International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.“The Stable...
The Cyprus Composite Leading Economic Index (CCLEI) continues its downward trend in February 2024, according to the Economics Research Centre (CypERC) of the University of Cyprus, noting that the...
22/03/2024
The Cypriot economy will register a growth rate of 2.8% in 2024, the Central Bank of Cyprus (CBC) said on Friday, upgrading its December projection by 0.2%, citing more optimistic assumptions in...
22/03/2024
The Index of Industrial Output Prices for January 2024, declined by 2.9% in January 2024 compared to the same period in 2023, mainly due to the decline in the electricity supply sector.According to...
14/03/2024
The level of economic uncertainty in Cyprus fluctuated during the period December 2023 - February 2024, with a temporary increase noted in January, according to the Economics Research Centre (ERC) of...
14/03/2024
The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister...
12/03/2024
Cyprus will participate in the €19-billion project of electricity interconnection linking Cyprus, Greece and Israel, called “Great Sea Interconnector,” provided the conditions set out by the Cabinet...
07/03/2024
Institutional reforms are a key component of the current administration, the President of the Republic Nikos Christodoulides stressed on Tuesday evening, during his interview for the first year of...
06/03/2024
Issues concerning the electricity interconnection among Greece, Cyprus and Israel were discussed on Tuesday during a meeting of the Minister of Finance, Makis Keravnos, and the Chairman of the...
06/03/2024
President of the Republic, Nikos Christodoulides, referred on Tuesday to the most important policies that his administration promoted and implemented since assuming office a year ago stressing that "...
06/03/2024