Cyprus State Budget 2024: Surplus and higher expenditure

To be approved by the end of the year, the budget shows a fiscal surplus of 2.2% of GDP and …

07:44 - 06 October 2023

UAE Minister 'expresses interest over EastMed and natural gas infrastructure'

Cyprus' Energy, Commerce, and Industry Minister met with the UAE’s Minister of Investment in Abu Dhabi

16:00 - 05 October 2023

Discussion on rate cuts is premature, says ECB Vice President

Louis de Guindos sat down for an interview with the Cyprus News Agency

14:36 - 05 October 2023

Net new loans and renegotiations decreased in August

Renegotiated loans decreased to €318.7m in August from €369.5m in July; new loans were down by €71.2m

08:57 - 05 October 2023

CBC: Deposit rates slightly up in August

Lending rates increased only in consumer loans, with all other categories seeing a decline

08:38 - 05 October 2023

FinMin to deliver 2024 state budget to House President

The budget projects a surplus of €659m, development spending is up 12%, social benefits up 15%

08:57 - 04 October 2023

De Guindos to address Central Bank of Cyprus' 1st Annual Conference

The Vice-President of the European Central Bank will be the keynote speaker at this afternoon’s event

07:15 - 04 October 2023

Tomassini: How to future-proof the European Maritime Industry

Manuela Tomassini, Head of Sustainability and Technical Assistance at EMSA will be speaking at Maritime Cyprus 2023

07:09 - 04 October 2023

Revenue from tourism up 26.9% y-o-y in first seven months of this year

Tourism revenue was up every month of this year, when compared to the same month of 2022

13:24 - 03 October 2023

Real monthly earnings decline for first time in 7 years in 2022

The decline was brought on by high inflation, Cyprus' statistical service said

09:09 - 03 October 2023

Online bookings continue to rise in Cyprus

Bookings through online platforms like Airbnb and Booking.com and TripAdvisor continued to steadily rise in Q1

08:39 - 03 October 2023

Eurostat: Cyprus unemployment stable at 6.6%

The number of unemployed persons remained unchanged compared to July as well as August last year

08:02 - 03 October 2023

FinMin: Government considering new support measures

He said the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar

15:04 - 02 October 2023

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Economy

Cyprus State Budget 2024: Surplus and higher expenditure

UAE Minister 'expresses interest over EastMed and natural gas infrastructure'

Discussion on rate cuts is premature, says ECB Vice President

Net new loans and renegotiations decreased in August

CBC: Deposit rates slightly up in August

Major changes ahead for shipping, Dep. Minister says

UK “has no intention to begin directly importing products” from occupied Cyprus

Elena Damianou: Full digitalisation of investor procedures to be completed by end-2024

September’s registered unemployed at 15-year low

Latest positive ratings mark end of 2013 crisis, economists say

Luis de Guindos praises Cyprus’ economic progress

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