negotiated and regular market activity, providing a fuller picture of trading volumes.

Conclusion

CSE data outline the distribution of market shares and transaction volumes across members. Distinctions between pre-agreed and regular trades highlight differences in activity patterns. Reported figures provide a basis for evaluating market structure and participant performance.

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