In 2022, for 20.1% of enterprises in Cyprus (19.7% of EU enterprises), the e-commerce sales reached at least 1% of their total turnover, which was 3 percentage points higher (+0.7 pp in the EU)...
Real GDP grew in all regions of the European Union in 2021 compared to 2020 except in three located in Belgium, France and Austria, according to data released by Eurostat, the statistical service of...
Cypriot bonds held by the Eurosystem in the context of the Public Sector Purchases Programme (PSPP) and the Pandemice Emergency Purchases Programme (PEPP) exceeded €7 billion in January 2023.On the...
The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8% compared with the previous quarter), while estimates for Cyprus show a decrease...
In the third quarter of 2022, there were 3.5 million recent job leavers in the EU between the age of 25 and 54, of which more than two-thirds (68.9%) had left their job for labour market reasons,...
The European Union has donated €2.6 million to Committee on Missing Persons in Cyprus (CMP).CMP expressed in a press release its deep appreciation to the EU for its financial contribution which was...
The European Commission has sent Cyprus a letter of formal notice calling on the country to correctly transpose EU rules on the safety of offshore oil and gas operations, as part of its regular...
The winter economic forecast published Monday by the European Commission shows the resilience of the Cypriot economy, says the Finance Ministry, adding that for 2023 Cyprus is among the top four Euro...
The European Union’s economy is set to avoid recession in 2023, but headwinds to development persist, according to the European Commission’s Winter interim Forecast which was presented in Brussels on...
President of France Emmanuel Macron sent a congratulatory message to newly elected President of the Republic Nikos Christodoulides on Monday morning.In a Facebook post in Greek, Macron congratulated...