The government with various policies and actions has supported with great sensitivity the fisheries sector and the prospects of blue growth, Cyprus President Nicos Anastasiades has said laying the...
Cyprus complied from the start with the EU sanctions against Russia, Finance Minister, Constantinos Petrides said in reply to a report aired by the CBS show "60 Minutes". He clarified that Cyprus'...
The European Commission has approved a Cypriot state aid scheme to support citrus producers through compensations for additional costs brought about as a side effect of Russia’s invasion of Ukraine,...
Cyprus Economy and Competitiveness Council (Ecompet) on Friday outlined a set of medium-term and long-term proposals to tackle inflation.The Council also announced that due to the seriousness of...
Cyprus ranks fifth among EU member states as regards absorption from the EU cohesion funds, Finance Minister, Constantinos Petrides, has said, noting that, that the “challenge” now is to record the...
Cyprus will launch projects involving grants and subsidies worth over €48 million for both households and businesses in the first quarter of 2023 via the “Cyprus Tomorrow plan”, Government...
In a press release CyStat said that, the Index of Industrial Output Prices for November 2022 reached 136.2 units (base 2015=100), recording a decrease of 3.3% compared to October 2022. It added that...
In December 2022, economic sentiment in Cyprus strengthened, as the Economic Sentiment Indicator (ESI-CypERC) increased by 3.3 points compared with November 2022, according to a press release by the...
The technology sector’s (ICT) contribution to the Cypriot economy is estimated to reach €3 billion this year boosting the diversification and the resilience of the Cypriot economy.According to the...
The four international rating agencies have published their potential rating dates for Cyprus’ credit rating in 2023.The ratings will take place in a year marked by a projected economic slowdown,...