The Cyprus Fiscal Council (CFC) expects increased pressures on the macro economy for 2023, with forecasts slightly more unfavorable than those of the Ministry of Finance, in its Report for 2022,...
Cyprus has made some progress in improving its level of compliance with Financial Action Task Force (FATF) standards on combatting money laundering and the financing of terrorism, but moderate...
25/11/2022
Credit Rating Agencies give a vote of confidence in the prospects and future developments in the Cyprus economy, Finance Minister, Constantinos Petrides said on Thursday, in an opening keynote speech...
24/11/2022
There has been lately an acceleration of the growth rate of public investments, Cyprus President, Nicos Anastasiades, said on Friday, receiving, at the Presidential Palace, the annual report of the...
18/11/2022
Harmonized inflation slowed down in October, compared to the previous months, remaining however at high levels.According to the Statistical Service of Cyprus, Harmonized Index of Consumer Prices in...
17/11/2022
Cyprus' Composite Leading Economic Index (CCLEI) continued to have a negative rate year-on-year this October for the third consecutive month.The continued drop, of the index, the University of Cyprus...
17/11/2022
Finance Minister, Constantinos Petrides, said on Tuesday that the growth rate of the Cypriot economy records an increase of 5.5% during the third semester of 2022.In statements at the Presidential...
15/11/2022
The Cypriot government’s initiatives and policies to attract foreign companies to the island were presented at a London conference by the Minister of Interior of the Republic of Cyprus Nicos Nouris...
14/11/2022
Cypriot banks have not yet fully completed their legacy asset quality clean-up, says S&P Global Ratings, sovereign analyst, Sebastien Boreux.In an interview with StockWatch, he notes that...
14/11/2022
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn...
11/11/2022