Uncertainty is the only certain thing in the new era we are entering, said Finance Minister Constantinos Petrides addressing the 14th Congress of the Free Trade Unions of Semi-Governmental...
The stock of Cypriot bonds held by the European Central Bank under the Asset Purchases Programme declined by €4.2 billion in the end of May, as the ECB will terminate net asset purchases on July 1 in...
17/06/2022
The Commission has approved the disbursement of 627 euro million in pre-financing under the Brexit Adjustment Reserve to Cyprus, Germany, Greece, and Hungary, to compensate for the consequences of...
17/06/2022
President of the Republic Nicos Anastasiades has said that the government will support entrepreneurs and the vulnerable groups of the population in relation to the significant increase in basic...
17/06/2022
The Cyprus Fiscal Council recommends particular caution in public finances due to increased risks, which may persist over time, expressing the view that support measures should be focused on small...
16/06/2022
Cyprus ranks 40th in terms of competitiveness, moving down seven places compared to 2021.The decline in the ranking is mainly due to a significant deterioration in the position of Cyprus in terms of...
16/06/2022
The Cyprus Composite Leading Economic Index (CCLEI) turned negative in May, following annual increases of the previous months, reflecting the uncertainty driven by the war in Ukraine.The CCLI...
14/06/2022
Economic uncertainty amid the Ukraine war and the European Central Bank rate hikes announcement are pushing Cyprus bond yields upwards in the wider context of sovereign bond sell-off in secondary...
14/06/2022
Seasonally adjusted GDP as well as employment in the eurozone increased in the first quarter of 2022 by 0.6%, compared with the previous quarter, according to an estimate published by Eurostat, the...
09/06/2022
The Cypriot authorities are expected to submit a request for the first disbursement of the National Recovery and Resilience Plan, amounting to €85 million, in the third week of July, Theodosis...
08/06/2022