Government expresses satisfaction over Cyprus' outlook upgrade by S&P

President Christodoulides and Finance Minister Kervanos have welcomed the island's new rating

08:10 - 03 September 2023

How the shipping industry is managing contemporary challenges

Sector leaders join the Deputy Minister of Shipping in discussing the industry’s future

07:12 - 03 September 2023

Cyprus incorporates REPower EU chapter in revised Recovery and Resilience Plan

The new chapter of REPower EU aims to enhance the energy sector

07:54 - 02 September 2023

Retail trade rises by 9.9% in value and by 8.1% in volume in July

The Turnover Volume Index of Retail Trade in July amounted to 148.8 units

17:00 - 01 September 2023

Revenue from tourism exceeds €1 billion in the first half of 2023

Tourists from the UK, the largest tourist market making up 34.8% of the total, spent on average €96.13 per day

16:03 - 01 September 2023

ACTE: Hotel industry under serious threat

Recovery hindered by uncontrollable operation of short-term leases and tourist flow to occupied areas

12:14 - 30 August 2023

Tourists visiting Larnaca ‘anticipated to reach 400,000 by season’s end’

Mayor Andreas Vyras also underlines that the city is a year-round destination

11:31 - 30 August 2023

Tourist arrivals and revenue increase in 2023 among 'busiest ever August'

August possibly closing as the best month ever recorded in the history of Cypriot airports, Hermes Airports notes

07:51 - 30 August 2023

Additional funding of €2.6m for Open University Cyprus

The funds will go towards upgrading the university’s technological equipment and strengthening its human resources

07:05 - 30 August 2023

What the Government's decision to invest in the EuroAsia Interconnector depends on

Finance Minister Keravnos stated that the government has asked a specialised company to carry out a viability study

09:10 - 29 August 2023

IMO adopts 2023 strategy on reducing GHG emissions from ships

The revised strategy includes an enhanced common ambition to reach net-zero greenhouse gas emissions by 2050

08:49 - 29 August 2023

Deposits and loans drop in July, Central Bank reports

The numbers are included in the August 2023 edition of 'Monetary and Financial Statistics

07:46 - 29 August 2023

Sales of petroleum products up a yearly 9.7% in July

Total sales of petroleum products in July amounted to 128,527 tonnes

16:06 - 28 August 2023

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Economy

Government expresses satisfaction over Cyprus' outlook upgrade by S&P

How the shipping industry is managing contemporary challenges

Cyprus incorporates REPower EU chapter in revised Recovery and Resilience Plan

Retail trade rises by 9.9% in value and by 8.1% in volume in July

Revenue from tourism exceeds €1 billion in the first half of 2023

Industrial Output Prices drop 3% y-o-y in July

The energy giants cooperating with the EuroAsia Interconnector

Turnover value in services up in Q2 y-o-y

General government shows €425.7m surplus

Fiscal Council: Government must tackle €10b Social Insurance Fund debt

Government on EuroAsia Interconnector: Viability study first, decisions after

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