Turnover value in retail trade grows faster than volume in May

The figures reflect the impact of price hikes on the market

07:57 - 04 July 2023

Central Bank to assume part of legal costs for lawsuits tabled by bondholders

The Central Bank of Cyprus announced it will accept requests for reduced legal costs in lawsuits

07:30 - 04 July 2023

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Cyprus tourism revenue up 17.6% y-o-y in April

Revenue reached €217.6m in April 2023, compared to €185.1m in the same month last year

15:13 - 03 July 2023

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“Crown Iris” sounds beginning of summer cruise season

Larnaca Port welcomed its first cruise ship of the year, the "Crown Iris", with traditional Cypriot treats, music and dances

09:00 - 03 July 2023

Average gross monthly earnings of employees up 7.2% yoy in Q1 2023

The average gross monthly earnings of employees during the first quarter of 2023 amounted to €2,217

08:52 - 30 June 2023

Tourism MoU between Cyprus and Saudi Arabia receives Cabinet approval

Deputy Minister Koumis says Cyprus' recognition as a tourist destination needs to increase in Saudi Arabia

15:05 - 28 June 2023

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Minister underlines measures aimed at protecting society from energy crisis

The EAC's total revenue in 2022 was €1.327 billion, Board President Despina Panayiotou Theodosiou said

08:23 - 28 June 2023

Hoteliers Association highlights need for public-private sector cooperation

President of the Republic, Nikos Christodoulides, underlined the resilience of the tourism industry

07:57 - 28 June 2023

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ENI is positive about the construction of Cyprus-Israel pipeline, Minister says

A development plan for the fields in Block 6 of the Cypriot EEZ is also expected soon

07:49 - 28 June 2023

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Cyprus Shipping Chamber President re-appointed ICS Vice Chairman

Themis Papadopoulos has been reappointed Vice Chairman of the International Chamber of Shipping

07:38 - 28 June 2023

Sales of petroleum products up 1.4% in May, year-on-year

In May 2023, the total sales of petroleum products amounted to 122,581 tonnes

14:48 - 27 June 2023

There should be no concerns over public finances, Finance Minister tells CNA

Keravnos also highlighted the need for fiscal discipline for an outward-looking economy such as Cyprus'

12:33 - 27 June 2023

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Commission proposes €574,000 in funds to support farmers in Cyprus

It is part of the support for EU farmers impacted by adverse climatic events, high input costs, and more

07:52 - 27 June 2023

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