Slightly more than 17% of the population in Cyprus were in 2021 at risk of poverty or social exclusion. According to the results of the Survey on Income and Living Conditions 2021, with income...
Cypriot GDP increased by 6.1% during the second quarter of 2022 compared with same quarter the previous year, according to a flash estimate published by Eurostat, the statistical office of the...
18/08/2022
The Finance Ministry said it will prepare the 2023 state budget in two formats, in the context of the public service’s transition to the new management system Enterprise Resource Planning (ERP)....
17/08/2022
Cypriot bonds purchased by the ECB under the Public Sector Purchase Programme (PSPP) amounted to €4.29 billion in end-July as the ECB terminated net purchases under its Asset Purchases Programme....
16/08/2022
Cyprus public debt declined to €24.18 billion in the end of June 2022, marking a 3.10% reduction compared with the respective period of last year, according to the latest available data.Compared with...
12/08/2022
Debt restructurings in Cyprus declined to €545 million in the first half of 2022, with loan renegotiations slowing down following a record year due to the Covid-19 pandemic and as non-performing...
08/08/2022
Cyprus ranks 20th among 27 EU Member States in the 2022 edition of the Digital Economy and Society Index (DESI), moving up one place compared to 2021.According to a European Commission’s report, the...
29/07/2022
The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for a disbursement of €85 million in financial support...
28/07/2022
Economic sentiment improved in July, the University of Cyprus' Economic Research Centre said on Wednesday. In particular in its monthly bulletin, the research centre says that in July 2022, economic...
28/07/2022
Central Bank of Cyprus (CBC) downgraded by 0.9 percentage points its forecasts for GDP growth in 2022, due to the negative effects of the war in Ukraine and the sanctions against Russia.At the same...
25/07/2022