Budget implementation at 31% in first seven months
Treasury says over the last decade up to the end of July, the average budget implementation rate stood at 27%
07:51 - 29 August 2025


Andreas Constantinides, ACA, CFA at LCK Financial Services, shares his expert view
10:32 - 12 March 2026

President Christodoulides says the country’s strong economic fundamentals enhance the Cypriot economy’s ability to withstand external shocks
09:53 - 12 March 2026

The share of consumers in Cyprus who reported encountering problems while making online purchases stood at 15.7%
09:42 - 12 March 2026

The Law Office of the Republic of Cyprus has also welcomed the European Commission's decision to close the infringement procedure against Cyprus
09:32 - 12 March 2026

"Promoting equal opportunities and diversity is not only about fairness, it is also about the future of our industry," the Deputy Minister notes
08:47 - 12 March 2026

Nikos Christodoulides met with tourism stakeholders to discuss the situation and the actions to be taken moving forward
07:57 - 12 March 2026

Nikos Christodoulides is scheduled to meet with tourism stakeholders on the afternoon of Wednesday, 11 March
12:55 - 11 March 2026

At the same time, RES accounted for 96% of domestic energy production, placing Cyprus among the EU countries with the highest renewable energy production
11:55 - 11 March 2026

The Cyprus Chamber of Commerce & Industry notes that the Cyprus hotel and tourism industry is one of the first sectors to be directly affected
09:03 - 11 March 2026

Hybrid cars account for almost 50% of the passenger saloon car market (49.6% from 43.9% in the first two months of 2025)
08:41 - 11 March 2026

“We really have to monitor the situation very closely and we need to stand ready to react as necessary,” European Commissioner for Economy and Productivity, Valdis Dombrovskis said
08:10 - 11 March 2026

Michael Damianos also had separate meetings with senior executives of TotalEnergies and representatives of the consulting firm Beicip-Franlab
07:53 - 11 March 2026

The deep-water sea trial was part of works on the Great Sea Interconnector, a project connecting the electricity systems of Greece and Cyprus
07:48 - 11 March 2026

The purpose of the teleconference was the coordination between leaders ahead of the discussion on competitiveness at the European Council this month
07:44 - 11 March 2026

Electricity Market Association President George Chrysochos gave assurances it is operating as an umbrella for the entire electricity market
07:00 - 11 March 2026

Makis Keravnos also said that the Ministers of Finance will discuss the situation in the international and European economy
10:52 - 10 March 2026

The Minister of Labour and Social Insurance was addressing the Employment and Social Policy Council (EPSCO) in Brussels
08:15 - 10 March 2026

Michael Damianos will also meet with high-ranking executives from TotalEnergies, as well as with representatives of the company Beicip-Franlab
07:58 - 10 March 2026