The European Commission has sent a letter of formal notice to Cyprus calling on the country to implement a 2020 ruling of the Court of Justice of the European Union concerning the insufficient...
The annual inflation rate in Cyprus was 6.1% in March 2023, down from 6.7 in February, according to data published by Eurostat, the statistical office of the European Union. Meanwhile, the euro area...
The Bank of Cyprus, is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its...
Cyprus was one of five member states where commercial flights recovered as well as increased in March 2023 compared with March 2019 and pre pandemic levels according to updated data released by...
In February 2023, the seasonally adjusted volume of retail trade increased by 1.6% in Cyprus compared with January 2023, and by 8.3% compared with February 2022, according to estimates from Eurostat...
Philip R. Lane, member of the Executive Board and Chief Economist of the European Central Bank (ECB), said he is pleased to witness the significant progress of the Cypriot economy.He was speaking...
In February 2023, industrial producer prices increased by 0.3% in Cyprus, and fell by 0.5% in the euro area and by 0.6% in the EU, compared with January 2023, according to estimates from Eurostat,...
In the fourth quarter of 2022, house prices in Cyprus increased by 4.4% compared to the same quarter last year, but dropped by 4.0% compared to the third quarter, according to data published by...
Member of the ECB's Executive Board, Philip Lane will pay a two-day visit to Cyprus, following an invitation from the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou.CNA has...
President of the Republic, Nikos Christodoulides will receive on Tuesday in Nicosia Spanish Prime Minister Pedro Sanchez, whom he will brief on his proposal for a more active involvement of the EU in...