Composite Leading Economic Index stable in June
It followed year-over-year decreases of 0.1% and 0.4% recorded in May and April respectively
14:27 - 23 July 2024
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The LNG terminal project in Vasilikos will be implemented, President says
Christodoulides said that some decisions have already been made, stressing that “the project will be implemented"
07:43 - 23 July 2024
Energy Minister vows that LNG terminal will be completed
Papanastasiou said the project is indispensable for the Republic of Cyprus, as it is associated with the introduction of natural gas
07:42 - 22 July 2024
Food and Wine sector among our priorities, Tourism Minister says
Deputy Minister Costas Koumis held a series of meetings with associations operating in Cyprus' food and wine sectors
10:27 - 19 July 2024
€10m worth of investment interventions to be made by end of July, says Agriculture Minister
According to Maria Panayiotou, the new calls will cover investments with total expenditure ranging from €5,000 to €80,000
07:45 - 19 July 2024
Termination of Vasilikos contract "not bad news," sources say
Sources suggested that ending the contract could mark the beginning of a solution to a long-standing problem for the country
07:40 - 19 July 2024
Price of building materials dropped further in June
Prices have been on a downward trend since August 2023, declining by an annual 0.70% in June
16:28 - 18 July 2024
New projects and developments taking shape as Troodos upgrade continues
Commissioner for the Development of Mountain Communities Charalambos Christofinas has given an update on the projects
08:44 - 18 July 2024
Limassol port and Nicosia perimeter motorway among 134 EU transport projects sharing €7b support
The €7 billion is set aside for 134 transport projects all over the EU within the Connecting Europe Facility framework
08:28 - 18 July 2024
Our goal for tourist arrivals this year has been achieved, Deputy Minister says
He added that in recent months, solutions have been given in relation to the labour issues in the tourism industry
07:47 - 18 July 2024
Tourist arrivals exceed 1.6 million in first half of 2024
Arrivals in June alone, the first summer month, rose by 5.5% compared to June 2023
07:46 - 18 July 2024
Farah Shammas: A successful tourism industry requires excellent private and public sector collaboration
The Managing Director of St Raphael Resort and Marina also suggests the island up its connectivity
07:02 - 18 July 2024
Harmonised inflation stable at 3% in June
Compared to June 2023, the largest positive changes were noted in Housing, Water, Electricity, Gas and Other Fuels
15:53 - 17 July 2024
Turnover value index in Transport and storage drops by 1.9% in Q1 2024
The index amounted to 115 units in the first quarter of the year compared with 117.3 in the respective quarter of 2023
07:44 - 17 July 2024
Ukraine must remain a top priority, FinMin tells Ecofin
Makis KLeravnos was speaking in Brussels during a meeting of the Economic and Financial Affairs Council of the EU
07:41 - 17 July 2024
New €35.8m phase of Nicosia Perimeter Motorway announced
The estimated value of phase B3 is estimated at €35.8m and tenders will be accepted until 11am on 20 September
08:21 - 16 July 2024
Cyprus closing in on first ‘A’ Fitch rating in 13 years
The Cypriot economy in June of this year returned to where it was in the summer of 2011
07:58 - 16 July 2024
Minister asks for EU support for efforts to revitalise Cypriot countryside
The aim, Maria Panayiotou said, is to make small and medium-sized production in rural areas viable and competitive
07:38 - 16 July 2024
Finance Minister in Brussels for Eurogroup and Ecofin
At the Ecofin meeting on 16 July, it is expected that the amendments to the Cyprus Recovery and Resilience Plan will be approved.
08:02 - 15 July 2024