Cyprus salaries lag as EU average climbs, Eurostat data show

The data show a 6.5% bump in the EU’s annual full-time adjusted salary, with Cyprus trailing behind with a modest …

06:11 - 14 November 2024

Compliance with DORA Regulation: The need for digital resilience in the financial sector

Sector experts discussed ‘Harmonising compliance for clients with complex or cross-border activities’ at the DORA Conference

14:18 - 13 November 2024

NPLs down by €15 million in August, CBC data show

Household NPLs stood at €916 million in August 2024, representing 8.7% of total loans

07:56 - 13 November 2024

Cyprus is becoming a well-established attraction for major film production companies

Thirteen productions are currently underway in Cyprus: six movies, six reality shows and one British series

07:02 - 13 November 2024

Interior Ministry terminates Liopetri River fishing shelter contract with contractor and engineer

It is understood that the Ministry came to the decision after exhausting every margin

12:58 - 12 November 2024

New contractor to be sought for Paphos-Polis Chrysochous road

This development comes in the wake of the termination of other high-profile contracts for multi-million euro projects

10:55 - 11 November 2024

Contracts for €175m projects about to be signed ahead of announcement of more worth €696m

The projects include creating or improving urban and rural roads and constructing or upgrading government buildings

09:15 - 11 November 2024

CySEC warns about fake posts and scams on TrustPilot and Google Business

The Commision reports that people are impersonating CySEC officers or representatives and contacting investors

08:26 - 11 November 2024

Renewable storage and AI fuel monitoring to cut energy cost, says Energy Minister

Papanastasiou outlined plans to introduce a 150-megawatt hybrid storage system and new AI tools for monitoring fuel prices

07:46 - 11 November 2024

Cyprus GDP per capita at 95% of the EU average

In purchasing power units, Cyprus' GDP per capita is 35,700, compared to 37,600 in the EU where 1pps is equal …

07:43 - 11 November 2024

Andri Tringidou: Trump's plans could lead to a rise in economic growth but at what cost?

Argus Stockbrokers' MD suggests financials and traditional energy could be seen more attractive, along with Bitcoin

07:03 - 09 November 2024

Average gross monthly earnings of employees up 6% in Q2 2024

Τhe average gross monthly earnings amounted to €2,398 compared to €2,262 during the second quarter of 2023

15:59 - 08 November 2024

Vehicle registrations up 11.5% in first ten months of year

They increased from 38,503 in January-October 2023 to 42,930 in the corresponding period in 2024

14:13 - 08 November 2024

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Economy

Cyprus salaries lag as EU average climbs, Eurostat data show

Compliance with DORA Regulation: The need for digital resilience in the financial sector

NPLs down by €15 million in August, CBC data show

Cyprus is becoming a well-established attraction for major film production companies

Interior Ministry terminates Liopetri River fishing shelter contract with contractor and engineer

Average government employment in January – October up by 3.4% year-on-year

Cyprus’ trade deficit down by 17.8% in January – September 2024

Part-time workers at 8% of employees in Cyprus, below EU average, according to Eurostat

Cyprus showcased as an investment destination at London conference

Frederick University workshop on CSRD and impact of ESG on corporate risk and financing

Jason Cave: There is a need for strong regulatory mechanisms in the fintech ecosystem

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