FinMin welcomes newly-passed foreclosures framework

The Ministry said the debate around amendments to the foreclosures framework has now “been exhausted”

08:39 - 14 December 2023

Cyprus’ banks have second lowest deposit rates in EU

European Banking Authority report also showed that Cyprus had the EU's second highest return on equity at 26.3%

08:08 - 14 December 2023

Successful Cyprus business mission to New York

The aim was to highlight Cyprus as an international business hub and a gateway to Europe, the Middle East and …

07:10 - 14 December 2023

Updated "Aphrodite" gas field plan with FPU inclusion, Energy Minister says

A Floating Production Unit (FPU) above the gas field will be an essential plan of the new agreement

08:05 - 13 December 2023

Milestones from 2nd & 3rd tranche of NRRP completed, says Spokesman Letymbiotis

16 milestones of the National Recovery and Resilience Plan have been successfully completed

08:02 - 13 December 2023

Cyprus and France update double tax treaty

The update was deemed necessary in an effort to eradicate double taxation concerns

15:14 - 11 December 2023

EIMF introduces new Master Programme in Governance, Risk and Compliance

The main objective is to equip students with the necessary knowledge and skills to navigate regulatory landscapes

10:37 - 11 December 2023

Value of Cypriot bonds held by Eurosystem unchanged in November

The value of Cypriot bonds held by the Eurosystem remained unchanged at €6.75b in November

08:13 - 11 December 2023

President: Fitch rating a recognition of government planning

He said the revision came just hours after the House passed the bills containing a package of measures to tackle …

08:10 - 11 December 2023

President: Conditions met for second raft of RRF

With the help of Parliament, he said, the process can begin for the disbursement of the third instalment as well

07:40 - 11 December 2023

Fitch revises Cyprus’ outlook to positive, affirms ‘BBB’ rating

It cited economic resilience, fiscal surpluses with continued public debt reduction and improved banking sector metrics

07:31 - 11 December 2023

German President in Cyprus in February to discuss wind energy production

Deputy Chief of Mission of the German Embassy to Nicosia Dirk Roland Haupt revealed the news at the CGBA gala

07:00 - 09 December 2023

House Plenum approves government foreclosures package

The legislative framework surrounding foreclosures has entered a new phase

15:57 - 08 December 2023

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Economy

FinMin welcomes newly-passed foreclosures framework

Cyprus’ banks have second lowest deposit rates in EU

Successful Cyprus business mission to New York

Updated "Aphrodite" gas field plan with FPU inclusion, Energy Minister says

Milestones from 2nd & 3rd tranche of NRRP completed, says Spokesman Letymbiotis

We need to safeguard the economy’s upward trend, Finance Minister says

Energy Ministry expects Chevron proposals for “Aphrodite” by end-March

Digital euro will not be a threat to the role of banks, CBC Governor says

Government employment up by an annual 1.6% in November

Trade deficit rises by annual 15% in January – October 2023

President urges for more funding for migration in EU teleconference

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