In October 2023, the Industrial Production Index reached 138.6 units (base 2015=100), recording an increase of 5.4% compared to October 2022, according to data published by the Statistical Service on...
The Cyprus Composite Leading Economic Index (CCLEI), constructed by the Economics Research Centre (ERC) of the University of Cyprus, recorded a year-over-year increase of 1.8% in November 2023,...
Government Spokesman Konstantinos Letymbiotis said Friday that the broad political consensus achieved for the approval of the state budget is a practical proof of the possibilities of the synergies...
The preliminary General Government fiscal results indicate a surplus of €720,0 mln for the period of July-September 2023. According to a press release by the Statistical Service of Cyprus, the...
The GDP growth ratefor 2023 is expected to reach 2.2%, while for the years 2024-2026 GDP is expected to reach 2.6%, 3.1% and 3.2%, respectively, according to the Macroeconomic Forecasts of the...
Cyprus Minister of Finance Makis Keravnos said on Friday that utilising the European Investment Bank’s financing tools is a long-standing aim of the government, particularly in the current juncture...
Cyprus retains its capacity to service its debts and its fiscal position remains strong, although challenges remain regarding the management of non-performing loans (NPLs) and the implementation of a...
The issue of financial illiteracy is a problem that we have to face as a society, President of the Cyprus Republic, Nikos Christodoulides, said on Thursday, noting that in 2024 a series of activities...
A delegation of the European Investment Bank, headed by its Vice-President Kyriacos Kakouris, will pay an official visit to Cyprus on Friday, for the signing of four loan agreements.Among the...
The President of the Republic, Nikos Christodoulides, has expressed his satisfaction over the approval on Wednesday by the House of Representatives plenary of the budget for 2024."The approval of the...