Value index of wholesale trade and sales/repair of motor vehicles shows increase

The Turnover Value Index of Wholesale Trade during the second quarter of 2024 recorded an increase of 7.7%

08:00 - 24 September 2024

TAQA reaffirms strong interest in GSI participation to the President

TAQA representatives reaffirmed the company's strong interest in participating in the electricity interconnection project

07:57 - 24 September 2024

Timeframe in place for Cyprus’ GSI participation, Papanastasiou tells MED9

The Energy Minister referenced the timeframe’s existence, but said he didn’t wish to elaborate further

14:57 - 23 September 2024

MED9 Energy Ministerial Meeting participants committed to transforming Mediterranean into energy hub

Cyprus hosted the Meeting under the chairmanship of the Minister of Energy, Trade and Industry, George Papanastasiou

14:15 - 23 September 2024

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Electrical interconnection: CERA and RAAEY to teleconference over IPTO’s recoverable costs requests for 2024-25

According to CNA sources, the recoverable costs, which IPTO is requesting, concern its capital costs and operating costs

11:49 - 23 September 2024

Morningstar DBRS Cyprus rating highlights government's sound economic policies, says President

Morningstar DBRS ratings confirmed the Republic of Cyprus' Long-Term Foreign and Local Currency - Issuer Ratings at BBB (high)

07:47 - 23 September 2024

Cyprus and Greece sign Framework of Understanding for electrical interconnection

The project is expected to restart in the coming days, a joint press release from the two Ministries stated

07:44 - 23 September 2024

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Kyriacos Kakouris: Anything is possible when it comes to the EIB’s potential financing of the GSI

Whether or not the project is eligible for lending will be evaluated mainly from a technical point of view, the …

15:39 - 20 September 2024

CERA convenes to revise regulatory framework for Great Sea Interconnector

The meeting came after President Nikos Christodoulides discussed the issue with Greek Prime Minister Kyriakos Mitsotakis

14:43 - 20 September 2024

Cabinet to approve 2025 State Budget

The Budget aims to contain public sector employment, reduce public debt and implement significant infrastructure projects

10:48 - 20 September 2024

New record of arrivals from France likely, says Deputy Tourism Minister

The French market has seen a significant 25% increase in tourist arrivals to Cyprus from January to August 2024

08:23 - 20 September 2024

Inflation dropped in Cyprus and the rest of Europe in August

There was also a reduction in annual inflation compared to August 2023, dropping from 3.1% in Cyprus

08:17 - 20 September 2024

Magda Bianco visits CBC to discuss financial education effort

The Chair of the OECD International Network of Financial Education had “insightful bilateral discussions”

07:02 - 20 September 2024

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Economy

Value index of wholesale trade and sales/repair of motor vehicles shows increase

TAQA reaffirms strong interest in GSI participation to the President

Timeframe in place for Cyprus’ GSI participation, Papanastasiou tells MED9

MED9 Energy Ministerial Meeting participants committed to transforming Mediterranean into energy hub

Electrical interconnection: CERA and RAAEY to teleconference over IPTO’s recoverable costs requests for 2024-25

Papanastasiou underlines crucial role energy plays in the Mediterranean region

Cyprus University of Technology gets €125 million in EIB support for campus upgrades

Christodoulides and Hadjiyiannis underline the importance of the shipping sector (pics)

Cyprus Transport Minister highlights importance of EU connectivity

Organic production areas in Cyprus at 8% says Agriculture Minister

Cabinet approves budget, spending at €10.13 billion, says Finance Minister

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