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...
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
The Industrial Turnover Index reached 180.1 points (base 2015=100) in December 2023, an increase of 0.3% compared to December 2022, the Cyprus Statistical Service (CyStat) said on Tuesday.For the...
05/03/2024
Cyprus economic growth is estimated at 2.5% in real terms in 2023. In current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus...
01/03/2024
Finance Minister Makis Keravnos assured on Friday that households and businesses would face no significant threats from the impending green taxation, based on economic analyses conducted by the...
01/03/2024
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%,...
01/03/2024
The European Investment Bank's (EIB) contribution in the Cyprus' economy was considerable, with €230 million disbursed in loans for public sector projects in 2023, with total project financing from...
01/03/2024
The European Investment Bank's (EIB) reply to the financingof the Cyprus-Greece-Israel Great Sea Interconnector project was a negative one, and no new financing request for the project has been...
29/02/2024