Shipping industry has proven to be resilient and remains competitive offering the biggest benefits to the Cyprus economy, Deputy Minister for shipping Vasilios Demetriades has said.Speaking before...
Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and...
With a budget, increased by 40%, which has the potential to increase even further, and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic...
Cyprus aims at attracting more than two million tourist arrivals this year, Deputy Minister for Tourism Savvas Perdios has said.In statements following a meeting of the parliamentary committee of...
The European Union has made significant progress towards the Sustainable Development Goals (SDGs) in certain areas, according to statistical analysis report released by Eurostat titled “Sustainable...
Lebanese banks’ branches operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the...
Cyprus President Nicos Anastasiades has reiterated that EU sanctions on Russia should not have bigger repercussions on EU member states than on Russia itself. The President took part in a...
A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in...
Τhe number of investment funds increased from 257 in December 2021 to 273 in March 2022, according to the Investment Funds statistics for the reference month of March 2022, the Central Bank of Cyprus...
The phenomenon of rising prices is expected to be temporary, as estimated by DBRS, stressing, however, that inflation in Cyprus is expected to remain high for this year, over 4.0%.DBRS Morningstar...