CCLEI down 0.9% in February, indicates slowdown of Cypriot economy but no recession
The Cyprus Composite Leading Economic Index recorded a year-over-year decrease of 0.9% in February 2023
14:52 - 22 March 2023


Herodotou asked Chief Operating Officers of Cypriot-based banks to provide timely loan restructurings and reassess their data concerning deposit interest rates
07:50 - 22 March 2023

Minister for Agriculture Petros Xenophontos has stressed the need for medium and long-term measures to support farmers so they can cope with the impact of the Russian invasion
12:18 - 21 March 2023

Priority will be given to businesses without prior significant participation in research, technological development and innovation projects
09:18 - 21 March 2023

Compared to January 2023, the index recorded an increase of 0.06%
08:23 - 21 March 2023

This was the sixth consecutive year that Cyprus has participated GEM while through its participation in the GEM consortium, the island has been placed on the global map of entrepreneurship and innovation
13:37 - 20 March 2023

Credit Suisse shares slumped 62% while UBS lost 7.1% after a day of heavy selling in Asian financial markets as early investor optimism about official efforts to stem a banking crisis quickly evaporated
13:25 - 20 March 2023

The aim is to raise awareness on the importance of financial education of the public and especially young people
13:02 - 20 March 2023

The two main components of labour cost, wages and salaries per hour worked and non-wage costs per hour worked, increased by 3.7% and 4.1% respectively, year on year
11:52 - 20 March 2023

According to a Finance Ministry announcement, the surveillance, which will conclude on 22 March, will assess Cyprus’ economic, fiscal and financial performance
11:31 - 20 March 2023

A new major development is set to materialise in Nicosia, aiming to boost the island's renewable energy sector
11:25 - 20 March 2023

The Senior Advisor to the ESM’s Chief Economist, Wim Van Aken, along with IMF’s mission chief for Cyprus, Wojciech Maliszewski, met with Finance Minister Makis Keravnos during an official visit to the island
11:14 - 20 March 2023

In January-February 2023, the HICP rose by 6.8% compared with the corresponding period of the previous year
10:30 - 20 March 2023

UBS Chairman Colm Kelleher said the acquisition of Credit Suisse is an attractive investment for the company’s shareholders, but above all it is an emergency rescue
09:30 - 20 March 2023

Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal.
08:12 - 20 March 2023

Tourist arrivals in February amounted to 119,081 marking an increase of 65.6% year on year, the Statistical Office of Cyprus (Cystat) has said.
07:57 - 20 March 2023

Complaint claims bank made false and misleading statements in annual report
08:30 - 18 March 2023

CySEC has made public a policy statement on the application in Cyprus of an EU regulation on crowdfunding
11:13 - 17 March 2023

Maritime freight transport dominated in Cyprus, accounting for 97.8% in 2021. Road and air transport followed way behind with 2.1% and 0.1%
09:08 - 17 March 2023