How much tourists spend a day in Cyprus

Revenue from tourism reached €56.6m in February 2023 compared to €39.6m in the corresponding month of the previous year, recording …

08:39 - 10 May 2023

April sees 6.3% rise in motor vehicles registrations, also up by 23.4% in Q1

An increase of 6.3% was recorded in April 2023 in the registration of motor vehicles with the figure reaching 2,987, …

08:04 - 10 May 2023

Invest Cyprus: Present at the 76th Cannes Film Festival

Swedish reality show The Challenge and a film production based on the 1989 Oscar-winning film Shirley Valentine are just a …

07:00 - 10 May 2023

New minister: We are redefining our energy strategy

The green transition is a top priority for the new government, as is reducing electricity costs to help the local …

15:01 - 09 May 2023

Labour Minister Panayiotou calls for compromise on CoLA

Labour Minister Yiannis Panayiotou believes ongoing consultations on CoLA will soon end with a positive result, he told the audience …

13:37 - 09 May 2023

Eurostat data shows price increase in oils - fats in Cyprus and EU are slowing down

The prices for oils and fats increased by 27% in March 2023 compared to March 2022 in Cyprus

07:45 - 09 May 2023

13th Nicosia Economic Congress to take place

The 13th Nicosia Economic Congress will be held at the Hilton Nicosia this morning to examine the current state of …

07:00 - 09 May 2023

A total of 35 cheques bounced in April

A total of 35 bounced cheques were registered in the Central Information Registry (CIR) for bad cheques in April, the …

16:25 - 08 May 2023

13th Nicosia Economic Congress takes place on 9 May

The 13th Nicosia Economic Congress, which takes place on 9 May at the Hilton Nicosia, will examine the current state …

14:36 - 05 May 2023

DBRS: Cyprus’ growth to remain strong, fiscal outlook exposed to risks

While Cyprus’ economic growth is expected to remain strong, the economic and the fiscal outlooks are exposed to significant downside …

12:01 - 05 May 2023

Crucial CoLA meeting not getting off to best start

A crucial meeting between trade unions, employers’ federations and the Labour Minister to reach a compromise over the cost of …

09:46 - 05 May 2023

Zero VAT rate on basic daily goods comes into effect

The zero VAT rate on bread, milk, eggs, children's food, diapers, feminine hygiene products, and adult diapers came into effect …

09:26 - 05 May 2023

April inflation lowest in 21 months

Cyprus' inflation dropped 3.7% in April compared to the same month last year, registering the lowest reading of the last …

07:56 - 05 May 2023

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Economy

How much tourists spend a day in Cyprus

April sees 6.3% rise in motor vehicles registrations, also up by 23.4% in Q1

Invest Cyprus: Present at the 76th Cannes Film Festival

New minister: We are redefining our energy strategy

Labour Minister Panayiotou calls for compromise on CoLA

Herodotou: CBC initiatives to combat banking sector challenges

ICPAC GM: Cyprus needs to revise its economic model

P. Markou: A simpler and more functional tax system is needed

President reveals that significant new investments are on the way

Christodoulides: USA data on the sanctions in the hands of the AG - "Let's put an end to this issue"

Larnaca Mayor: Development of former refineries area to begin within a year or two

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