The Cypriot real GDP will expand by 2.4% this year, rating agency Morningstar DBRS has said revising marginally downwards its December 2023 projection of 2.5%.However, in its new baseline...
Finance Minister Makis Keravnos said on Tuesday that the government is in the process of reviewing and reflecting on targeted compensatory measures, as a result of the abolition of the reduction in...
26/03/2024
The Republic of Cyprus and the United States of America have announced a Justice System Cooperation in order to Enhance Cypriot Capabilities to Counter Illicit Finance.According to a Joint Press...
26/03/2024
The Central Bank of Cyprus (CBC) publishes short educational videos, aiming to raise public awareness and promote financial literacy, in the context of the annual Global Money Week 2024 campaign,...
26/03/2024
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions a non-...
26/03/2024
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...
26/03/2024
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