State budget deficit up by €80 million in 2023

Specifically, the final state budget deficit for 2023 amounted to €0.98 billion compared to €0.90 billion in 2022

07:54 - 28 March 2024

Cyprus and Israel Energy Ministers agree to promote joint energy projects

George Papanastasiou and Eli Cohen discussed the issue of cooperation in the field of energy, which holds great potential for …

07:49 - 28 March 2024

EU to support establishment of asset management office in Cyprus

The European Union has said it will support a series of reform support projects on the island

07:45 - 28 March 2024

Cyprus is an important destination for investments says Estonian President

Efforts are underway to strengthen bilateral relations and the development of cooperation between Cypriot and Estonian companies

07:37 - 28 March 2024

Morningstar DBRS: Cyprus GDP to grow by 2.4% in 2024

Even though its forecast dropped from a previous 2.5%, its projection for 2025 has gone up from 2% to 2.4%

14:31 - 27 March 2024

Morningstar confirms Cyprus’ BBB (high) credit rating, maintains stable trend

The Stable trend balances favourable economic and fiscal developments against important downside risks, it said

07:52 - 26 March 2024

Cyprus aims to complete LNG terminal by end-2024, Minister says

The project is included in the EU Projects of Common Interest (PCI) with a €101 million funding

07:48 - 26 March 2024

Interior Ministry announces naturalisation criteria as Cyprus aims to attract highly-skilled overseas talent

The requirements skilled third-country nationals must meet to apply for naturalisation in Cyprus have been outlined by the government

16:42 - 22 March 2024

The turnover value index in sale of cars increases by 30% in 2023

The index in the economic activity of sale of motor vehicles in the last quarter of 2023 amounted to 193.3 …

16:30 - 22 March 2024

CCLEI continues its downward trend in February 2024, says CypERC

International economic and geopolitical uncertainties inevitably affect CCLEI growth, and therefore the Cypriot economy's growth prospects

16:16 - 22 March 2024

Liu Yantao: The China-Cyprus trade volume was close to $1 billion last year

The Ambassador of China in Cyprus said his country’s relationship with Cyprus has bright prospects

14:50 - 22 March 2024

Chinese Ambassador: Main body of Vasilikos project could be completed end of 2024 - early 2025

Liu Yantao responded to journalists' questions during a media workshop organised by the Embassy of China in Nicosia

09:32 - 22 March 2024

Koumis: A sustainable destination respects its visitors and own resources

The Deputy Tourism Minister addressed the annual conference of the Association of Cyprus Tourist Enterprises

09:02 - 22 March 2024

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Economy

State budget deficit up by €80 million in 2023

Cyprus and Israel Energy Ministers agree to promote joint energy projects

EU to support establishment of asset management office in Cyprus

Cyprus is an important destination for investments says Estonian President

Morningstar DBRS: Cyprus GDP to grow by 2.4% in 2024

Cyprus exported mainly mineral fuels and oils, pharmaceuticals and halloumi in 2023

Keravnos: Compensatory measures being considered after abolition of reduced fuel tax

Tourism Minister optimistic about 2024 despite “not easy year” ahead

About 85% of Cypriot agricutural subsidy beneficiaries have small farms

FBI to help Cyprus tackle financial crime

European Commission: Cypriot economy on sound footing, sees risks from geopolitical tensions

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