Development expenditures rate in 2024 exceeds average of past decade

The figure reached 34% by the end of August, compared to a historical average of 31%

07:08 - 02 October 2024

40 years of EU-funded research; €93.5b allocated up until 2027

The Horizon Europe programme has so far invested around €283b in research and awarded over 30 Nobel Prizes

06:59 - 02 October 2024

Index of Industrial Output Prices down an annual 0.4% in August

For the period January-August 2024, the index showed a decrease of 2.2% compared to the same period last year

16:13 - 30 September 2024

Revenue from tourism records annual increase of 4.3% in July

For the period of January – July 2024, revenue from tourism is estimated at €1,610.4 million

14:38 - 30 September 2024

Nine major Nicosia developments and their anticipated impact on jobs and commuting

The nine projects will be built before 2030 and are expected to generate and attract more movement in Nicosia

10:19 - 30 September 2024

Cyprus ready to discuss collective financing, Panayides said in Brussels

The Agriculture Minister said that Cyprus is willing to discuss the recommendations on collective financing

08:12 - 27 September 2024

Economic sentiment deteriorates in September

The Economic Sentiment Indicator (ESI-CypERC) decreased by 1.4 points compared to August 2024

07:58 - 27 September 2024

President Christodoulides and Chevron reaffirm support for the 'Aphrodite' project

The project is of strategic importance both for the energy planning of Cyprus, the wider region, and Chevron the government …

07:42 - 27 September 2024

Panayiotou stresses need to tackle drought in agriculture at EU Council

The Minister for Agriculture referred to the significant impact that a prolonged drought has had on Cyprus

07:44 - 26 September 2024

Cyprus and China to further liberalise flights between the two counties

The agreement aspires to further improve the air connectivity between the two counties

07:33 - 26 September 2024

Cyprus and Netherlands conclude deal on Double Taxation Treaty in Curaçao

The deal is for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax …

07:30 - 26 September 2024

The co-financed projects over the next three years - The amounts to be allocated per Ministry

€600 million in total will be allocated for the EU's co-financed cohesion policy and common fisheries policy project

08:43 - 25 September 2024

The car brands that buyers prefer - Registrations on the up

About six out of ten registrations are still for used saloon cars compared to new ones

08:13 - 25 September 2024

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Economy

Development expenditures rate in 2024 exceeds average of past decade

40 years of EU-funded research; €93.5b allocated up until 2027

Index of Industrial Output Prices down an annual 0.4% in August

Revenue from tourism records annual increase of 4.3% in July

Nine major Nicosia developments and their anticipated impact on jobs and commuting

Tourism performance is positive but there must be no complacency, Deputy Minister says

Cyprus participates in expo in China, Commandaria and Halloumi receive awards

CΙ Rating Agency upgrades Cyprus' Long-term rating to “BBB” with positive outlook

Cypriots among interested investors for Larnaca port, Minister says

How the Recovery Plan will make the economy more resilient and competitive

US business leaders interested in investing in Cyprus

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