London-based Global Capital described Cyprus’ €1-billion inaugural ESG bond (4.125%) issued in April 2023 as the Sovereign-Supranational-Agency (SSA) Environmental/Social/Governance (ESG) Bond of the...
International rating agencies have announced the dates for Cyprus’ long-term credit rating assessment in 2024 with two agencies, namely Standard and Poor’s and Fitch placing the economy’s rating on...
03/01/2024
The Index of Industrial Output Prices for November 2023 reached 138.3 units (base 2015=100), recording an increase of just 0.2% compared to October 2023. Compared to the corresponding month of the...
29/12/2023
Cyprus has been in the list of states with preferential tax status of the Hellenic Republic since 2014, the Ministry of Finance noted on Thursday in a written statement, adding that this does not...
29/12/2023
In October 2023, the Industrial Production Index reached 138.6 units (base 2015=100), recording an increase of 5.4% compared to October 2022, according to data published by the Statistical Service on...
28/12/2023
The Cyprus Composite Leading Economic Index (CCLEI), constructed by the Economics Research Centre (ERC) of the University of Cyprus, recorded a year-over-year increase of 1.8% in November 2023,...
28/12/2023
Government Spokesman Konstantinos Letymbiotis said Friday that the broad political consensus achieved for the approval of the state budget is a practical proof of the possibilities of the synergies...
27/12/2023
The preliminary General Government fiscal results indicate a surplus of €720,0 mln for the period of July-September 2023. According to a press release by the Statistical Service of Cyprus, the...
27/12/2023
The GDP growth ratefor 2023 is expected to reach 2.2%, while for the years 2024-2026 GDP is expected to reach 2.6%, 3.1% and 3.2%, respectively, according to the Macroeconomic Forecasts of the...
27/12/2023
Cyprus Minister of Finance Makis Keravnos said on Friday that utilising the European Investment Bank’s financing tools is a long-standing aim of the government, particularly in the current juncture...
22/12/2023