Minister of Finance Constantinos Petrides signed on Thursday the financing agreement to assign the management of the Cyprus Equity Fund to the European Investment Bank (EIB).A Finance Ministry Press...
Cyprus’ Composite Leading Economic Index (CCLEI) continued to slow down in March, reflecting the impact of the war in Ukraine and the international sanctions on the short-term growth prospects of the...
Cyprus Finance Minister Constantinos Petrides expressed his grave concern over inflationist pressures, noting this is the “most dangerous parameter of the crisis” with unknown results.Speaking in a...
President of the European Investment Bank (EIB) Werner Hoyer said Monday that the Bank stands ready to support investment in Cyprus, to reduce the impact and economic shocks triggered by the war in...
Inflation in Cyprus soared to 7.1% in March 2022, continuing its upward trend for the twelfth consecutive month. It is the highest recorded at least since 1995.According to the Statistical Service of...
New measures to ease restrictions to combat the coronavirus pandemic were announced on Thursday by Health Minister Michael Hadjipantela, who noted that the word "respect" is the key to the new era of...
The Ministry of Finance said Thursday that the use of the Cyprus green bond will offer multiple advantages.In a press release after the approval by the Council of Ministers of the Finance Minister`s...
In January 2022, the Industrial Turnover Index recorded an increase of 27.6% compared to January 2021, reaching 147.6 units (base 2015=100), the Statistical Service of Cyprus announced on Tuesday.In...
The euro area’s Finance Ministers are discussing economic developments resulting from the Russian military aggression in Ukraine, during their Monday meeting in Luxembourg.As the Cypriot Ministry of...
Cyprus` Finance Minister Constantinos Petrides is in Luxembourg to take part in the Eurogroup and Ecofin meetings to be held from 4-5 April.The Ministers will discuss economic developments resulting...