A set of measures to offset the impact of the new global economic crisis due to the Russian invasion of Ukraine is to be submitted to the Council of Ministers next week for approval, Cyprus'...
The Harmonized Index of Consumer Prices increased by 8.6% in April 2022, when compared to the index of April 2021, according to data published by the Statistical Service on Wednesday. When compared...
18/05/2022
The Council of Ministers decided on Wednesday to grant a 20% tax deduction for research and development expenses in the framework of the program for attracting investments and businesses in Cyprus. ...
18/05/2022
The positive year-over-year growth rate of the CCLEI continues to slow down in April 2022. The Cyprus Composite Leading Economic Inde (CCLEI) recorded a year-over-year increase of 2.4% in Apri 2022...
18/05/2022
The GDP growth rate in real terms during the first quarter of 2022 is positive and it is estimated at 5.8% over the corresponding quarter of 2021, according to the Flash Estimate compiled by the...
18/05/2022
The cost-of-living adjustment (COLA) is making up for the loss of income to some extent, Cyprus’ President, Nicos Anastasiades said on Tuesday ahead of a meeting he is convening on Friday to discuss...
17/05/2022
The European Commission forecasts for Cypriot GDP for 2022 and 2023, at 2.3% and 3.5% respectively, are in line with the latest forecasts of Cyprus Ministry of Finance, which forecast growth of 2.7%...
17/05/2022
The European Commission revised its economic projections downward for Cyprus citing the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and...
16/05/2022
Fitch analysts speak of uncertainty in the Cypriot economy due to the inflation boom in an interview given to StockWatch.In response to their assessments of maintaining the positive outlook of the...
16/05/2022
The task of supporting economic activity and the vulnerable amid rising inflation fueled by the Ukrainian crisis, while maintaining fiscal stability was discussed in panel discussion during the first...
13/05/2022