Consultations with Chevron continue in a positive atmosphere, Energy Minister says

"Parallel consultations are also taking place and I see a positivity from both sides in order to find a common …

13:15 - 28 November 2023

Cyprus in EU discussion ahead of WTO ministerial conference

The 13th WTO Ministerial Conference will be held in Abu Dhabi on 26 - 29 February 2024

12:40 - 28 November 2023

Eurostat: Social protection health expenditure in Cyprus at 6% of GDP

In 2022, social protection sickness and healthcare expenditure, measured as a percentage of GDP, stood at 8.1% at the EU …

08:42 - 28 November 2023

Annual decline of 1.3% in petroleum product sales in October

Notable decreases were recorded in sales of kerosene (-48.1%), heating gasoil (-33.9%), and light fuel oil (-29.1%)

08:37 - 28 November 2023

Disposable income for households and non-profit institutions up by 7.2%

Despite the significant rise in spending, the savings ratio for households and NPISH experienced a notable decrease

08:33 - 28 November 2023

Eurostat: Cyprus household consumption spending rose 11.8% in 2022

The indicator had dropped by 15.9% in 2020 due to the pandemic, but started increasing again in 2021 (by 13.6%)

11:03 - 24 November 2023

Keravnos: CoLA/minimum wage review to take fiscal discipline into account

The Finance Minister convened his first Advisory Economic Committee meeting since taking office

09:19 - 24 November 2023

Tourism Minister points out need to make adaptation plans for climate change

Kostas Koumis recently participated in the Mediterranean Tourism Ministers’ Forum in Valetta, Malta

09:04 - 24 November 2023

Minister receives EuroAsia Interconnection draft study, decision in December

The EuroAsia Interconnector aims to connect the electricity grids of Cyprus, Israel, and Greece (via Crete)

08:55 - 24 November 2023

Invest Cyprus hosts event to boost US-Cyprus ties

Key Attendees included US Ambassador Julie Fisher and Deputy Minister to the President Irene Piki

11:30 - 23 November 2023

Cyprus debt-to-GDP to decline by almost 30% in end-2023 Commission says

The Commission earlier this week gave the green light to Cyprus’ draft budgetary plan for 2024

08:35 - 23 November 2023

New timeline for "Aphrodite" - Government extends deadline to 27 November

Consortium report to Tel Aviv Stock Exchange reveals new deadline

14:56 - 22 November 2023

Commission launches new ‘EU One Stop Shop' to boost Green Line trade in Cyprus

The EU OSS is designed to provide information and technical assistance to businesses and individuals

08:02 - 22 November 2023

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Economy

Consultations with Chevron continue in a positive atmosphere, Energy Minister says

Cyprus in EU discussion ahead of WTO ministerial conference

Eurostat: Social protection health expenditure in Cyprus at 6% of GDP

Annual decline of 1.3% in petroleum product sales in October

Disposable income for households and non-profit institutions up by 7.2%

A look at the proposed new citizenship framework for highly skilled professionals

FinMin in Brussels to take part in GAC meeting on the future of Cohesion Policy

Deadline on discussions with Chevron over "Aphrodite" gas field extended to December 1

Group of Qatari investment funds to visit Cyprus

Minister: State budget provides for €11.2 million for aerial firefighting means

Government to launch Mortgage-to-Rent scheme on 4 December

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