Cyprus’ sustainable bond attracts highest investor interest on record

With an offering book of over €12 billion, Cyprus’ sustainable bond issue this week has received the highest investor interest …

08:29 - 06 April 2023

Current account deficit rose to 9.1% of GDP in 2022

CBC data: Cyprus’ current account deficit rose significantly in 2022, reaching €2,463.3 million – that is 9.1% of the country’s …

08:04 - 06 April 2023

ECB Chief Economist notes "significant progress" of Cypriot economy

Philip R. Lane, member of the Executive Board and Chief Economist of the ECB, said he is pleased to witness …

07:37 - 06 April 2023

Cyprus unemployed up 2.7% in March

Unemployed persons in Cyprus increased by 2.7% in March compared to the same month of the previous year, according to …

14:56 - 05 April 2023

Cyprus issues inaugural €1b sustainable bond

Cyprus has issued its inaugural ten-year sustainable bond amounting to €1b with a coupon of 4.125% and a re-offer yield …

08:17 - 05 April 2023

Revenue from tourism at €45.6 million in January 2023

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year

15:31 - 03 April 2023

What makes Cyprus a ‘Promised Land’ for British pensioners

British pensioners have listed Cyprus and Greece as amongst the favourite destinations to spend their retirement, according to a new …

11:22 - 03 April 2023

DBRS Morningstar confirms Cyprus at BBB, stable trend

DBRS Morningstar has confirmed the Republic of Cyprus’ Long-Term Foreign and Local Currency – Issuer Ratings at BBB and the …

08:12 - 03 April 2023

Cyprus unemployment at 7.3% in February

The seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023

16:20 - 31 March 2023

IMF anticipates Cyprus economic activity growth in 2024

An International Monetary Fund (IMF) mission has found that economic activity in Cyprus is anticipated to decelerate this year before …

13:31 - 31 March 2023

Eurostat: EU population to drop by 6% and Cyprus’ to rise to 1 million by 2100

The population of the EU is anticipated to decrease by 6% between 1 January 2022 and 1 January 2100, while …

08:52 - 31 March 2023

Hourly labour cost at €19.4 in Cyprus, below EU and eurozone average

In 2022, the average hourly labour costs in the whole economy were estimated to be 30.5 euro in the EU …

08:43 - 31 March 2023

Industrial production down 0.9% y-o-y in January

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

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Economy

Cyprus’ sustainable bond attracts highest investor interest on record

Current account deficit rose to 9.1% of GDP in 2022

ECB Chief Economist notes "significant progress" of Cypriot economy

Cyprus unemployed up 2.7% in March

Cyprus issues inaugural €1b sustainable bond

Eurobank officially increases stake in Hellenic Bank

House prices down in Q4 last year but still high compared to 2021

ECB Executive Board member, Philip Lane to visit Cyprus

MPs discussing new relaxations to encourage the repatriation of high income workers to Cyprus

French Ambassador and Energy Minister discuss energy issues

Cyprus records surplus amounting to €300 million in 2022

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