Kikis Lagos: “Negative developments have followed a number of long standing recession signals”

The Managing Director of One Plus Capital Ltd shares his view of the recent events in the global markets

15:31 - 06 August 2024

Cyprus airports traffic reaches record high in first seven months of 2024

The number of passengers using Larnaca and Paphos airports increased 4.42% on an annual basis

15:27 - 06 August 2024

Tassos J. Yiasemides on how global market turmoil and Middle East escalation could impact Cyprus

KPMG in Cyprus’ Head of Global Compliance Management Services comments on the impact of recent events

12:50 - 06 August 2024

Registered unemployed persons down 10% annually in July

This annual decrease is attributed mainly to the financial and insurance, trade, construction, accommodation and food service sectors

07:48 - 06 August 2024

Industrial Turnover Index down 3.3% in May 2024

In manufacturing, the Industrial Turnover Index for May 2024 reached 132.9 units, recording a decrease of 2.4%

07:44 - 06 August 2024

Cyprus using new measures to tackle drought and heat, Agriculture Minister says

Panayiotou discussed measures to combat the prolonged heatwave, noting record temperatures in June and July

07:38 - 05 August 2024

No cover-up in Vasilikos investigation, President Christodoulides assures

President Christodoulides has stressed that nothing would be concealed regarding the issue

07:32 - 05 August 2024

The government’s €30m plans for Larnaca

“The contract termination should not deprive the city of Larnaca of these projects," said Minister Alexis Vafeades

08:57 - 02 August 2024

Retail trade up significantly in June

The Turnover Value Index increased by 5.5% compared to June 2023, while the Turnover Volume Index rose by 3.2%

08:20 - 02 August 2024

Inflation decelerates in July after three months of increases

The inflation rate increased by 2.1% in July, having increased by 2.9% in June, 2.7% in May, and 2.36% in …

08:14 - 02 August 2024

General Government records €424.5m surplus in H1

During January-June 2024, total revenue increased by €800.1m (+14.5%) and amounted to €6,313.2m

10:12 - 01 August 2024

Industrial output prices down 2.4% y-o-y in June

For the period January-June 2024, the index dropped 3.1% compared to the corresponding period of 2023

09:52 - 01 August 2024

Pure new loans up by €95.7m in June

Deposit rates increased while there were mixed trends when it came to lending rates

09:45 - 01 August 2024

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Economy

Kikis Lagos: “Negative developments have followed a number of long standing recession signals”

Cyprus airports traffic reaches record high in first seven months of 2024

Tassos J. Yiasemides on how global market turmoil and Middle East escalation could impact Cyprus

Registered unemployed persons down 10% annually in July

Industrial Turnover Index down 3.3% in May 2024

Central Bank of Cyprus revises growth rate for 2024 to 3%

Eurostat: Share of doctor and dentist graduates in Cyprus comparable to EU average

Main European stocks index hit lowest point in over six months over US recession fears

Economy continues to record considerable growth, CBC Governor says

Cypriots’ favourite travel destinations - From Greece and the UK to the USA and Italy

Non-cash payments in Cyprus at €129 billion in 2nd half of 2023 up by 12% YoY

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