Announcement on 'Pegasus 1' gas discovery, “an optimistic message”, Energy Minister says

Papanastasiou said that with this discovery, a quantity of marketable and economically viable gas is being accumulated

07:48 - 09 July 2025

Vehicle registrations down 1.1% in H1, saloon cars drop 3%

Registrations reached 25,954, marking a 1.1% decrease compared to 26,250 in the corresponding period of 2024

07:45 - 09 July 2025

Beer exports drop by 24% in June, small uptick in local market

Exports reached 245,087 litres in June 2025 compared to 323,278 litres in June 2024, CySTAT has reported

07:43 - 09 July 2025

Finance Minister backs Digital Euro and stresses financial stability at Ecofin meeting

Makis Keravnos described the Digital Euro as a crucial step in the EU’s digital transition

07:39 - 09 July 2025

US delays higher tariffs but announces new rates for some nations

This comes as a 90-day pause the White House placed on some of its most aggressive import taxes is set …

08:05 - 08 July 2025

Eurobarometer: Cyprus citizens have a positive perception of the impact of EU regional policy

According to the survey, 88% of respondents in Cyprus believe EU-funded initiatives make a positive contribution

07:48 - 07 July 2025

Makis Keravnos to chair Eurogroup in Brussels, during which new President will be elected

The meeting will conclude with the election process of the new President of the Eurogroup for the next 2.5 years

07:45 - 07 July 2025

CBC: In May consumer credit interest rate drops to 6.77%,

The figures also showed that the house purchase loans interest rate has risen to 3.81%

07:38 - 07 July 2025

Results at Pegasus target to be revealed today, 7 July, Energy Minister says

ExxonMobil’s latest drill at Pegasus target was scheduled to be completed and the results revealed on Monday, 7 July

07:34 - 07 July 2025

All the details of the bill on the control of foreign direct investments

The Ministry of Finance has issued an announcement that outlines the provisions of the bill and its main aims

12:36 - 04 July 2025

Marios Tannousis: The National FDI Control Mechanism is a very important and positive step

The CEO of Invest Cyprus talks about the multiple benefits the new mechanism will bring about for Cyprus

08:25 - 04 July 2025

Contracts signed for €29.92m phase B3 of the Nicosia perimetre highway

The project will start in August 2025 and has an implementation period of 36 months, according to the Transport Ministry

08:06 - 04 July 2025

EU invests €2.8 billion in 94 transport projects, including Cyprus ports

Ports in Ireland, Cyprus, Malta, Croatia, and Poland will be upgraded with shore-side electricity to minimise emissions

07:54 - 04 July 2025

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Economy

Announcement on 'Pegasus 1' gas discovery, “an optimistic message”, Energy Minister says

Vehicle registrations down 1.1% in H1, saloon cars drop 3%

Beer exports drop by 24% in June, small uptick in local market

Finance Minister backs Digital Euro and stresses financial stability at Ecofin meeting

US delays higher tariffs but announces new rates for some nations

Highest midday power demand of the year anticipated to have been this week, official data show

Christodoulides: New natural gas discovery in EEZ reaffirms Cyprus’ energy potential

President to hold teleconference with ExxonMobil this afternoon

CSR Cyprus elects new Board of Directors

Shipping Deputy Minister Marina Hadjimanolis on official visit to London

Thirteen bounced cheques totaling €28,296 registered in June

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