EIB “ready to support Cyprus’ shift from oil-based energy to a more sustainable system”

A meeting was held to discuss the EAC’s investment plan for grid modernisation, smart metering, and battery storage

07:24 - 26 April 2025

CypERC revises 2025 growth rate by -0.5%

Growth in trading partner economies has remained muted, while trade policy uncertainty has been on the rise

07:43 - 25 April 2025

State budget implementation at 19% for revenue, 15% for expenditure in Q1 2025

A slight increase in revenue compared to last year is mainly due to an increase in indirect and direct taxes

15:00 - 24 April 2025

Cabinet approves tax incentive bill in tangible step towards ‘brain gain’

Government Spokesperson Konstantinos Letymbiotis described the move as a show of the government's commitment

12:56 - 24 April 2025

Cyprus signs Double Tax Treaty with Curaçao

The Convention provides tax certainty and security to companies, organisations and individuals, the Finance Ministry says

12:37 - 24 April 2025

Limassol district agrotourism enjoying wine and gastronomy boost

The Tourism Director at the Deputy Ministry of Tourism and Cyprus Agrotourism Company President talks about the sector

08:37 - 23 April 2025

Maria Kouroupi on the summer season’s prospects following a positive winter

The Director of Aviation Development, Marketing and Communication also talks about Hermes Airports' main challenges

08:10 - 23 April 2025

Cyprus recorded the second highest government surplus in the EU in 2024, according to Eurostat

The highest surplus was recorded by Denmark at 4.5%, followed by Cyprus and Ireland with 4.3% respectively

07:52 - 23 April 2025

IMF downgrades Cyprus growth rate for 2025 to 2.5%

In contrast, the Ministry of Finance, in its 2025 budget, estimates the growth rate at 3.1% for 2025

07:51 - 23 April 2025

Egg prices up annually in EU and Cyprus to a lesser extent, according to Eurostat

In Cyprus, the price of eggs in March had increased by 1.2% compared to the same month a year earlier

07:53 - 22 April 2025

US stocks and dollar plunge as Trump attacks Fed chair Powell

Trump called on Federal Reserve chair Jerome Powell to cut interest rates "pre-emptively" to help boost the economy

07:46 - 22 April 2025

Retailers - supermarkets satisfied with Easter essentials demand

Increased prices in essential goods may be the reason why there was no increased consumer interest in other products

07:34 - 22 April 2025

The essential ingredients for Cyprus’ future as an international business and financial hub

A panel at the 15th Nicosia Economic Congress addressed some critical issues, including the strategic use of the potential of …

07:00 - 19 April 2025

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Economy

EIB “ready to support Cyprus’ shift from oil-based energy to a more sustainable system”

CypERC revises 2025 growth rate by -0.5%

State budget implementation at 19% for revenue, 15% for expenditure in Q1 2025

Cabinet approves tax incentive bill in tangible step towards ‘brain gain’

Cyprus signs Double Tax Treaty with Curaçao

President Christodoulides announces incentives for Cypriots working abroad to return

Markets rebound as Trump signals cutting China tariffs 'substantially'

Fiscal surplus €1.4b in 2024, at 4.3% of GDP

Cyprus GDP at €33,567m in 2024, growth rate at 3.4% in real terms

Growth forecast to be revised slightly downwards, Keravnos says

As billionaires abandon the UK, now is the time for Cyprus to showcase its non-dom benefits

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