June inflation at 25-month low

Cyprus’ June inflation reached 1.9% on an annual basis, mainly due to a decline in food prices

08:39 - 07 July 2023

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Industry employment up by 4.4% in 2021 and output value up 15.1%

Value added at current prices increased by 7.5% in the total of industry to €1,882.5 million

08:38 - 07 July 2023

Christodoulides_shipping

Christodoulides stresses importance of shipping sector at meeting with Chamber's new Board

During the meeting, the CSC presented current policy issues of the Cyprus shipping industry

15:18 - 06 July 2023

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New loan contracts spike in May

Total pure new loans amounted to €556.8m compared with €202m the previous month

08:35 - 06 July 2023

Unemployment hits lowest level in 17 months in June 2023

Compared to June 2022, there was a decrease of 585 individuals or 4.7%

08:30 - 06 July 2023

Turnover value in retail trade grows faster than volume in May

The figures reflect the impact of price hikes on the market

07:57 - 04 July 2023

Central Bank to assume part of legal costs for lawsuits tabled by bondholders

The Central Bank of Cyprus announced it will accept requests for reduced legal costs in lawsuits

07:30 - 04 July 2023

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Cyprus tourism revenue up 17.6% y-o-y in April

Revenue reached €217.6m in April 2023, compared to €185.1m in the same month last year

15:13 - 03 July 2023

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“Crown Iris” sounds beginning of summer cruise season

Larnaca Port welcomed its first cruise ship of the year, the "Crown Iris", with traditional Cypriot treats, music and dances

09:00 - 03 July 2023

Average gross monthly earnings of employees up 7.2% yoy in Q1 2023

The average gross monthly earnings of employees during the first quarter of 2023 amounted to €2,217

08:52 - 30 June 2023

Industrial Production Index remains stable in April on an annual basis

The Index reached 127.2 units (base 2015=100) recording a slight increase of 0.2% compared to April 2022

08:44 - 30 June 2023

EuroAsia Interconnector

Greek IPTO acquires 25% of EuroAsia Interconnector’s share capital

The operator's entry into Cyprus- Israel interconnection with Europe via Greece will contribute to its timely completion

08:32 - 30 June 2023

Cypriot and Israeli expert groups to begin meetings, Energy Minister says

The formation of two expert groups between the two countries has been agreed during Papanastasiou’s visit to Israel

08:24 - 30 June 2023

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