The positive course of the Cypriot economy and its favourable prospects are confirmed by the European Commission’s winter forecast, says the Ministry of Finance, while noting that real GDP increased...
The European Commission predicts a 4.1% increase for the real GDP of Cyprus in 2022 and a 3.5% increase in 2023, in its Winter 2022 Economic Forecast which was published on Thursday. Regarding...
11/02/2022
January 2022 recorded a new high for inflation in Cyprus, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units and reached 104.57 units, compared to 105.10 in...
04/02/2022
Cyprus is considering the issuance of a green bond in in 2023, an official of the Finance Ministry’s Public Dent Management Office (PDMO) has told CNA.“This is something we are considering, but there...
03/02/2022
The Index of Industrial Output Prices has recorded a 7.5% rise in 2021 compared with 2020, the highest of the last eight years, while only in December 2021 the prices increased by 18.5% compared to...
31/01/2022
The Ministry of Finance of the Republic of Cyprus, the Swiss Exchange, SIX and the Cyprus Stock Exchange announced the successful establishment of the post-trade infrastructure required to facilitate...
31/01/2022
Industrial production reached last November the highest point in 11 years for the month, according to data published by the Statistical Service of Cyprus on Friday.In particular, the industrial...
28/01/2022
The financial support given to companies affected by the ongoing pandemic announced by the Ministry of Finance this week seems to be financially bearable without serious consequences on public...
28/01/2022
In January 2022, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) fell by 2.4 points compared with December 2021. The drop in the ESI-CypERC resulted from...
28/01/2022
Cyprus growth is expected to remain robust in 2022 as real GDP is projected to expand by 4.1%, according to “Economic Outlook” for January issued by the Economic Research Centre (CypERC) of the...
26/01/2022