Economy

Vehicle registrations up by 34.6% in 2023

In December 2023 alone, the momentum continued, with a remarkable 35.4% increase in total registrations

14:30 - 09 January 2024

Volume of retail trade in Cyprus increased in November, decreased in EU

Among Member States, the largest monthly decreases in the total retail trade volume were registered in Germany

07:52 - 09 January 2024

Complaints to Consumers Association up by 44.9% in 2023

Total complaints submitted in 2023 reached 2,152, compared to 1,485 in 2022

14:12 - 08 January 2024

Stavros Stavrou: We need the legislative regulation of strikes in essential services

Essential services are defined as services the interruption of which would endanger the life, personal safety or health of all or part of the population

08:22 - 08 January 2024

Industrial turnover up 9.1% in October 2023

For the period January – October 2023, the index recorded an increase of 6.7%

08:00 - 08 January 2024

Tourism revenue surges 8.3% in October, 22.6% in 10-month period

Tourism revenue for the period amounted to €2,802.6 million, marking a substantial 22.6% increase

07:57 - 08 January 2024

Cypriot deposits remain low despite small rises

Cypriot banks provided the lowest interest on corporate deposits and the third lowest rates on deposits by households

07:52 - 08 January 2024

Current account deficit widens to €0.52 billion in Q3

07:50 - 08 January 2024

Growing Cyprus University of Technology to introduce Shipping Department

The newly established CUT department aims to strengthen Limassol as a leading ship management centre

06:16 - 06 January 2024

George Syrichas: The objectives of the tax reform and how it is progressing

The economist and CypERC advisor provides an update on the efforts to upgrade Cyprus' tax system

06:14 - 06 January 2024

Christos Christoudias comments on fare increases and delays in the supply chain

The Managing Director of Christoudias Logistics notes that Cyprus cannot remain unaffected by international events

11:14 - 05 January 2024

NEWS FEED

14 hours agoCompanies

From Field to Market: How SEDIGEP is Strengthening the Future of Sotira's PDO Kolokasi

15 hours agoPeople

Marios Takoushis: Commercial work is different from film or television because the focus is naturally on the product or the brand and I think it's important to respect that

1 day agoCompanies

From the Solea Valley to Global Markets: How Atsas Organic Products is Elevating Cypriot Olive Oil

1 day agoTechnology

CAT-BRAIN CEO Nicole Christodoulides: “We’re translating more than 25 years of clinically validated cognitive rehabilitation research into scalable digital infrastructure”

ALL NEWS

Inflation fell to a four-month low to 1.6% in December 2023

The number was within the target set by the European Central Bank for inflation below 2%

07:45 - 05 January 2024

CSC's Kazakos sounds the alarm over Houthi pirate threat to the global supply chain

The Director General of the Cyprus Shipping Chamber, Thomas Kazakos, says countries' economies are being impacted

13:27 - 04 January 2024

Halloumi cheese production as PDO uncertain ahead of producers' meeting with Christodoulides

Cheesemakers will cease operations from 10 January to protest a decree increasing the goat and sheep milk ratio

07:58 - 04 January 2024

International rating agencies announce Cyprus’ credit ratings milestones for 2024

Two agencies, namely Standard and Poor’s and Fitch have placed the economy’s rating on track for upgrade

12:39 - 03 January 2024

Paphos hotel occupancy at 35% - 40% in December 2023

Occupancy increased during the three days of Christmas and New Year, reaching up to 80% - 85%

08:40 - 03 January 2024

Tassos Yiasemides: Economic challenges to intensify in 2024

Economist and management consultant at KPMG Cyprus, Tassos J. Yiasemides, suggests what we can expect in the new year

08:30 - 03 January 2024

Kissonerga: First substantial step taken towards creation of marina

Actual construction work on the project is not anticipated to begin before the end of 2025

08:14 - 03 January 2024

Rise in value and volume of retail trade in November 2023

The Retail Trade Turnover Value Index increased by 5.7% compared to the same month in the year 2022

07:52 - 03 January 2024

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