Energy companies express commitment to Eastern Med natural gas prospects

Representatives of Chevron, Shell, ENI Cyprus, ExxonMobil, Total Energies and Energean have commented

08:36 - 29 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

Group of Qatari investment funds to visit Cyprus

The aim is to explore potential for investment in infrastructure, energy and tourism

13:56 - 27 November 2023

Minister: State budget provides for €11.2 million for aerial firefighting means

With these funds the government aims to modernise both the firefighting means on the ground as well as in the …

08:06 - 27 November 2023

Government to launch Mortgage-to-Rent scheme on 4 December

Under this new scheme, eligible borrowers will transfer ownership of the house to KEDIPES but have the right to repurchase …

07:54 - 27 November 2023

Eurostat: Cyprus household consumption spending rose 11.8% in 2022

The indicator had dropped by 15.9% in 2020 due to the pandemic, but started increasing again in 2021 (by 13.6%)

11:03 - 24 November 2023

Keravnos: CoLA/minimum wage review to take fiscal discipline into account

The Finance Minister convened his first Advisory Economic Committee meeting since taking office

09:19 - 24 November 2023

Tourism Minister points out need to make adaptation plans for climate change

Kostas Koumis recently participated in the Mediterranean Tourism Ministers’ Forum in Valetta, Malta

09:04 - 24 November 2023

Minister receives EuroAsia Interconnection draft study, decision in December

The EuroAsia Interconnector aims to connect the electricity grids of Cyprus, Israel, and Greece (via Crete)

08:55 - 24 November 2023

Invest Cyprus hosts event to boost US-Cyprus ties

Key Attendees included US Ambassador Julie Fisher and Deputy Minister to the President Irene Piki

11:30 - 23 November 2023

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Economy

Energy companies express commitment to Eastern Med natural gas prospects

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

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

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

Cyprus in EU discussion ahead of WTO ministerial conference

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

Annual decline of 1.3% in petroleum product sales in October

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

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

FinMin in Brussels to take part in GAC meeting on the future of Cohesion Policy

Deadline on discussions with Chevron over "Aphrodite" gas field extended to December 1

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