No developments concerning EU - Turkey Customs Union, Commission official says

The official also prompted Cyprus to adopt a draft legislation over the screening of Foreign Direct Investments from third-countries

07:49 - 07 March 2024

How the Cyprus Equity Fund will stitch the elements of the island’s startup ecosystem together

The two founders of venture capital firm 33East, Demetrios Zoppos and Yiannis Eftychiou, talk about the initiative having been selected …

07:14 - 07 March 2024

Papanastasiou: Plan B for the terminal, a ‘divorce’ from the Chinese consortium has not been ruled out

The alternative plan is being created amid disagreements involving the project and related delays

12:55 - 06 March 2024

Tourists with a deep wallet-The big spenders of 2023

The highest per capita expenditure during the past year was for tourists from Germany who spent an average of €869.24

10:14 - 06 March 2024

FinMin discusses Greece-Cyprus-Israel electricity interconnection with IPTO

Finance Minister Makis Keravnos met with the Chairman of IPTO Manousos Manousakis

07:50 - 06 March 2024

Shipping Deputy Minister to visit Athens and Brussels

Marina Hadjimanolis will mark the Registry of Cyprus Ships anniversary and attend the Brussels Conference on the Wellbeing of Seafarers

12:36 - 04 March 2024

Transport Minister and EIB official discuss projects' financing

By recognising the particularities of an island-state, the EIB has a positive view of continuing financing roads and ports

07:47 - 04 March 2024

Cyprus economic growth for 2023 estimated at 2.5%

The analysis of GDP using the production approach highlights key sectors contributing to this growth

15:36 - 01 March 2024

CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026

Governor Herodotou said "the implementation of reforms and the emphasis on sustainable growth are key factors

08:31 - 01 March 2024

Tourism revenue up 29% in December y-o-y

It reached €74.3m in December 2023 compared to €57.6m in the corresponding month of the previous year

08:02 - 01 March 2024

EIB's Kakouris: No new financing request for Great Sea Interconnector

The government said it intends to participate in the project with €100m, but a due diligence report is pending

07:42 - 01 March 2024

Central Banks of Cyprus and Greece to sign Memorandum of Cooperation

Relations between the Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) are expected to enter a new …

15:01 - 29 February 2024

Cyprus receives greater EIB support in 2023, with heavy focus on green investments

Cyprus gained financial commitments last year from the EIB Group totalling €257 million, up from €250 million in 2022

14:42 - 29 February 2024

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Economy

No developments concerning EU - Turkey Customs Union, Commission official says

How the Cyprus Equity Fund will stitch the elements of the island’s startup ecosystem together

Papanastasiou: Plan B for the terminal, a ‘divorce’ from the Chinese consortium has not been ruled out

Tourists with a deep wallet-The big spenders of 2023

FinMin discusses Greece-Cyprus-Israel electricity interconnection with IPTO

Industrial turnover in December 2023 up annually by 0.3%

Registered unemployed down 13.8% in February, on annual basis

Tourism Minister in Germany for ITB Berlin 2024

Cyprus proposes a “solar bank” to finance solar industry in the EU

New lending in January jumps by 47% driven by large corporate loans

Deposit rates drop in January as lending rates rise, barring consumer credit

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