Economic sentiment in Cyprus improves slightly in March

Economic sentiment in Cyprus improved slightly in March, as the Economic Sentiment Indicator increased by 0.2 points compared with February …

08:44 - 30 March 2023

CySEC: AUM of Collective Investments for the 4th quarter of 2022 reached €9.5bn

Management Companies and Undertakings of Collective Investments (UCIs) under supervision remained stable, according to CySEC

13:05 - 29 March 2023

Minister of Finance says financial economic policy will be in line with strict fiscal discipline

Minister of Finance, Makis Keravnos expressed the government's intention to implement an economic policy of strict fiscal discipline and financial …

11:40 - 29 March 2023

Special forms of tourism at meeting between Tourism Deputy Minister and German Ambassador

Special forms of tourism and the preferences of German citizens were discussed by Deputy Minister of Tourism Costas Koumis, and …

09:42 - 29 March 2023

Finance Ministry stresses importance of stable legislation for out of court auctions in tandem with insolvency framework

The Finance Ministry wants stable legislation regulating out of court auctions, in tandem with an effective insolvency framework in order …

08:18 - 29 March 2023

Sales of petroleum products down 7% y-o-y in February

Total sales of petroleum products recorded an annual decrease of 7% to 107,779 tonnes this February

14:58 - 27 March 2023

Initiatives on NPLs aim also to deal with a possible increase, says CBC

CBC initiatives on NPLs aim to ensure that the Cyprus banking system will be ready to deal with not only …

14:14 - 27 March 2023

Saudi National Bank chair resigns, days after Credit Suisse comments sparked sell-off

Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of …

14:02 - 27 March 2023

Dickran Ouzounian: Delays, shortages and interest rates have put the brakes on the motor industry

Shortages, interest rate policies, inflationary pressures on technology and shipping, and delivery delays are the factors plaguing the global and …

10:24 - 27 March 2023

Larnaca Chamber of Commerce and Industry aims to make the city an attractive investment destination

The broader objective of the LCCI is to make Larnaca a qualitative investment destination

07:48 - 27 March 2023

Cyprus is ideally positioned to develop into a regional logistics hub

At a time when companies around the world are redesigning their supply chains, Cyprus, located at the crossroads of three …

07:30 - 25 March 2023

NPLs down to 9.5% of total loans at end 2022

At the end of 2022 total loans amounted to €24.4 billion, down from €27 billion at the end of 2021

16:26 - 24 March 2023

Plenty of exciting job opportunities at City of Dreams Mediterranean

With Melco Cyprus planning to employ another 2,500 people ahead of the grand opening of City of Dreams Mediterranean in …

14:09 - 24 March 2023

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Economy

Economic sentiment in Cyprus improves slightly in March

CySEC: AUM of Collective Investments for the 4th quarter of 2022 reached €9.5bn

Minister of Finance says financial economic policy will be in line with strict fiscal discipline

Special forms of tourism at meeting between Tourism Deputy Minister and German Ambassador

Finance Ministry stresses importance of stable legislation for out of court auctions in tandem with insolvency framework

State Aid Control Commissioner expects Halloumi support plan from Agriculture Ministry

Energy Minister: Potential for regional cooperation in hydrogen transport in the Eastern Mediterranean

CBC adopts climate-related risk considerations and SRI strategies

Deposits in Cyprus banks up by €357.1 million in February

FinMin calls on banks to promote loan restructurings, maintain low interest rates and charges

Cyprus wants sustainable bond investors

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