Minister of Finance Constantinos Petrides will participate in the Eurogroup and the EU Economic and Financial Affairs Council (Ecofin) deliberations that will take place in Brussels on Monday and...
The European Commission announced the disbursement of a first tranche of 85 million euro from the Recovery and Resilience Mechanism for Cyprus.The decision comes after the fulfilment of 14 agreed...
05/12/2022
Taking into account the funds of the Recovery and Resilience Plan and the Political Cohesion Fund, as well as the additional private investments that will result from the implementation of the...
02/12/2022
Cyprus got on Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism. As European Commission technocrats told Cyprus' Parliamentary Committee on Finance, the...
02/12/2022
Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union.According to...
01/12/2022
The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety. Along with Cyprus, the Commission...
30/11/2022
The European Commission has approved a 100 million euro Cypriot scheme to support companies and self-employed persons affected by the coronavirus pandemic, under the European Union’s State aid COVID...
29/11/2022
In 2021, the labour market slack, which comprises all people who have an unmet need for employment, amounted to 15.0% of the extended labour force among people aged 15 to 74 years in Cyprus and to 14...
25/11/2022
Cyprus has made some progress in improving its level of compliance with Financial Action Task Force (FATF) standards on combatting money laundering and the financing of terrorism, but moderate...
25/11/2022
The European Commission has approved a 7.75 million euro Cypriot scheme to help some agricultural producers through direct grants, in order to deal with the side effects of Russia's invasion of...
23/11/2022