With three gold and two silver medals, Cyprus ranks third in The Economist’s economic pentathlon which has calculated how the 27 EU member states perform on the five major challenges facing them,...
Cypriot Minister of Finance Makis Keravnos travels to Luxembourg on Sunday, in view of important meetings of the Eurogroup and Ecofin on October 16 and 18, the Ministry of Finance has said. In a...
Cyprus and Egypt are currently at the most immediate credit risks than other countries rated by Scope Ratings due to the Israel-Hamas conflict, said the German credit rating agency on Tuesday.In...
International Monetary Fund (IMF), in October’s “World Economic Outlook”, published on Tuesday, forecasts that Cyprus’ growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had...
The cost of leaving inflation untamed, is much higher to households, businesses and the entire economy, Constantinos Herodotou, Governor of the Central Bank Cyprus (CBC), said on Friday, stressing...
Cyprus’ state budget for 2024 and the Medium-Term Fiscal Framework 2024-2026 were submitted on Thursday in the Plenary of the House of Representatives, marking the beginning of the proceedings for...
The Industrial Turnover Index for July 2023 reached 206.9 units (base 2015=100), marking a steady increase of 0.5% compared to July 2022.Over the year-to-date period from January to July 2023, the...
Cyprus's Minister of Finance, Makis Keravnos, reaffirmed the government's commitment to achieving fiscal stability and creating an environment that would make the economy more resilient against...
Inflation in September 2023 surged to 4.0%, according to the latest data from the Consumer Price Index (CPI) released by the Statistical Service of Cyprus. The CPI increased by 1.33 units, reaching...
Fiscal discipline, macroeconomic stability and continued structured reforms are necessary for the economy, said Deputy Minister to the President, Irene Piki, addressing on Wednesday the first Annual...