Nights booked in short term accommodation increased in 2023 according to Eurostat

Data for Cyprus also show a comparable increase for the first nine months of 2023

08:09 - 04 April 2024

Inflation in Cyprus to drop to 1.6% in March according to Eurostat estimates

In the eurozone, annual inflation is expected to be 2.4% in March 2024, down from 2.6% in February

07:53 - 04 April 2024

Retail trade up 5.8% in value, 5.1% in volume in February

Over the two-month span from January to February 2024, the Value Index has shown an estimated uptick of 5.4%

07:48 - 04 April 2024

Cyprus sees small reduction in unemployment in February according to Eurostat

In February 2024, the seasonally adjusted unemployment rate in Cyprus was 6.4%

07:41 - 04 April 2024

Papanastasiou: The barrier has been overcome the way opened for exploitation of the ‘Aphrodite’ deposit

He also revealed that CEO of ENI was anticipated to visit Cyprus at the end of April in connection to …

15:02 - 03 April 2024

Bank deposits and loans record sharp increase in February

Total deposits rose significantly €65.4m compared to the previous month, while net loans increased by €348.9 million

09:07 - 29 March 2024

Hadjimanolis: Cypriot-flagged ships increased 5.5% in past six months

The Deputy Minister of Shipping said there has been increased interest from new shipowners and shipping companies

08:34 - 29 March 2024

Industrial production up 4.2% in January

The manufacturing sector recorded a 3.2% uptick compared to January 2023

08:28 - 29 March 2024

KEDIPES to pay the state €140m in Q1

This is the largest quarterly payment in cash to the state, since the start of its operations in 2018

08:26 - 29 March 2024

€35.3 m support measures announced – Who benefits and by how much

Hundreds of thousands of individuals, families and businesses stand to benefit from the new measures

14:59 - 28 March 2024

President calls for acceleration of tax reform

Christodoulides has asked the Advisory Committee for Tax Reform to speed up the completion of the reform

14:05 - 28 March 2024

Cabinet convening to extend targeted support measures

According to CNA sources, the government will not renew the zero excise tax on fuels which expires at the end …

10:29 - 28 March 2024

FinMin welcomes Commission’s In-Depth review on Cyprus

The review, among other things, said that the Cypriot economy is on a sound footing due to solid economic growth

07:57 - 28 March 2024

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Economy

Nights booked in short term accommodation increased in 2023 according to Eurostat

Inflation in Cyprus to drop to 1.6% in March according to Eurostat estimates

Retail trade up 5.8% in value, 5.1% in volume in February

Cyprus sees small reduction in unemployment in February according to Eurostat

Papanastasiou: The barrier has been overcome the way opened for exploitation of the ‘Aphrodite’ deposit

We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

Cyprus government to request cost-benefit study for Great Sea Interconnector

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

Average gross monthly earnings up 6.2% annually in Q4, 2023

‘Aphrodite’ development and production proposal submitted to government

CI revises οutlook on Cyprus’ Long-Term Foreign Currency rating to positive

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