Strong investor interest in Israel-Cyprus gas pipeline, Minister reveals
07:58 - 17 Μαΐου 2023
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Strong growth for Cyprus economy in Q1 2023, despite signs of slowdown
The Cyprus economy maintained a strong momentum in the first quarter of 2023, with real GDP registering an annual growth rate of 3.4%
15:40 - 16 Μαΐου 2023
EU Commission revises Cyprus’ 2023-2024 growth forecast upwards
In 2023, the Cypriot economy is expected to slow down from 5.6% in 2022 to 2.3% in 2023 and 2.7% in 2024
16:08 - 15 Μαΐου 2023
STEP Cyprus Conference and Gala Dinner
The Society of Trusts and Estate Practitioners (STEP) Cyprus will be hosting the annual STEP Cyprus Conference and a Gala Dinner on 24-25 May 2023 at the Four Seasons Hotel in Limassol, Cyprus
14:54 - 15 Μαΐου 2023
Eurobank Cyprus reduces mortgage rates by 0.5% for consistent borrowers
Eurobank Cyprus announce that it is reducing its mortgage interest rates by 0.5% for borrowers who are consistent with their loan instalments
14:08 - 15 Μαΐου 2023
Social partners sign new CoLA agreement
Trade unions and employers have finally managed to reach a transitional agreement over the Cost of Living Allowance (CoLA), after both sides accepted a compromise proposal by Labour Minister Yiannis Panayiotou
11:04 - 15 Μαΐου 2023
Ch. Vasiliou: How Cyprus can attract more foreign companies
The Managing Director of KPMG Cyprus says Cyprus needs to focus on improving infrastructure to continue to attract foreign investors
10:13 - 15 Μαΐου 2023
Eurobarometer: Cypriots want less bureaucracy and more user friendly e-services
Cypriots appear largely dissatisfied by the functioning of the country’s public administration
07:54 - 15 Μαΐου 2023
CCCI & KTTO support efforts to improve Green Line trade
The Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce have reaffirmed their support for all efforts aimed at the bilateral improvement of Green Line trade
13:40 - 12 Μαΐου 2023
Government employment drops in April due to transfer of workers to SHSO
Government employment in April 2023 dropped in Cyprus by 2.7% or 1,432 persons compared to April last year and amounted to 52,498 persons, data released by the Statistical Service of Cyprus (CyStat) show.
07:44 - 12 Μαΐου 2023
Cyprus’ Q1 external trade spikes 58.6% y-o-y
Cyprus’ January-March trade deficit jumped by an annual 58.6% reaching €2,567.5m, compared with €1,618.7m in the same period of 2022, according to provisional data by the Cystat
08:36 - 11 Μαΐου 2023
CBC Governor on sanctions: Financial stability intact; Cyprus’ reputation not
The inclusion of Cypriots in the US-UK sanctions for assisting Russian oligarchs following the war in Ukraine has not impacted the country’s financial stability yet; but the same can’t be said for Cyprus’ reputation, Herodotou said
08:19 - 11 Μαΐου 2023
How much tourists spend a day in Cyprus
Revenue from tourism reached €56.6m in February 2023 compared to €39.6m in the corresponding month of the previous year, recording an increase of 42.9%
08:39 - 10 Μαΐου 2023
April sees 6.3% rise in motor vehicles registrations, also up by 23.4% in Q1
An increase of 6.3% was recorded in April 2023 in the registration of motor vehicles with the figure reaching 2,987, compared to 2,810 in April 2022, while total registrations in the first quarter of the year increased by 23.4%.
08:04 - 10 Μαΐου 2023
Invest Cyprus: Present at the 76th Cannes Film Festival
Swedish reality show The Challenge and a film production based on the 1989 Oscar-winning film Shirley Valentine are just a few of the major productions that have just wrapped in Cyprus
07:00 - 10 Μαΐου 2023
New minister: We are redefining our energy strategy
The green transition is a top priority for the new government, as is reducing electricity costs to help the local industry and economy, the new Energy Minister, George Papanastasiou, told the 13th Nicosia Economic Congress
15:01 - 09 Μαΐου 2023
Labour Minister Panayiotou calls for compromise on CoLA
Labour Minister Yiannis Panayiotou believes ongoing consultations on CoLA will soon end with a positive result, he told the audience of the 13th Nicosia Economic Congress
13:37 - 09 Μαΐου 2023
Herodotou: CBC initiatives to combat banking sector challenges
The Central Bank of Cyprus has undertaken initiatives towards helping Cyprus' transition into the future and the creation of an even more resilient economy
12:34 - 09 Μαΐου 2023
ICPAC GM: Cyprus needs to revise its economic model
Cyprus needs to adjust to the new conditions and revise its economic model in order to survive in the current environment, Kyriakos Iordanou, the General Manager of ICPAC said addressing the 13th Nicosia Economic Congress
11:32 - 09 Μαΐου 2023