Total employment up 1.3% y-o-y in Q3

In numbers, 481,321 persons were employed in Q3, of whom 431,870 employees and 49,451 self-employed

09:15 - 08 December 2023

Reducing administrative burden for renewables is welcomed by Cyprus

The Energy Ministry’s permanent secretary discusses Cyprus' stance on the proposed Net Zero Industry Act

09:04 - 08 December 2023

Papanastasiou: Positive results from Israel-Cyprus-Crete interconnector study

The Energy Minister said the government will announce its decision on whether to participate by end-January

07:51 - 08 December 2023

Inflation slows to 1.7% in November

It dropped from 3.5% the previous month, mainly driven by reductions in fuel prices

14:29 - 07 December 2023

Central government debt declines 5.6% to €22.5b in Q3

It fell from €1.33b from the previous quarter and by €1.24b (5.2%) compared with Q3 of 2022

12:23 - 07 December 2023

Registered unemployed down 17.3% in November

Unemployed persons in November 2023 stood at 11,808, showing a significant decrease from 13,857 in November 202

15:07 - 05 December 2023

Annual industrial turnover increases 6.7% in Jan-Sept

In September, the index marked steady annual growth of 0.6% (the same as September 2022), reaching 206.6 units

13:47 - 05 December 2023

Angastiniotis shares criticism, suggestions and concerns as he leaves CCCI helm

Christodoulos Angastiniotis made his final address as the president of the CCCI expressing concern and criticism

11:10 - 05 December 2023

Chevron requests extension of FEED commencement for “Aphrodite” gas field

NewMEd did not clarify the extension period requested by Chevron concerning the commencement of the FEED

10:12 - 05 December 2023

President: Zero tolerance to practices that expose Cyprus

"We are working on implementing actions that will restore Cyprus’ standing as a reliable business and financial centre”

09:13 - 05 December 2023

Commission aims for first Turkish Cypriot PDO Halloumi to be exported by June 2024

The EC has set a target for Halloumi produced in the Turkish Cypriot community to be exported through the Green …

08:50 - 05 December 2023

Mortgage rates up in October, as deposit rates drop further

Mortgage interest rates rose to 4.91%, while household fixed term deposits with one-year maturity fell to 1.58%

08:47 - 05 December 2023

Cyprus supports maritime security, Shipping Minister says in Brussels

The EU's Transport Council adopted general approaches on a package of four legislative proposals on maritime safety

08:43 - 05 December 2023

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Economy

Total employment up 1.3% y-o-y in Q3

Reducing administrative burden for renewables is welcomed by Cyprus

Papanastasiou: Positive results from Israel-Cyprus-Crete interconnector study

Inflation slows to 1.7% in November

Central government debt declines 5.6% to €22.5b in Q3

IATA: Historic 4.7 billion people expected to travel in 2024

Spokesman: Cyprus - Chevron updating "Aphrodite" plan

Barometer: Limassol companies less optimistic, and a lot more reserved, than six months ago

President to meet with Greek IPTO over EuroAsia

Tourism Minister and travel agents "cautiously optimistic" over 2024 prospects

Cyprus, Greece and UAE examine potential cooperation in EuroAsia Interconnector

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