Antonis Antoniou re-elected to OEB helm

Antonis Antoniou has been re-elected Chairman of the Cyprus Employers and Industrialists Federation (OEB) at its annual general meeting in …

11:56 - 25 April 2023

Antoniou and Paradisiotis battle it out over OEB presidency

The Cyprus Employers and Industrialists Federation will elect its new Chairman; the Chairman of Vassiliko Cement Works and Managing Director …

09:21 - 25 April 2023

New names on Forbes list of Cyprus billionaires

Some new names have been added near the top of the list of billionaires with Cypriot citizenship included in prestigious …

07:12 - 25 April 2023

Supporting low and middle-income groups a priority, Government says

Supporting the vulnerable and low and middle-income groups is a priority, Government Spokesperson Konstantinos Letymbiotis has said.

07:59 - 24 April 2023

Fiscal surplus of €570.2 mn and fiscal debt of 86.5% of GDP for 2022

The Statistical Service has announced a fiscal surplus of €570.2 mn, which corresponds to 2.1% of GDP and a fiscal …

16:15 - 21 April 2023

Annual inflation rate drops a monthly 0.6% in March - Eurostat

The annual inflation rate in Cyprus was 6.1% in March 2023, down from 6.7% a month earlier, according to data …

14:48 - 19 April 2023

Finance Minister calls on banks to contain lending rates for first-time homebuyers

Keravnos said the Ministry believes that at this critical economic juncture, the banks could to some extent absorb part of …

14:23 - 19 April 2023

Tourist arrivals up by 61% in Q1 2023

Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in …

08:05 - 19 April 2023

FinMin launches tender for the modernisation of Companies Registrar

Cyprus Ministry of Finance has launched a tender with an estimated value of €2 million aiming to acquire services for …

08:01 - 19 April 2023

BoC, first bank in Cyprus and Greece to receive ECB’s approval to pay dividends

The Bank of Cyprus has become the first bank in Cyprus and Greece to receive approval from the European Central …

10:33 - 18 April 2023

CySEC imposes a fine of one million euro on Itrade Global (Cy) Ltd

Penalty issued over company’s failure, among other, to implement policies and procedures to monitor the activities of its Tied Agent …

15:50 - 13 April 2023

Marios Tannousis appointed new CEO of Invest Cyprus

The country’s investment promotion agency, Invest Cyprus, has appointed Marios Tannousis as its new CEO

12:11 - 13 April 2023

Credit Suisse rescue package rejected by Swiss parliament

Switzerland's parliament has rejected the government's $120.82b cash injection for Credit Suisse's merger with UBS, leaving the collapsed bank's hastily …

11:18 - 13 April 2023

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Economy

Antonis Antoniou re-elected to OEB helm

Antoniou and Paradisiotis battle it out over OEB presidency

New names on Forbes list of Cyprus billionaires

Supporting low and middle-income groups a priority, Government says

Fiscal surplus of €570.2 mn and fiscal debt of 86.5% of GDP for 2022

Construction materials prices up 8.15% in March y-o-y, slight monthly drop

Cyprus recorded highest ever trade deficit in January-February

Hourly wages up in Cyprus but still below EU average

Key economic indicator records positive y-o-y growth

Government will announce VAT reductions on essentials in coming days

Harmonised inflation at 6.1% in March

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