Government employment up 4.3% yoy for January-July 2024
In July 2024 total government employment reached 53,039 persons, CySTAT has reported
14:28 - 12 August 2024
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Weight of goods transported by road in Cyprus up 3.7% in Q1 yoy
During this period, 10.86 million tonnes were transported, compared to 10.48 million tonnes in Q1 last year
12:49 - 12 August 2024
Michalis Hadjipantela: The proposal for the Common Consolidated Corporate Tax Base is a red line for me
The MEP for Cyprus explains why he does not support the proposed CCCTB due to its potential impact on investment
12:25 - 12 August 2024
Cypriots choosing cards over cash
Both the total volume and the value of transactions increased at a faster rate than in the euro area
08:32 - 12 August 2024
Trade deficit down by 20% in the first semester of 2024
The trade deficit in January–June 2024 was €3,571.8 m compared to €4,478 m in the corresponding period of 2023
08:19 - 12 August 2024
Construction Materials price index down by 1.45% in Jan-July 2024
Compared to the month of July of the previous year, the index recorded a decrease of 0.36% in July 2024
08:17 - 12 August 2024
Boosting mountainous regions is one of the government's main policies, Deputy Minister says
Marilena Evangelou said the relevant Ministries and Deputy Ministries have targeted policies with specific implementation plans
08:08 - 12 August 2024
OEB's energy sector members come forward on the GSI-The cable must not be created 'at any cost'
Five of its members have differentiated themselves from the Federations view of the Great Sea Interconnector
15:23 - 09 August 2024
Census 2021 reports aging population, restrained urbanisation, university education increase
According to the data, the Cyprus population, which on 1 October 2021 reached 923,381 persons, is aging
13:30 - 09 August 2024
Panikos Teklos: “Within an overheated market it only takes a spark to start a fire”
The Partner at Xpadia shares his thoughts on the reasons behind the recent global markets turmoil
10:19 - 09 August 2024
Minutes from video conference on the Great Sea Interconnector reveal ongoing pressures
The teleconference included the participation of all the bodies involved
08:57 - 09 August 2024
Eurostat: Potato production increases in Cyprus and EU, but still in long term decline
Across the EU there has been a long-term decline in the production of potatoes, which has also been recorded in Cyprus
07:46 - 09 August 2024
RoC response to Commission on €101m terminal funding by first week of September
Papanastasiou said the Energy Ministry has been focusing on completing the terminal at Vasiliko
07:38 - 09 August 2024
Major projects and RRF, keys to maintaining growth rates, Fiscal Council says
The Council said that if the state follows its recommendations, the growth estimate in 2025 and 2026 should be revised upwards
07:35 - 09 August 2024
Tasos Hadjinicolaou: “Nothing is certain in financial markets, but it is likely that the volatility is here for a while”
The Manager, Investment Strategy, Private & Affluent Banking Management at the Bank of Cyprus identifies the four factors behind the recent global market turmoil
07:00 - 08 August 2024
Phanos Vladimirou: Cyprus' small and open economy makes it vulnerable to external shocks
The Research Analyst at Athlos Capital said the impact would be felt on its tourism sector, FDI and energy prices
09:47 - 07 August 2024
Cyprus’ R&D budget increase way above EU average in 2023
Eurostat said the budget allocated by the island's government to R&D rose by 19.8% (EU average 5.3%)
08:17 - 07 August 2024
US stock markets rise after days of turmoil
US shares opened higher on 6 August, as a tentative calm returned to global markets following days of sharp falls
07:48 - 07 August 2024
Daniel Antoniou: “A sharp correction in global markets will inevitably bring the local stock market lower”
The Executive Director of 7Q Financial Services Ltd suggests geopolitical developments could have a more significant impact on the local economy
07:17 - 07 August 2024