Growth this year will be set back by the fallout from the war in Ukraine and, with a partial recovery in exports and private consumption, is forecast at around 2 percent a press release by IMF says...
A set of measures to offset the impact of the new global economic crisis due to the Russian invasion of Ukraine is to be submitted to the Council of Ministers next week for approval, Cyprus'...
20/05/2022
Cyprus is among those countries that have taken the most drastic measures due to rising prices, Minister of Finance Constantinos Petrides told journalists on Thursday after the Famagusta Business...
12/05/2022
The cost of EU sanctions against Russia should not be greater on the economies of member states than on the Russian economy, Cyprus President, Nicos Anastasiades, stressed on Wednesday, noting that...
11/05/2022
Cyprus' services sector cannot be further affected by European sanctions against Russia, Foreign Minister Ioannis Kasoulides said on Sunday, adding that sanctions cannot have a more negative impact...
09/05/2022
Greece and Cyprus face common challenges and share a common direction for their solution said the Minister of Finance, Konstantinos Petrides, addressing the first Cyprus-Greece business Summit."...
09/05/2022
The University of Cyprus Economic Research Centre (ERC) downgraded its projection for Cyprus growth in 2022 due to the impact of the Russian invasion of Ukraine, warning over a potential...
04/05/2022
EU and Cyprus economies are facing the “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, a conference held by the Nicosia...
03/05/2022
Economic growth in Cyprus will slow down to 2.1% in 2022 with inflation spiking to 5.3% this year due to the impact of the Russian invasion of Ukraine and western sanctions against Russia which lead...
19/04/2022
Currently around 6.000 Ukrainian nationals, among those who have arrived in the Republic of Cyprus, are seeking protection, Interior Minister Nicos Nouris said on Tuesday.Nouris was speaking after a...
13/04/2022