Cyprus risks losing Israel's market if the war continues, Tourism Minister says

Deputy Minister of Tourism Kostas Koumis noted that Israel was Cyprus' second largest market for tourists

07:58 - 02 November 2023

Possible impact on cruises from regional crisis, says Cypriot official

Permanent Secretary of the Deputy Ministry of Tourism, Costas Constantinou was speaking at a conference

07:51 - 02 November 2023

GDP down, inflation up amid geopolitical uncertainty, UCy ERC projects

The Economic Research Centre (ERC) of the University of Cyprus has downgraded its forecasts for Cyprus' GDP growth

14:21 - 01 November 2023

Banks and asset managers decide to extend freeze on foreclosures

They announced the decision after a last-minute meeting with the President and Finance Minister

11:30 - 01 November 2023

Inaugurating new CUT facilities, President says education growth is a priority (pics)

Nikos Christodoulides was speaking at the inauguration of the new CUT premises in Paphos

09:43 - 01 November 2023

Ch. Angastiniotis: Our country’s businesses know how to survive crises

The CCCI president was addressing the 10th KEBE Business Leader Awards

07:30 - 31 October 2023

Industrial production index up 3% in August

This is the fourth consecutive month of growth; the index increased 0.7% from the beginning of the year until August

14:31 - 30 October 2023

Deputy Minister of Shipping in Athens for Greece-Cyprus-Malta meeting

Hadjimanolis will also be meeting with the Greek shipping community to promote and support the Cypriot ship registry

11:22 - 30 October 2023

Theopemptou: Wide scope for Cyprus' renewable energy sector development

Environment Committee Chairman Charalambos Theopemptou was speaking at an EUFORES meeting in Sweden

07:57 - 30 October 2023

Economic sentiment indicator declines marginally in October

The ESI in October declined to 106 units in October, down by 0.5 units compared with the previous month

07:54 - 30 October 2023

Total fuel sales up by 1.8% in September as sales from pumps drop slightly

For the period of January – September 2023, the total sales of petroleum products recorded a marginal 0.1% increase

07:51 - 30 October 2023

€245 million to be given as grants to businesses by 2027, Minister says

The funds will be made available through targeted grant plans with an emphasis on absorbing European Funds

07:43 - 30 October 2023

Stefan Nolte: Cyprus in talks with Germany for energy cooperation

The President of the Cyprus Germany Business Association revealed the news in an interview with CBN

07:00 - 30 October 2023

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Economy

Cyprus risks losing Israel's market if the war continues, Tourism Minister says

Possible impact on cruises from regional crisis, says Cypriot official

GDP down, inflation up amid geopolitical uncertainty, UCy ERC projects

Banks and asset managers decide to extend freeze on foreclosures

Inaugurating new CUT facilities, President says education growth is a priority (pics)

McKinsey report: Cyprus ranks 6th in ability to enable foundation and scale-up of startups

Index of Industrial Output Prices records price drop in September

General Government surplus at €931.6 mln in first nine months 2023

Stefan Nolte: There is an increasing number of German companies coming to Cyprus

Eurostat estimates October inflation will drop to 3.3% in Cyprus

Zero VAT on basic products from 1 November

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