The Cyprus Composite Leading Economic Index (CCLEI, exhibited a Year-over-Year (YoY) decrease of 0.2% in February 2020, reaching a level of 113.1, following a decrease of 1.1% in January, and 2.3% in...
Policy reforms towards improved legal and institutional environment are crucial to the performance of the backbone sectors, according to the productivity analysis released today by the University of...
31/03/2020
Cypriot bond yields in secondary markets returned on a downward path, following the recent market volatility due to investor fears as a result of the coronavirus pandemic.The decline is mainly...
27/03/2020
Economic sentiment in Cyprus deteriorated markedly in March 2020, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 12.1 points compared with February 2020, reflecting the initial impact...
27/03/2020
The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large...
24/03/2020
Cyprus’ Finance Ministry is working to finalise a revised economic support package which will amount to at least €1.5 billion, approximately 7% of GDP, reliable sources told CNA.Last week Finance...
23/03/2020
Industrial Turnover Index for the period January – December 2019, showed an increase of 7.5% compared to the corresponding period of the previous year.According to data released by the Statistical...
20/03/2020
Cyprus local authorities, businesses, NGOs and other bodies have stepped up their effort to contain the coronavirus outbreak, with the postponement of events, the closure of archaeological sites and...
20/03/2020
The government submitted today a complementary budget amounting to €302 million with a fiscal impact of 1.3% of GDP, as part of a €700 million economic package to alleviate consequences on the...
20/03/2020
Finance Minister Constantinos Petrides expressed hope on Thursday that the House will pass unanimously early next week the economic package of measures, aiming to offset the effects of the...
20/03/2020