The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated...
Economic sentiment in Cyprus deteriorated in September according to business and consumer survey results released by the Economics Research Centre of the University of Cyprus (CypERC), on Wednesday....
27/09/2023
In 2022, 24.7% (almost 20 million) of the children (aged less than 18 years) in the EU were at risk of poverty or social exclusion, according to data released by Eurostat, the statistical service of...
27/09/2023
The Council of Ministers approved on Wednesday the 2024 state budget estimated to record a fiscal surplus of €659 million or 2.2% of GDP, with the Minister of Finance Makis Keravnos stressing that...
27/09/2023
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA.Amid the global economic...
21/09/2023
President of the Republic, Nikos Christodoulides, expressed on Saturday his satisfaction over S&P's outlook review of Cyprus economy, which confirms the creditworthiness of the Republic of Cyprus...
04/09/2023
Standard and Poor's Global Ratings has upgraded the outlook of the Cypriot economy to positive from stable, due to the continuation of the macroeconomic normalization, while at the same time...
04/09/2023
The Cyprus Fiscal Council recommends the immediate initiation of planning to gradually tackle Government debt to the Social Insurance Fund. In a statement, it notes that the longstanding financing of...
01/09/2023
The preliminary General Government fiscal results indicate a surplus of €425.7 mn, equal to 1.5% of GDP for the period of January-July 2023, as compared to a surplus of €109.5 mn or 0.4% of GDP that...
01/09/2023
GDP growth rate in real terms during the second quarter of 2023 is positive and it is estimated at 2.1% over the corresponding quarter of 2022, according to a flash estimate by the Cyprus Statistical...
16/08/2023