Nexans announces intention to suspend works for Great Sea Interconnector

Nexans is the company that is setting up the cable for the electrical interconnection between Cyprus and Greece

11:59 - 29 August 2024

Installation-Crete-Cyprus-cable-starts-Great-Sea-Interconnector

Deposits in Cyprus banks up by €164.7m, loans down €7.2m in July

The annual growth rate of total deposits stood at 2.9%, compared with 2.0% in June 2024

08:31 - 29 August 2024

15 workers dismissed by Kition requesting integration into Larnaca marina projects

The workers say the state's actions deprived them of a proper opportunity to seek alternative employment

08:26 - 29 August 2024

Retail sector hampered by housing as well as staff shortages

Business owners are demanding the opportunity to create workforce housing in rural areas

08:09 - 29 August 2024

The brands of motorcycles that Cyprus drivers prefer

Motorcycle registrations, concerning both small and large vehicles, are on the rise according to CySTAT data

07:50 - 29 August 2024

“Aphrodite” gas field partners to submit an updated development plan after a breach of contract notice

The partners are Chevron Cyprus Limited, Operator, BG Cyprus Limited (Shell) and The Partnership (NewMed Energy)

07:41 - 27 August 2024

Economy is resilient and advancing positively, Finance Minister says

Among other things, Keravnos said that the fiscal balance as a percentage of the GDP stood at 1.3% at the …

08:21 - 26 August 2024

The y-o-y growth rate of the CCLEI remained positive in July, CypERC says

The Cyprus Composite Leading Economic Index1 recorded a year-over-year increase of 0.8% in July 2024

08:10 - 26 August 2024

Ministry satisfied with consumers’ response to ‘’photovoltaics for all’’ scheme

By July the Ministry had received 6,000 applications which were budgeted for the first phase of the scheme

07:53 - 26 August 2024

Cypriot bonds held by the Eurosystem decline to €6.38 billion

The ECB continues to deleverage its balance sheet in the context of its restrictive monetary policy cycle

07:50 - 26 August 2024

Financial literacy lesson introduced in formal curriculum

CySEC: Initiative “marks a significant step towards empowering students with essential financial knowledge and skills”

07:02 - 26 August 2024

Contract for Cyprus-Greece maritime passenger connection extended for another three years

Since the first voyage in June 2022, more than 21,000 passengers have used the service, with more than 7,000 cars …

12:34 - 23 August 2024

National Strategy on Cruise Tourism put to public consultation

The government has announced that the public consultation will continue until 6 September

12:11 - 23 August 2024

Σελιδα 24 απο 113

Economy

Nexans announces intention to suspend works for Great Sea Interconnector

Deposits in Cyprus banks up by €164.7m, loans down €7.2m in July

15 workers dismissed by Kition requesting integration into Larnaca marina projects

Retail sector hampered by housing as well as staff shortages

The brands of motorcycles that Cyprus drivers prefer

Energy Minister clarifies position on geopolitical risks of Great Sea Interconnector

RIF reveals the 100 top beneficiaries of its €180m grants since 2016

Economic sentiment improved in August

Papanastasiou: Decision on electrical interconnection "in coming weeks"

Alexis Vafeades: Contractors will be in place at Larnaca marina ‘in about a year’

Roussounides: Cyprus still has a way to go before becoming a year-round tourism destination

News Feed