Flying high: Cyprus topping the list in air connectivity recovery

Cyprus has taken first place among the European countries in terms of the greatest recovery in air connectivity

07:54 - 24 July 2023

DBRS confirms ESM and EFSF long-term issuer ratings at AAA, with stable trend

ECB policy rate increases have been accompanied by a moderate divergence in financing costs for Euro area governments

07:48 - 24 July 2023

Annual impact of Turkey's economic embargo on RoC at 1% of Cyprus GDP

The biggest economic impact from the embargo imposed by Turkey, was on the shipping sector

07:46 - 24 July 2023

June harmonised inflation drops to near 2-year low

According Cystat, the Harmonised Index of Consumer Prices (HICP) rose by 2.8% between June 2022 and June 2023

08:31 - 20 July 2023

Energy Minister: Government is evaluating EuroAsia Interconnector

Giorgos Papanastasiou also said the cost of the Cyprus-Greece-Israel electrical interconnection project has risen 23%

08:15 - 20 July 2023

The supermarket products with the largest price increases

The Consumer Protection Agency's Consumer Staples Watch also recorded price decreases

12:46 - 18 July 2023

Electricity storage a goal for the next 24 months says Minister of Energy

Papanastasiou noted that the energy system of Cyprus is undergoing complete restructuring

10:25 - 18 July 2023

Tourist arrivals in Cyprus soar by 22.7% in June 2023

According to the latest data released by CySTAT, a total of 456,985 visitors visited the island during June

07:52 - 18 July 2023

Digital "One-Stop-Shop" platform for renewable energy projects available online

Aiming to facilitate investors by reducing bureaucracy and time needed for the licensing of renewable energy projects,

07:44 - 18 July 2023

CERA Chairman: How to end Cyprus’ energy isolation

Dr. Andreas Poullikkas discusses ways to transform Cyprus into a model green country by 2050

08:47 - 17 July 2023

Parliament votes against two bills on borrowers’ rights

The 13 July session was the last plenary dealing with pending legislative matters before summer recess

10:13 - 14 July 2023

Parliament approves improvement of State mechanisms for attracting strategic investments

The aim is to support, attract and directly promote projects that will contribute to the economy, and more

09:09 - 14 July 2023

De minimis state aid of €113 million was given in 2022, €71m so far in 2023

Of the state authorities, the Department of Labour registered the most in terms of state aid at €32 million

08:03 - 14 July 2023

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Economy

Flying high: Cyprus topping the list in air connectivity recovery

DBRS confirms ESM and EFSF long-term issuer ratings at AAA, with stable trend

Annual impact of Turkey's economic embargo on RoC at 1% of Cyprus GDP

June harmonised inflation drops to near 2-year low

Energy Minister: Government is evaluating EuroAsia Interconnector

Cabinet approves double taxation avoidance agreement with Oman

Cyprus economy is on a good track, says Finance Minister

Fiscal Council notes delays in implementing RRP commitments

Composite Leading Economic Index up 2.1% in June

Construction materials prices up by 5.78% in first half of 2023

NPLs in Cyprus banking system remain broadly unchanged in April

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