What lawyers and accountants have to say about latest USA/UK sanctions
13:14 - 25 Μαΐου 2023
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Economy
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Commission recommends Cyprus speed up recovery plan, reduce fossil fuel use
In the context of country-specific recommendations issued as part of the 2023 European Semester Spring Package
09:54 - 25 Μαΐου 2023
Investment fund assets up 7% in Q1
The total assets of these funds increased by approximately 7% to €8.3b in March, compared with €7.7b in December 2022
08:35 - 25 Μαΐου 2023
Cyprus exits EU Excessive Imbalances procedure - 10 years on from crisis
“Cyprus has achieved significant progress and it is on a path of gradual correction" - EU official
07:39 - 25 Μαΐου 2023
CyStat launching Structure of Earnings Survey for 2022
The Statistical Service of Cyprus will begin its Structure of Earnings Survey for 2022, on 25 May
15:26 - 24 Μαΐου 2023
A third of the nights tourists spent in Cyprus in 2022 were in July and August
About one third of nights spent by tourists in Cyprus for the year 2022 were recorded in July and August, in line with the EU average
14:36 - 24 Μαΐου 2023
Direct USA-Cyprus flights 'possible within two years' as three US airlines show potential interest
There appears to be increased interest from major US airlines for direct flights to and from Cyprus
08:36 - 24 Μαΐου 2023
Dubai business mission showcases Cyprus as a regional business centre
The Ministry of Energy, Commerce and Industry in collaboration with the Cyprus Chamber of Commerce and Industry recently carried out a business mission to Dubai
07:44 - 24 Μαΐου 2023
Cyprus tourism industry gearing up for the summer season
International and local travellers are preparing to visit the island’s sunkissed beaches and cool mountain resorts
07:14 - 24 Μαΐου 2023
MS Europa 2 cruise ships docks near Paphos Harbour
The Maltese-flagged MS Europa 2 has docked near Kato Paphos Harbour as part of its cruise of the Eastern Mediterranean
09:52 - 23 Μαΐου 2023
Keravnos briefs EU Commissioner for Budget on economic developments in Cyprus
The Finance Minister met with EU Commissioner for Budget and Administration Johannes Hahn
07:52 - 23 Μαΐου 2023
ICS Chairman Grimaldi: The maritime sector is both resilient and resourceful
The war in Ukraine, cybersecurity, and increased environmental regulations are just three of the issues currently affecting the industry
07:00 - 21 Μαΐου 2023
Cyprus tourism: EU’s strongest recovery in 2022, despite loss of Russian market
Cyprus lost the most Russian visitors among its EU peers as a result of the war in Ukraine, and yet it had an above average recovery in 2022 – with a notable increase in arrivals from France in particular, in the range of +99%
10:32 - 19 Μαΐου 2023
Cyprus – Netherlands to sign double taxation avoidance agreement
The Finance Ministry has concluded negotiations with the Dutch authorities for a Double Taxation Agreement
09:31 - 19 Μαΐου 2023
Energean to proceed with the exploitation of the ‘Olympus Area’
Energean will submit a comprehensive programme for the exploitation of the deposits of the ‘Olympus Area’
15:57 - 18 Μαΐου 2023
Deputy Minister vows to continue supporting shipping education culture
She was addressing an event to mark the 45th anniversary of the CIM-Cyprus Business School, which was the first institution in Cyprus to offer academic degrees in shipping
11:15 - 18 Μαΐου 2023
NPLs at 9.3% of total loans in February
Non-performing loans (NPLs) decreased by €60m in February compared to the month before, making up 9.3% of total loans said the Central Bank of Cyprus
07:53 - 18 Μαΐου 2023
Tourist arrivals in Cyprus up 18.5% in April
A significant yearly increase of 18.5% was recorded in tourist arrivals in April 2023, according to data Cyprus’ Statistical Service
14:08 - 17 Μαΐου 2023
Cyprus’ harmonised inflation slows down to 3.9% in April
Cyprus’ annual EU-harmonised inflation slowed to 3.9% in April from 6.1% in March, official data has shown
13:58 - 17 Μαΐου 2023