We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

The Ministry's actual expenditure amounted to about €435 million, Minister Maria Panayiotou also noted

08:21 - 03 April 2024

Cyprus government to request cost-benefit study for Great Sea Interconnector

He said previous studies have been done, however the energy environment is changing

08:20 - 03 April 2024

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

The EU’s accommodation and food service sector employed 9.9 million people

08:17 - 03 April 2024

Average gross monthly earnings up 6.2% annually in Q4, 2023

The average gross monthly earnings during the fourth quarter of 2023, seasonally adjusted, are estimated at €2,402

08:15 - 03 April 2024

‘Aphrodite’ development and production proposal submitted to government

The Chevron Cyprus Limited, NewMed Energy Limited Partnership and BG Cyprus Limited consortium has submitted its proposal

13:15 - 02 April 2024

President calls for acceleration of tax reform

Christodoulides has asked the Advisory Committee for Tax Reform to speed up the completion of the reform

14:05 - 28 March 2024

Cabinet convening to extend targeted support measures

According to CNA sources, the government will not renew the zero excise tax on fuels which expires at the end …

10:29 - 28 March 2024

FinMin welcomes Commission’s In-Depth review on Cyprus

The review, among other things, said that the Cypriot economy is on a sound footing due to solid economic growth

07:57 - 28 March 2024

State budget deficit up by €80 million in 2023

Specifically, the final state budget deficit for 2023 amounted to €0.98 billion compared to €0.90 billion in 2022

07:54 - 28 March 2024

Cyprus and Israel Energy Ministers agree to promote joint energy projects

George Papanastasiou and Eli Cohen discussed the issue of cooperation in the field of energy, which holds great potential for …

07:49 - 28 March 2024

EU to support establishment of asset management office in Cyprus

The European Union has said it will support a series of reform support projects on the island

07:45 - 28 March 2024

Cyprus is an important destination for investments says Estonian President

Efforts are underway to strengthen bilateral relations and the development of cooperation between Cypriot and Estonian companies

07:37 - 28 March 2024

Morningstar DBRS: Cyprus GDP to grow by 2.4% in 2024

Even though its forecast dropped from a previous 2.5%, its projection for 2025 has gone up from 2% to 2.4%

14:31 - 27 March 2024

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Economy

We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

Cyprus government to request cost-benefit study for Great Sea Interconnector

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

Average gross monthly earnings up 6.2% annually in Q4, 2023

‘Aphrodite’ development and production proposal submitted to government

CI revises οutlook on Cyprus’ Long-Term Foreign Currency rating to positive

Bank deposits and loans record sharp increase in February

Hadjimanolis: Cypriot-flagged ships increased 5.5% in past six months

Industrial production up 4.2% in January

KEDIPES to pay the state €140m in Q1

€35.3 m support measures announced – Who benefits and by how much

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