Total sales of petroleum products up by 5.4% in June

A drop was observed in the provisions of marine gasoil, kerosene and light fuel oil

16:15 - 27 July 2023

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China and Cyprus forge closer tourism ties through tourism promotion webinar

The webinar saw the participation of over 20 attendees from delegations representing both countries

14:36 - 27 July 2023

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Cypriot products at "Regal Branchentreff 2023"

Halloumi, commandaria and zivania were among the products showcased at the Vienna exhibition

08:24 - 27 July 2023

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June bank deposits rise sharply, loans up as well

Total deposits recorded a net increase of €399.2m, compared with €164.8m in May

07:47 - 27 July 2023

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Efforts to improve Cyprus' air connectivity continue; US connection progresses

Anticipated delay in US connection while progress has been made for direct Uzbekistan and Kazakhstan flights

07:17 - 27 July 2023

Minimum wage in Cyprus about halfway in EU ranking

The minimum wage in Cyprus is €940 per month compared to €2,508 in Luxembourg and €399 in Bulgaria

07:56 - 25 July 2023

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The car brands dominating the first half of 2023

Used saloons still dominate with 57% compared to 43% occupied by new saloon car registrations

08:08 - 24 July 2023

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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

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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

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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

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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

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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

Cabinet approves double taxation avoidance agreement with Oman

The agreement is based on the OECD model of double taxation agreement and the UN model

15:30 - 19 July 2023

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