New District Councils to submit budgets by 27 May

The reform of the Cyprus Local Authorities System kicks in on 1 July, featuring a reduced number of Municipalities and …

07:44 - 08 May 2024

Consumer spending up in supermarkets for Easter, other retail shops see decline

Experts suggested that consumers this year chose to spend on basic needs in the midst of recession

07:41 - 08 May 2024

Cypriot bonds held by the Eurosystem steady at €6.76 billion

The value of Cypriot sovereign bonds held by the Eurosystem under the PSPP and PEPP corresponded to 29% of public …

07:38 - 08 May 2024

Christoforos Ioannou: “The fiduciary industry is going through a transformation process”

The General Manager of the Cyprus Fiduciary Association shares his view of the fast-evolving sector

07:20 - 08 May 2024

Eurostat: Number of journalists or people in similar professions drops in Cyprus

The data was published on the occasion of World Press Freedom Day

07:45 - 07 May 2024

Abu Dhabi event to highlight Cyprus investment opportunities

"Cyprus: An Attractive Investment Jurisdiction & Gateway to the EU” will be presented on 8 May during AIM Congress 2024

07:12 - 01 May 2024

Cabinet approves national development agency

The agency, proposed by the Finance Minister, will be ready by end-2025 or early 2026, with substantial allocated funding

15:07 - 30 April 2024

Public Debt Management Office: Robust cash buffers to tackle uncertainty

The PDMO said the government’s cash reserves at end-2023 amounted to almost €2.83 billion

12:30 - 30 April 2024

Fuel sales down by an annual 3.2% in March

An increase was observed in the provisions of aviation kerosene (3.4%) and in the sales of kerosene (21.6%)

08:31 - 30 April 2024

Industrial output marks new annual gains in February

For the period January – February 2024, the index recorded an increase of 5.8% compared to the previous year

08:22 - 30 April 2024

Financial policy’s main targets achieved, Finance Minister says

Keravnos said the Finance Ministry “feels it has achieved all targets set and we feel there have been achievements in …

08:08 - 30 April 2024

Employment rate over EU average in Cyprus as island also has third-most overqualified workers

The highest employment rates in 2023 were recorded in the Netherlands (84%), Sweden (83%) and Estonia (82%)

07:58 - 30 April 2024

The most popular destinations as Cypriots take to the skies

Greece, the UK and Italy topped the list of destinations during the 128,085 trips taken in January-March this year

07:47 - 30 April 2024

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Economy

New District Councils to submit budgets by 27 May

Consumer spending up in supermarkets for Easter, other retail shops see decline

Cypriot bonds held by the Eurosystem steady at €6.76 billion

Christoforos Ioannou: “The fiduciary industry is going through a transformation process”

Eurostat: Number of journalists or people in similar professions drops in Cyprus

Tourism Deputy Minister in UAE for tourist exhibition and investment meeting

MONEYVAL: Cyprus has improved on AML/CFT measures

President and ENI CEO discuss scenarios for exploitation of natural gas fields

Cyprus residents spent €1.4 billion on trips abroad in 2022

Koumis: The significant contribution of sports tourism is confirmed

Elena Karkoti on why tackling financial illiteracy is a high priority for CySEC

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