The Investment Fund of the United Arab Emirates (TAQA) has expressed interest in investing in the Great Sea Interconnector project, as well as in a number of other investment opportunities that are...
The Minister of Finance has welcomed today's announcement by the European Commission regarding the payment to Cyprus of 20.9 million euro from the Recovery and Resilience Mechanism, as pre-financing ...
26/01/2024
The European Commission announced on Thursday the payment of 20.9 million euro in grants, as pre-financing linked to the REPowerEU funds under the Recovery and Resilience Facility, which will go...
26/01/2024
The year-over-year growth rate of the Cyprus Composite Leading Economic Index (CCLEI), constructed by the Economics Research Centre (ERC) of the University of Cyprus, remains positive, albeit...
23/01/2024
The annual inflation rate in Cyprus stood at 1.9% in December 2023, down from 2.4% in November, while a year earlier, in December 2022, it stood at 7.6%, according to the latest figures released by...
18/01/2024
EU Finance Ministers, including Cypriot Minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and...
17/01/2024
Tensions in the Red Sea trade route pose risks for inflationary pressures but no projections can be made for the impact as developments are ongoing, Finance Minister Makis Keravnos told CNA from...
16/01/2024
Minister of Finance Makis Keravnos is in Brussels to take part on Monday in the meetings of the Eurogroup and the EU Finance Ministers Council (ECOFIN).According to a press release by the Ministry of...
15/01/2024
An increase to 77% was recorded at the end of November 2023 on the implementation of the state budget in relation to expenditure compared to the corresponding period last year (2022: 73%). According...
12/01/2024
The Industrial Turnover Index for October 2023 displayed robust growth, with an annual change of 9.1%, reaching 195.5 units (base 2015=100), according to the latest data by the Statistical Service of...
08/01/2024