Government to enhance primary sector's competitiveness Agriculture Minister says

According to Petros Xenophontos, the non-negotiable objective is to revitalise the rural population

08:12 - 18 December 2023

Cyprus requests two payments for €152m from Recovery & Resilience Mechanism

Cyprus’ new Recovery and Resilience Plan with a total budget of €1.22 billion includes 136 measures

07:49 - 18 December 2023

Debate on budget begins at the House of Representatives

The first day will start with a brief overview of the report from the House Financial and Budgetary Affairs Committee

07:41 - 18 December 2023

Labour cost up 5.6% in third quarter of this year

The Index serves as an indicator of inflationary pressure that may arise from developments in the labour market

16:25 - 15 December 2023

Airport passenger traffic surpasses pre-pandemic record says Transport Minister

This year 157 routes were offered by 56 airlines, providing connectivity to 39 countries

15:17 - 15 December 2023

FinMin welcomes newly-passed foreclosures framework

The Ministry said the debate around amendments to the foreclosures framework has now “been exhausted”

08:39 - 14 December 2023

Cyprus’ banks have second lowest deposit rates in EU

European Banking Authority report also showed that Cyprus had the EU's second highest return on equity at 26.3%

08:08 - 14 December 2023

Successful Cyprus business mission to New York

The aim was to highlight Cyprus as an international business hub and a gateway to Europe, the Middle East and …

07:10 - 14 December 2023

Updated "Aphrodite" gas field plan with FPU inclusion, Energy Minister says

A Floating Production Unit (FPU) above the gas field will be an essential plan of the new agreement

08:05 - 13 December 2023

Milestones from 2nd & 3rd tranche of NRRP completed, says Spokesman Letymbiotis

16 milestones of the National Recovery and Resilience Plan have been successfully completed

08:02 - 13 December 2023

We need to safeguard the economy’s upward trend, Finance Minister says

Keravnos also welcomed the 8 December vote in the Parliament on the government’s bills on foreclosures

08:04 - 12 December 2023

Energy Ministry expects Chevron proposals for “Aphrodite” by end-March

"Aphrodite" is estimated to hold around 4.5 trillion cubic feet of gas

08:00 - 12 December 2023

Digital euro will not be a threat to the role of banks, CBC Governor says

Constantinos Herodotou says banks could and should constitute an integral part of the digital euro payment solution

07:56 - 12 December 2023

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Economy

Government to enhance primary sector's competitiveness Agriculture Minister says

Cyprus requests two payments for €152m from Recovery & Resilience Mechanism

Debate on budget begins at the House of Representatives

Labour cost up 5.6% in third quarter of this year

Airport passenger traffic surpasses pre-pandemic record says Transport Minister

Cyprus' financing needs for 2024 at €1.3b

Broad public sector employment up in Q3 of this year

Job vacancy rate at 2.9% in Q3

Commerce ministry co-organises business forum in Vienna

EC approves first amendment to Cyprus' CAP 2023-2027 strategy

NPLs continued quarterly decline in Q3

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