Net new loans and renegotiations decreased in August

Renegotiated loans decreased to €318.7m in August from €369.5m in July; new loans were down by €71.2m

08:57 - 05 October 2023

CBC: Deposit rates slightly up in August

Lending rates increased only in consumer loans, with all other categories seeing a decline

08:38 - 05 October 2023

Major changes ahead for shipping, Dep. Minister says

Marina Hadjimanolis was speaking ahead of “Maritime Cyprus 2023”, taking place 8-11 October in Limassol

08:24 - 05 October 2023

UK “has no intention to begin directly importing products” from occupied Cyprus

Minister of State Lord Tariqu Ahmad reiterated that multilateral agreements limit links with the illegal regime

08:03 - 05 October 2023

Elena Damianou: Full digitalisation of investor procedures to be completed by end-2024

The head of the government’s Business Facilitation Unit talks about how the unit helps investors set up shop in Cyprus

07:08 - 05 October 2023

Revenue from tourism up 26.9% y-o-y in first seven months of this year

Tourism revenue was up every month of this year, when compared to the same month of 2022

13:24 - 03 October 2023

Real monthly earnings decline for first time in 7 years in 2022

The decline was brought on by high inflation, Cyprus' statistical service said

09:09 - 03 October 2023

Online bookings continue to rise in Cyprus

Bookings through online platforms like Airbnb and Booking.com and TripAdvisor continued to steadily rise in Q1

08:39 - 03 October 2023

Eurostat: Cyprus unemployment stable at 6.6%

The number of unemployed persons remained unchanged compared to July as well as August last year

08:02 - 03 October 2023

FinMin: Government considering new support measures

He said the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar

15:04 - 02 October 2023

GRECO: Time is right for anti-corruption policy for top officials in Cyprus

The report says while the legislation has strong features on paper, its effectiveness is compromised by institutional flaws

11:13 - 02 October 2023

CI Ratings: Cyprus sovereign ratings affirmed

According to the credit analysis and ratings agency, the outlook on the ratings also remains Stable

10:16 - 02 October 2023

Energy Minister discussing green transition in Abu Dhabi

George Papanastasiou is attending the International Exhibition and Conference on Energy Issues ADIPEC 2023

09:58 - 02 October 2023

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Economy

Net new loans and renegotiations decreased in August

CBC: Deposit rates slightly up in August

Major changes ahead for shipping, Dep. Minister says

UK “has no intention to begin directly importing products” from occupied Cyprus

Elena Damianou: Full digitalisation of investor procedures to be completed by end-2024

September’s registered unemployed at 15-year low

Latest positive ratings mark end of 2013 crisis, economists say

Luis de Guindos praises Cyprus’ economic progress

FinMin to deliver 2024 state budget to House President

De Guindos to address Central Bank of Cyprus' 1st Annual Conference

Tomassini: How to future-proof the European Maritime Industry

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