Eurostat: Tourism sees annual growth of more than 20% in 2023

Tourism in Cyprus increased by more than 20% in 2023 compared to 2022, the second largest growth in the EU

15:25 - 16 January 2024

NPLs remain unchanged at €2 billion in October amid rising interest rates

Delinquent loans in October amounted to €2,015 million from €2,017 the month before, the Central Bank of Cyprus says

14:22 - 16 January 2024

Study for the Great Sea Interconnector project to be presented 'in the next few days'

Representatives of the international firm that prepared the study for the project will be in Cyprus over the coming days

12:08 - 16 January 2024

Keravnos: Tensions in the Red Sea pose risks for inflationary pressures

The Finance Minister made comments to the Cyprus News Agency while on an official visit to Brussels

12:01 - 16 January 2024

We need a multi-dimensional energy strategy, House President says

Annita Demetriou was addressing an Institute of Environment and Sustainable Development round table event

11:14 - 16 January 2024

Finance Minister Keravnos in Brussels for Eurogroup meeting

Keravnos and the other Ministers will exchange views on policies to address negative consequences of energy prices

07:31 - 15 January 2024

Cyprus CBA for Seafarers renewal highlights country’s strong maritime labour relations

The Cyprus Employers and Industrialists Federation (OEB) also co-signed the Agreement

07:02 - 15 January 2024

Total government employment up y-o-y in December

This increase, CyStat said, is mainly attributed to an increase in Educational Service casual staff

08:17 - 12 January 2024

Construction production index up 7.9% y-o-y in Q3 2023

By type of project, there was a 9.4% increase for buildings and a slight decrease of 0.3% for civil engineering …

08:08 - 12 January 2024

77% of budget spent by end-November

The Treasury of the Republic said this was mainly due to the increase by €530m in loan and interest repayments

07:35 - 12 January 2024

Cypriot banks grant almost €3b in fresh loans in 2023

The Central Bank of Cyprus released data for the period January-November 2023

11:05 - 11 January 2024

CMMI €2.8m marine infrastructure project given the nod

It said a proposal to the Cyprus Research and Innovation Foundation has been selected for funding

08:10 - 11 January 2024

Cyprus makes history with first-ever cashback reality TV rebate

The news was announced by Nicosia-based Jokinisu Group and confirmed by the Cyprus Film Commissioner

07:09 - 11 January 2024

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Economy

Eurostat: Tourism sees annual growth of more than 20% in 2023

NPLs remain unchanged at €2 billion in October amid rising interest rates

Study for the Great Sea Interconnector project to be presented 'in the next few days'

Keravnos: Tensions in the Red Sea pose risks for inflationary pressures

We need a multi-dimensional energy strategy, House President says

Beer sales in Cyprus in 2023 rise by 1.5%, driven by exports

GMI applications processing time reduced to 90 days, Evangelou says

Cyprus exports overtake EU average

Economic experts suggest European interest rate cuts on the way

Thomas Kazakos: What will strengthen Cyprus’ image as an attractive shipping centre

Building permits drop by an annual 7% in January-October 2023

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