Cyprus Tourism: Cyprus tourism revenues fell 35.1% year-on-year in April to €197.5m, with the Iran war blamed for driving away visitors and hitting arrivals sharply from March onward. Housing & Property: The Central Bank says apartment prices in Cyprus rose 10.8% in Q1 2026, with foreign demand and higher construction costs lifting the House Price Index 7.5%. Labour Market: Cyprus recorded 63 occupations with labour shortages in 2024, with the biggest gaps in healthcare and digital technology, while Paphos hotel occupancy is reported about 20% lower than last year. Energy Policy: An energy expert warns Cyprus lacks a coherent long-term energy strategy, citing competing pressures from costs, climate targets and geopolitics. SME & Compliance: The Cyprus Chamber of Commerce and Industry invites SMEs to a European Commission survey on occupational safety and health in subcontracting chains ahead of the Quality Jobs Act. EU Rules Impacting Businesses: New EU packaging rules will require takeaway outlets to accept reusable customer cups from next February, but Cyprus still needs enforcement details. EU Governance: EU lawmakers also set a 30 June deadline for gender balance targets on company boards, while the Council moves to strengthen farmers’ bargaining power in the food supply chain. Business & Finance: CBC keeps the countercyclical buffer at 1.5%, and bank deposits in Cyprus rose to €58bn after a monthly increase. Developments Beyond Cyprus: A major explosion in Monaco injured a Ukrainian businessman with Cypriot citizenship, underscoring how Cyprus-linked individuals remain in international headlines.