Trade deficit down by 20% in the first semester of 2024

The trade deficit in January–June 2024 was €3,571.8 m compared to €4,478 m in the corresponding period of 2023

08:19 - 12 August 2024

Construction Materials price index down by 1.45% in Jan-July 2024

Compared to the month of July of the previous year, the index recorded a decrease of 0.36% in July 2024

08:17 - 12 August 2024

Agriculture Ministry is highlighting policies that promote traditional products

Permanent Secretary Andreas Gregoriou also spoke of the government’s actions to establish a Cypriot label awarding system

08:11 - 12 August 2024

Deputy Minister of Social Welfare, Marilena Evangelou

Boosting mountainous regions is one of the government's main policies, Deputy Minister says

Marilena Evangelou said the relevant Ministries and Deputy Ministries have targeted policies with specific implementation plans

08:08 - 12 August 2024

OEB's energy sector members come forward on the GSI-The cable must not be created 'at any cost'

Five of its members have differentiated themselves from the Federations view of the Great Sea Interconnector

15:23 - 09 August 2024

Major projects and RRF, keys to maintaining growth rates, Fiscal Council says

The Council said that if the state follows its recommendations, the growth estimate in 2025 and 2026 should be revised …

07:35 - 09 August 2024

Services production in Cyprus sees annual increase of 3.6% in May, according to Eurostat

The production of services remained more or less stable in the eurozone and in the EU in May

07:31 - 08 August 2024

Tasos Hadjinicolaou: “Nothing is certain in financial markets, but it is likely that the volatility is here for a while”

The Manager, Investment Strategy, Private & Affluent Banking Management at the Bank of Cyprus identifies the four factors behind the …

07:00 - 08 August 2024

Phanos Vladimirou: Cyprus' small and open economy makes it vulnerable to external shocks

The Research Analyst at Athlos Capital said the impact would be felt on its tourism sector, FDI and energy prices

09:47 - 07 August 2024

Cyprus’ R&D budget increase way above EU average in 2023

Eurostat said the budget allocated by the island's government to R&D rose by 19.8% (EU average 5.3%)

08:17 - 07 August 2024

US stock markets rise after days of turmoil

US shares opened higher on 6 August, as a tentative calm returned to global markets following days of sharp falls

07:48 - 07 August 2024

Daniel Antoniou: “A sharp correction in global markets will inevitably bring the local stock market lower”

The Executive Director of 7Q Financial Services Ltd suggests geopolitical developments could have a more significant impact on the local …

07:17 - 07 August 2024

Demetris Taxitaris: Impact of current geopolitical events on Cyprus will be limited

The Chief Executive Officer of MAP S.Platis also commented on the recent developments in the global markets

07:15 - 07 August 2024

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Economy

Trade deficit down by 20% in the first semester of 2024

Construction Materials price index down by 1.45% in Jan-July 2024

Agriculture Ministry is highlighting policies that promote traditional products

Boosting mountainous regions is one of the government's main policies, Deputy Minister says

OEB's energy sector members come forward on the GSI-The cable must not be created 'at any cost'

Census 2021 reports aging population, restrained urbanisation, university education increase

Panikos Teklos: “Within an overheated market it only takes a spark to start a fire”

Minutes from video conference on the Great Sea Interconnector reveal ongoing pressures

Eurostat: Potato production increases in Cyprus and EU, but still in long term decline

Total registrations of motor vehicles records annual increase of 16.6%

RoC response to Commission on €101m terminal funding by first week of September

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