Our next move will be a rate cut, Governor of Bank of Spain says during Cyprus visit

Pablo Hernandez de Cos is also a member of the European Central Bank's Governing Council

13:52 - 06 February 2024

Keravnos_Hernandez de Cos_Herodotou

MixCollage-06-Feb-2024-12-04-PM-4987

Cyprus Seeds Board sets the stage for future activities

It recently visited the Atsas Training Centre and was given a tour by the ARTES team

11:59 - 06 February 2024

MixCollage-06-Feb-2024-09-19-AM-5572

"Offshore Wind Energy in Cyprus and the Eastern Mediterranean Symposium" cancelled

It follows a decision by the President of Germany not to open the international symposium in Limassol

09:18 - 06 February 2024

MixCollage-06-Feb-2024-08-11-AM-6674

Registered unemployed drop 12.3% y-o-y in January

The number of registered unemployed persons on the last day of January reached 14,699, marking a decrease of 2,059

08:10 - 06 February 2024

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Competition watchdog greenlights Eurobank-Hellenic deal

Eurobank SA has submitted a €700m proposal to acquire a majority stake in Hellenic Bank

09:50 - 05 February 2024

Herodotou_Keravnos

CBC Governor expects interest rate cuts in 2024, barring unforeseen events

Constantinos Herodotou met with Finance Minister Makis Keravnos

15:29 - 01 February 2024

loan-and-deposit

Household deposit rates up, consumer credit down in December

The CBC said the interest rate on deposits increased to 2.29% compared with 2.01% in November

14:59 - 01 February 2024

Cyprus among countries paying their annual contribution to the UN budget in full

Cyprus, along with Malaysia and Poland, has been included in the UN's Honour Roll

09:49 - 01 February 2024

tourism_Cyprus_boat

Tourism revenue in first 11 months of 2023 surpasses 2019 record

Compared to the full year of 2019, Cyprus’ historic record, the tourist revenue marked an increase of 8.6%

08:26 - 01 February 2024

Economic sentiment improved in January 2024

The ERC notes that the ESI-CypERC increased by 2.3 points compared with December 2023

08:23 - 01 February 2024

production_industry

Industrial output prices decelerate in 2023 as inflation subsides

Industrial Output prices rose by 4.5% in 2023, marking a significant deceleration in price increases in the industry sector

08:21 - 01 February 2024

Private debt in Cyprus at 206% of GDP in Q3 2023

According to the CBC, since December 2016, household debt to GDP declined by 48% in Cyprus

08:17 - 01 February 2024

Theodosiou_Michaelidou

€6.6 million photovoltaic systems installed at 405 Cypriot schools

The project included the installation of PV systems, with a total power of 4.9 MW, thermal insulation and waterproofing

08:10 - 01 February 2024

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