Corporation loans for over €1 million up 10% in May, despite increase on rate
The Central Bank of Cyprus has released statistics on interest rates applied by monetary financial institutions in Cyprus
08:14 - 05 July 2024


The Commission said that Cyprus' third payment request, received on 4 July, concerns 12 milestones and 4 targets
08:11 - 05 July 2024

Papanastasiou said that the energy sector in Cyprus faces many challenges, mainly isolation and very high costs
08:08 - 05 July 2024

He noted that when the country's economy is doing well, the government could implement a targeted social policy
08:03 - 05 July 2024

The current account balance improved, with the deficit decreasing from €1,881.7m in Q1 2023, to €890.2m, in Q1 2024
07:49 - 04 July 2024

According to a Commission press release, the proposed changes are narrow in scope and technical in nature
08:16 - 03 July 2024

The Ministry of Agriculture will also issue a decree regarding the quotas for sheep-goat milk and cow's milk
08:12 - 03 July 2024

President Nikos Christodoulides also unveiled a five-year plan designed to mitigate seasonality in the tourism sector
08:08 - 03 July 2024

So far, the Great Sea Interconnector has been granted financing by the EU Connecting Europe Facility amounting to €657m
07:54 - 03 July 2024

The Turnover Value Index for the retail sector increased by 4.5% compared to May of the previous year
07:58 - 02 July 2024

The Central Bank of Cyprus has decided to maintain the countercyclical buffer (CCyB) at its existing level
07:56 - 02 July 2024

For the period from January to April 2024, tourism revenue is estimated at €440.7 million
07:54 - 02 July 2024

The figure shows a significant rise compared to the surplus of €322.7 m recorded in the same period of 2023
07:51 - 02 July 2024

The Minister noted in recent decades the development of the university education sector in Cyprus has been significant
08:16 - 01 July 2024

For the period January-May 2024, the index showed a decrease of 3.2% compared to the corresponding 2023 period
08:03 - 01 July 2024

The United Kingdom was the most important source of tourism for Cyprus, with a share of 33.9% of total tourist traffic
07:55 - 01 July 2024

European officials have repeatedly underscored the importance of Egypt's political and economic stability
07:44 - 01 July 2024

For the period January – April 2024, the index recorded an increase of 5.9% compared to the respective 2023 period
08:00 - 28 June 2024

The Minister noted that the process now lasts less than two months compared to five months in the past
07:52 - 28 June 2024