Greece and Cyprus face common challenges and share a common direction for their solution said the Minister of Finance, Konstantinos Petrides, addressing the first Cyprus-Greece business Summit."...
The Ministry of Finance has requested from Parliament the approval of a supplementary budget totalling €102.1 million due to the continuation of the coronavirus pandemic and the situation created by ...
In April 2022, inflation was 8.8% in Cyprus. The Consumer Price Index increased by 2.58 units and reached 110.36 units compared to 107.78 units in March 2022, according to data published by Cyprus...
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, Finance Minister Constantinos Petrides has...
The University of Cyprus Economic Research Centre (ERC) downgraded its projection for Cyprus growth in 2022 due to the impact of the Russian invasion of Ukraine, warning over a potential...
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on...
EU and Cyprus economies are facing the “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, a conference held by the Nicosia...
Industrial Production Index reached 124.9 units (base 2015 = 100) in February 2022, recording an increase of 3.4% compared to February 2021. For the period January - February 2022, the index recorded...
Cyprus announced on Wednesday new relaxations of the measures against the spread of COVID-19, starting from Good Friday, including the suspension of the SafePass measure in external areas of...
Minister of Finance Constantinos Petrides said Tuesday that the best way to address inflation is not by imposing additional taxes but investing in growth.The Minister, who was replying to questions...