Employment and actual work hours up in Q1 2023

Statistics show that total employment and actual hours worked in Cyprus were up in the first quarter of 2023

09:40 - 09 June 2023

Commission supports Halloumi production by Turkish Cypriot community with €1m

The project will help to fully eradicate animal diseases that affect milk-producing livestock in the areas not under the effective …

09:28 - 09 June 2023

Cabinet approves bill to regulate remote working

The Labour Minister said the bill will provide for greater flexibility at work and that it is quite a big …

08:29 - 09 June 2023

Strategic Framework of Fiscal Policy approved by Cabinet

The Policy sets the Government’s strategic directions and economic policy priorities for the next three years.

08:29 - 09 June 2023

Parliament approves reduced VAT rate for first homes

MPs approved a law allowing for a reduced VAT rate of 5% on the first 130 sq.m. of primary residences …

08:18 - 09 June 2023

Cyprus welcomes Limassol's inclusion in the Rhapsody of the Seas' itineraries

Around 343,000 cruise ship passengers arrived in Cyprus last year, while it is expected that there will be a slight …

08:05 - 06 June 2023

Industrial producer prices rise in Cyprus in April, according to Eurostat

In April 2023, industrial producer prices increased by 0.1% in Cyprus compared to March 2023

07:54 - 06 June 2023

75%-80% occupancy at leisure businesses on long weekend, owners say

Occupancy in leisure businesses throughout Cyprus ranged from 75% to 80% during the Pentecost long weekend

07:38 - 06 June 2023

CSC President Themis Papadopoulos explores the changing face of Shipping

The Cyprus Shipping Chamber President and International Chamber of Shipping Vice Chairman explains how the maritime industry is changing

07:20 - 06 June 2023

Retail trade value surges 11.2% in April

Retail trade increased significantly in April in both value and volume metrics, according CySTAT.

08:25 - 02 June 2023

Four years of GHS: The numbers

943,978 beneficiaries registered with General Health System, 806,900 visited doctor over past year

08:09 - 02 June 2023

GDP at €6.2b in Q1; retail and tourism up

Cyprus’ Gross Domestic Product reached €6.2b in the first quarter of the year, increasing 3.4% year-on-year

07:53 - 02 June 2023

European Commission calls on Cyprus to comply with VAT rules for dwellings

Cyprus will be sent a reasoned opinion regarding the country's failure to properly apply EU VAT rules for dwellings purchased …

16:10 - 01 June 2023

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Economy

Employment and actual work hours up in Q1 2023

Commission supports Halloumi production by Turkish Cypriot community with €1m

Cabinet approves bill to regulate remote working

Strategic Framework of Fiscal Policy approved by Cabinet

Parliament approves reduced VAT rate for first homes

Energy Minister to hold discussions on energy and investment issues in London

Residential Property Price Index up by 6.6% in Q4 2022

Eurobarometer study finds dissatisfaction with cost of living in Cyprus

Eurostat: Retail trade in Cyprus increased by 9.4% in April annually

CBC: Total new loans decreased in April

Cyprus economy growth expected to slow to 2.5% in 2023, IMF forecasts

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