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British pensioners have listed Cyprus and Greece as amongst the favourite destinations to spend their retirement, according to a new study
11:22 - 03 April 2023
DBRS Morningstar has confirmed the Republic of Cyprus’ Long-Term Foreign and Local Currency – Issuer Ratings at BBB and the Short-Term Foreign and Local Currency – Issuer Ratings at R-2 (high)
08:12 - 03 April 2023
The seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023
16:20 - 31 March 2023
An International Monetary Fund (IMF) mission has found that economic activity in Cyprus is anticipated to decelerate this year before growing again in 2024
13:31 - 31 March 2023
The population of the EU is anticipated to decrease by 6% between 1 January 2022 and 1 January 2100, while the population of Cyprus is expected to surpass 1 million by 2100
08:52 - 31 March 2023
In 2022, the average hourly labour costs in the whole economy were estimated to be 30.5 euro in the EU and 34.3 euro in the euro area (19.4 euro in Cyprus), up compared with 29.0 euro and 32.8 euro, respectively, in 2021 (18 euro in Cyprus), according to estimates published by Eurostat
08:43 - 31 March 2023
The Industrial Production Index decreased 0.9% in January 2023 compared to the same month in 2022, reaching 120.9 units
08:09 - 31 March 2023
A €60 million payment for the first quarter of 2023 has been decided on by the board of directors of the Cyprus Asset Management Company Ltd (KEDIPES)
15:59 - 30 March 2023
Almost 60 certificates of PDO have been issued to Cypriot halloumi/hellim producers, following the first PDO certification issued to a Turkish Cypriot producer
12:12 - 30 March 2023
The Tax Department has announced the start of the process for activating an account in the new Tax For All system which, at this stage, involves only individuals who are obligated to pay VAT
09:04 - 30 March 2023
Economic sentiment in Cyprus improved slightly in March, as the Economic Sentiment Indicator increased by 0.2 points compared with February 2023
08:44 - 30 March 2023
Management Companies and Undertakings of Collective Investments (UCIs) under supervision remained stable, according to CySEC
13:05 - 29 March 2023
Minister of Finance, Makis Keravnos expressed the government's intention to implement an economic policy of strict fiscal discipline and financial stability
11:40 - 29 March 2023
Special forms of tourism and the preferences of German citizens were discussed by Deputy Minister of Tourism Costas Koumis, and German Ambassador Anke Schlimm
09:42 - 29 March 2023
The Finance Ministry wants stable legislation regulating out of court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans
08:18 - 29 March 2023
State Aid Control Commissioner Stella Michaelidou is waiting for a traditional Halloumi cheese marketing and production support plan from the Ministry of Agriculture
08:04 - 29 March 2023
Energy Minister Giorgos Papanastasiou has drawn attention to the potential of the Eastern Mediterranean region to contribute to the diversification of the European Union’s energy sources
07:56 - 29 March 2023
The Central Bank of Cyprus has adopted a number of climate-related risk considerations and Sustainable and Responsible Investment strategies, to contribute to the transition to a green and low-carbon EU economy
13:04 - 28 March 2023
