Inflation fell to a four-month low to 1.6% in December 2023

The number was within the target set by the European Central Bank for inflation below 2%

07:45 - 05 January 2024

CSC's Kazakos sounds the alarm over Houthi pirate threat to the global supply chain

The Director General of the Cyprus Shipping Chamber, Thomas Kazakos, says countries' economies are being impacted

13:27 - 04 January 2024

Halloumi cheese production as PDO uncertain ahead of producers' meeting with Christodoulides

Cheesemakers will cease operations from 10 January to protest a decree increasing the goat and sheep milk ratio

07:58 - 04 January 2024

Economic sentiment in Cyprus deteriorated in December 2023 says CypERC

The decrease was driven by weaker business confidence primarily in services and, to a lesser degree, in construction

07:30 - 04 January 2024

Top recognition for Cyprus ESG bond from Global Capital - "Cyprus stole the show"

London-based international capital market expert Global Capital has recognised Cyprus’ first ESG bond issue

14:42 - 03 January 2024

New minimum 15% taxation rate for multinationals in EU comes into force

The new framework aims to bring greater fairness and stability to the tax landscape in the EU

07:45 - 03 January 2024

New EU rules to combat cross-border VAT fraud, particularly online, enter into force

The new rules provide EU member tax administrations with payment information to detect VAT fraud more easily

07:39 - 03 January 2024

Passenger traffic rebounds in 2023, breaking 2019 record

During 2023, a total of 157 routes were offered by 56 airlines, providing connectivity between Cyprus and 39 countries

07:38 - 02 January 2024

Industrial output prices marginally up in November

The Index for November 2023 recorded an increase of just 0.2% compared to October 2023

16:25 - 29 December 2023

Cyprus Bourse had a satisfactory year, CSE Chairman says

Marinos Christodoulides, Chairman of the CSE Council, made a statement on the Cypriot stock market in 2023

16:19 - 29 December 2023

General Government surplus at 3.4% of GDP in Jan-Nov '23

In January-November of 2022, there was a surplus of €636.8m (2.3% of GDP)

15:16 - 29 December 2023

Cyprus in Greek list of states with preferential tax status since 2014 says FinMin

The Ministry was reacting to a series of media reports concerning Cyprus' place on the list

14:38 - 29 December 2023

Commission disburses payments to six Member States under RRF

The payments are performance-based and were made to Germany, Greece, Italy, Portugal, Slovakia and Slovenia

12:06 - 29 December 2023

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Economy

Inflation fell to a four-month low to 1.6% in December 2023

CSC's Kazakos sounds the alarm over Houthi pirate threat to the global supply chain

Halloumi cheese production as PDO uncertain ahead of producers' meeting with Christodoulides

Economic sentiment in Cyprus deteriorated in December 2023 says CypERC

Top recognition for Cyprus ESG bond from Global Capital - "Cyprus stole the show"

International rating agencies announce Cyprus’ credit ratings milestones for 2024

Paphos hotel occupancy at 35% - 40% in December 2023

Tassos Yiasemides: Economic challenges to intensify in 2024

Kissonerga: First substantial step taken towards creation of marina

Rise in value and volume of retail trade in November 2023

Deposits and loans in Cypriot banks increase in November 2023

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