Household debt stood at 20.1 billion euros at the end of June 2022 with the relative debt ratio standing at 81% of Gross Domestic Product (GDP), showing a slight decrease compared to the previous...
Yields of the Cypriot bonds issued domestically rose significantly in the last months, reflecting the policy rate hikes of the European Central Bank (ECB) in its effort to curb soaring inflation....
Cyprus will manage to absorb 100% of the co-financed Cohesion Policy Programs 2014-2020.According to a press release by the Ministry of Finance, a joint meeting was held on Wednesday in Pafos between...
In October 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.4 points compared with September 2022.According to a press release by the...
The Republic of Cyprus has come a long way in dealing with anti-corruption and Anti-money laundering (AML) issues, making important strides in restoring the Republic of Cyprus’ reputation, said US ...
The Government focuses on ways to provide relief for vulnerable groups, due to the energy crisis, Cyprus President Nicos Anastasiades said on Wednesday, while receiving the annual report of the...
The Council of Ministers decided to freeze any new off-budget claims and requests from November 1 until the end of the presidential elections set to take place next February with a view to preserve...
From January 2022 when the New Strategy for Attracting Businesses and Talents came into force and until the end of September 2022, the Civil Registry and Migration Department received 9090...
US Ambassador Judy Garber expressed confidence that the Republic of Cyprus is moving in the right direction, both in political and economic issues, as well as in its bilateral relations with the US....
The European Commission on Tuesday endorsed a positive preliminary assessment of Cyprus' payment request for €85 million in grants under the Recovery and Resilience Facility (RRF), while Cyprus lost...