Ministries presenting flagship actions for 2025 state budget

Government Spokesman Konstantinos Letymbiotis said the goal was for the budget to capture the President's vision

07:56 - 15 July 2024

Invest Cyprus participates in 'Cyprus as a Destination of Opportunities for Indian Businesses' webinar

It presented the benefits of Cyprus as a business and investment destination for Indian companies and investor

07:11 - 13 July 2024

House approves €8.4m supplementary budget for Larnaca port

The funds will go to the Cyprus Ports Authority to pay compensations following termination of the Kition contract

09:35 - 12 July 2024

Minister receives electricity interconnection study, agencies to give their positions in two months

George Papanastasiou said the preliminary views of the agencies that will assess the study will be given in two months

08:14 - 12 July 2024

Government employment up 4.8% in H1

In June 2024, total government employment reached 54,153 persons

08:08 - 12 July 2024

Inflation drops in first half of 2024 compared to previous semester

The Consumer Price Index, excluding consumption tax increases, reached 112.41 points from January - June 2024

08:09 - 10 July 2024

CBC officials present advantages of the digital euro

Central Bank Governor Christodoulos Patsalides noted that the Eurosystem is considering launching a digital currency

08:07 - 10 July 2024

Employment in the broad industrial sector records 3% annual increase in 2022

Employment in the broad industrial sector increased in 2022 by 3% to 42,100 according to CySTAT's findings

07:58 - 10 July 2024

EAC should have the ability to offer low electricity prices, Energy Minister says

Papanastasiou also announced the arrival to Cyprus of competitive electricity markets was anticipated in July 2025

07:55 - 10 July 2024

IPTO to present new data on Great Sea Interconnector to Cyprus Regulatory Authority

The Independent Power Transmission Operator of Greece (IPTO) has been invited to RAEK on Monday, 15 July

07:46 - 10 July 2024

Papanastasiou: The contract with CPP for the terminal is terminated as soon as ‘Prometheus’ is delivered to Cyprus

The Energy Minister made the announcement in Parliament, during a session of the House Trade Committee

11:51 - 09 July 2024

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Industry-leading companies sponsoring FIBA EuroBasket 2025

Cyprus will be hosting the biggest basketball event in Europe in August 2025

10:29 - 09 July 2024

Agriculture Minister announces new decree on milk quota for PDO Halloumi

Minister Maria Panayiotou also announced financial measures and tools to support the sector

07:50 - 09 July 2024

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Economy

Ministries presenting flagship actions for 2025 state budget

Invest Cyprus participates in 'Cyprus as a Destination of Opportunities for Indian Businesses' webinar

House approves €8.4m supplementary budget for Larnaca port

Minister receives electricity interconnection study, agencies to give their positions in two months

Government employment up 4.8% in H1

ACTE: Revenue from tourism reduced taking inflation into account

Official data show increase of economic activity in all sectors in 2022

Seasonality leading to €25m loss this year, PASYXE President estimates

Moody's upgrades Bank of Cyprus' long-term deposit ratings to Baa1

Commissioner Urpilainen: “Global Gateway and working together as Team Europe can open doors for smaller Member States"

Trade deficit widens in May, declines over five months amid decreased exports

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