Retail trade value up a yearly 10.9% in March

The Turnover Value Index of Retail Trade for March 2023 increased by 10.9% compared to the same month last year, …

08:49 - 03 May 2023

Moody’s: Cyprus a “potential rising star” for credit rating boost

International rating agency Moody’s has described Cyprus as a “potential rising star” when it comes to boosting its credit rating …

13:30 - 02 May 2023

Cyprus: Third highest rate of people working long hours in EU

In Cyprus, 9.7% of the workforce (7% in the EU) worked long hours (49h or more per week) in their …

12:29 - 02 May 2023

CI Ratings: Cyprus’ sovereign ratings affirmed; outlook remains stable

Capital Intelligence Ratings announced that it has affirmed Cyprus’ Long-Term Foreign Currency Rating and Short-Term Foreign Currency Rating at ‘BBB-’ …

10:37 - 02 May 2023

Fuel sales down 6.7% y-o-y in March

Total sales of sales of petroleum products amounted to 111,817 tonnes in March, recording a decrease of 6.7% compared to …

12:50 - 28 April 2023

Trade deficit reached €7,101.0m in 2022

The main partner country in imports for 2022 was Greece whereas the main partner country in exports of domestic goods …

15:28 - 26 April 2023

Deputy Minister of Tourism Koumis meets with UK strategic partners

Deputy Minister of Tourism Kostas Koumis has held a series of meetings with representatives of Cyprus’s “strategic partners” in London

08:06 - 26 April 2023

The Republic's debt interest rate risk is limited thanks to ESM, report says

The interest rate risk for the debt of the Republic of Cyprus is limited, despite the continuous rise in the …

07:49 - 26 April 2023

Antonis Antoniou re-elected to OEB helm

Antonis Antoniou has been re-elected Chairman of the Cyprus Employers and Industrialists Federation (OEB) at its annual general meeting in …

11:56 - 25 April 2023

Antoniou and Paradisiotis battle it out over OEB presidency

The Cyprus Employers and Industrialists Federation will elect its new Chairman; the Chairman of Vassiliko Cement Works and Managing Director …

09:21 - 25 April 2023

New names on Forbes list of Cyprus billionaires

Some new names have been added near the top of the list of billionaires with Cypriot citizenship included in prestigious …

07:12 - 25 April 2023

Supporting low and middle-income groups a priority, Government says

Supporting the vulnerable and low and middle-income groups is a priority, Government Spokesperson Konstantinos Letymbiotis has said.

07:59 - 24 April 2023

Fiscal surplus of €570.2 mn and fiscal debt of 86.5% of GDP for 2022

The Statistical Service has announced a fiscal surplus of €570.2 mn, which corresponds to 2.1% of GDP and a fiscal …

16:15 - 21 April 2023

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Economy

Retail trade value up a yearly 10.9% in March

Moody’s: Cyprus a “potential rising star” for credit rating boost

Cyprus: Third highest rate of people working long hours in EU

CI Ratings: Cyprus’ sovereign ratings affirmed; outlook remains stable

Fuel sales down 6.7% y-o-y in March

Industrial production rose 0.6% in February

NPLs rose slightly in January

Keravnos heads to Stockholm for Eurogoup and Ecofin meetings

Herodotou: Bank system stable with strong cash flow

Economic sentiment deteriorated in April

Ship management revenue has continued to recover since pandemic

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