The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CyStat) indicate a surplus of 1% of GDP, which translates to €239.3 mn, for the period of...
The Fiscal Council of Cyprus announced that it has unanimously approved the estimates and forecasts of the Stability Program, which will be submitted to the Commission soon. It warns, however, that...
04/05/2022
Cyprus fiscal accounts in the last quarter of 2021 generated a surplus of €37.7 million compared with a deficit of €648 million in the respective period of 2020.According to preliminary data released...
02/05/2022
At the end of the fourth quarter of 2021, the government debt to GDP ratio in the euro area stood at 95.6%, compared with 97.5% at the end of the third quarter of 2021, according to data released by...
27/04/2022
Cyprus is expected to return to fiscal surpluses by 2024 while public debt will return to a downward trajectory, following the spike in 2020 during the COVID-19 pandemic, IMF said in its Fiscal...
21/04/2022
The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €235,4 mn (0,9% of GDP) for the period of January-February...
05/04/2022
Due to a significant increase of 16% in revenue the General Government's deficit shrank to €409.1 mn or 1.8% of GDP in 2021 compared to €1,212.8 mn (5.6% of GDP), preliminary fiscal results published...
01/03/2022
The continued high growth rate in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further...
15/02/2022
Cyprus remained the country with the highest stock of non-performing loans (assets) of general government in 2020, according to data released by Eurostat, the statistical office of the European...
01/02/2022
The financial support given to companies affected by the ongoing pandemic announced by the Ministry of Finance this week seems to be financially bearable without serious consequences on public...
28/01/2022