Growth was recorded in 2021 in the services and industry sectors, according to a statement issued by the Cyprus Employers and Industrialists Federation (OEB) on Saturday.OEB notes that in 2021 the...
Greece and Cyprus face common challenges and share a common direction for their solution said the Minister of Finance, Konstantinos Petrides, addressing the first Cyprus-Greece business Summit."...
09/05/2022
The Ministry of Finance has requested from Parliament the approval of a supplementary budget totalling €102.1 million due to the continuation of the coronavirus pandemic and the situation created by ...
06/05/2022
In April 2022, inflation was 8.8% in Cyprus. The Consumer Price Index increased by 2.58 units and reached 110.36 units compared to 107.78 units in March 2022, according to data published by Cyprus...
05/05/2022
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, Finance Minister Constantinos Petrides has...
05/05/2022
The University of Cyprus Economic Research Centre (ERC) downgraded its projection for Cyprus growth in 2022 due to the impact of the Russian invasion of Ukraine, warning over a potential...
04/05/2022
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on...
03/05/2022
EU and Cyprus economies are facing the “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, a conference held by the Nicosia...
03/05/2022
Industrial Production Index reached 124.9 units (base 2015 = 100) in February 2022, recording an increase of 3.4% compared to February 2021. For the period January - February 2022, the index recorded...
28/04/2022
Cyprus announced on Wednesday new relaxations of the measures against the spread of COVID-19, starting from Good Friday, including the suspension of the SafePass measure in external areas of...
20/04/2022