A "mutually beneficial" agreement has been reached with Chevron over "Aphrodite"

With the consensus that has now been reached, the parties are intensifying their discussions in the coming weeks

15:33 - 01 December 2023

General government surplus at 3.1% of GDP in first ten months of this year

In the same period of 2022, there was a surplus of €691.5 mn or 2.5% of GDP

12:19 - 01 December 2023

Keravnos discusses economic growth and cohesion policy in Brussels

He said it is important to make effective use of European resources in favour of economic growth and social cohesion

08:30 - 01 December 2023

Parliament opens the way for attracting overseas talents

The framework for naturalisations is changing following the House Plenum’s vote

07:18 - 01 December 2023

Services turnover value up in three sectors in Q3 2023

During the third quarter of 2023 the index was up in the sectors of administrative and support service activities by …

15:49 - 30 November 2023

Bundesbank head affirms ECB anti-inflation drive, not excluding new rate hikes

President of the German Bundesbank Joachim Nagel was on an official visit to Cyprus

08:22 - 29 November 2023

Household deposits down €50.8m, corporate deposits up €126.9m in October

Loans to households increased by approximately €700,000, while corporate loans decreased by €124.8 million

16:28 - 28 November 2023

Consultations with Chevron continue in a positive atmosphere, Energy Minister says

"Parallel consultations are also taking place and I see a positivity from both sides in order to find a common …

13:15 - 28 November 2023

Cyprus in EU discussion ahead of WTO ministerial conference

The 13th WTO Ministerial Conference will be held in Abu Dhabi on 26 - 29 February 2024

12:40 - 28 November 2023

Eurostat: Social protection health expenditure in Cyprus at 6% of GDP

In 2022, social protection sickness and healthcare expenditure, measured as a percentage of GDP, stood at 8.1% at the EU …

08:42 - 28 November 2023

Annual decline of 1.3% in petroleum product sales in October

Notable decreases were recorded in sales of kerosene (-48.1%), heating gasoil (-33.9%), and light fuel oil (-29.1%)

08:37 - 28 November 2023

Disposable income for households and non-profit institutions up by 7.2%

Despite the significant rise in spending, the savings ratio for households and NPISH experienced a notable decrease

08:33 - 28 November 2023

A look at the proposed new citizenship framework for highly skilled professionals

The legislation aims to amend the Civil Registry Law in order to modernise the existing legislative framework

08:09 - 28 November 2023

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Economy

A "mutually beneficial" agreement has been reached with Chevron over "Aphrodite"

General government surplus at 3.1% of GDP in first ten months of this year

Keravnos discusses economic growth and cohesion policy in Brussels

Parliament opens the way for attracting overseas talents

Services turnover value up in three sectors in Q3 2023

Cyprus aims to enhance economic cooperation with the US, President says (pics)

Fiscal Council calls upon government to maintain debt-deficit trend, starting with 2025 budget

Claudio Pascualucci: Our aim is to consolidate and strengthen our already positive trade relationship

Industrial Production Index shows increase of 2.5% in September

Economic sentiment in Cyprus improves in November, UCy ERC says

Energy companies express commitment to Eastern Med natural gas prospects

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