Fitch upgrades Cyprus’ long-term credit rating

By one notch to ‘BBB’ with a stable outlook, citing outperformance of fiscal balance and growth rate

08:44 - 13 March 2023

Invest Cyprus: Investment relations between Saudi Arabia and Cyprus are entering a new era

The Ministry of Finance of the Republic of Cyprus and the Ministry of Investment of the Kingdom of Saudi Arabia …

08:39 - 13 March 2023

UCY Professor sees little risk of financial fallout in Europe from SVB’s collapse

Stavros Zenios professor of Finance at the University of Cyprus said he sees a small risk for a fallout to …

08:25 - 13 March 2023

Finance Minister Keravnos in Brussels for Eurogroup and Ecofin meetings

Minister of Finance Makis Keravnos is in Brussels to take part in the Eurogroup and Ecofin meetings.

08:13 - 13 March 2023

Parliament rejects bill on new foreclosures moratorium

The House has rejected a bill delaying property foreclosures for another three months.

10:41 - 10 March 2023

Larnaca-Piraeus ferry link to offer a further boost to local travel industry

The new connection from Larnaca will launch in early August, with weekly trips on Wednesdays and weekends until mid-September

11:04 - 08 March 2023

Central Bank to host international conference on financial literacy

The CBC said that the conference is being held as part of its coordinating role in promoting Financial Literacy and …

08:52 - 08 March 2023

Finance Minister meets with Economy and Competitiveness Council

Members presented Makis Keravnos with the Long-Term Strategy Plan for the Sustainable Growth of the country’s economy

08:40 - 08 March 2023

Hadjimanolis: We have an ambitious vision and clear objectives for Cypriot shipping

Shipping Deputy Minister Marina Hadjimanolis says a holistic approach and turning challenges into opportunities is the right way forward for …

08:35 - 08 March 2023

Koumis: Hopes for over 200,000 tourists from Germany this year

Prospects from the German market are particularly encouraging, new Tourism Deputy Minister Costas Koumis has told CNA.

08:24 - 08 March 2023

CBC Governor: Cyprus to record above euro area average growth in 2023

The Cyprus economy is expected to grow by 2.5% in 2023, well above the euro area average of 0.5%

08:08 - 08 March 2023

Gender pay gap narrower in rural areas in EU and Cyprus

Cyprus is sixth when it comes to the overall gender gap, both when it comes to cities as well as …

11:58 - 07 March 2023

Volume of retail trade up 1.1% in January compared to December

In December 2022, the retail trade volume had decreased by 0.2% in Cyprus

08:38 - 07 March 2023

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Economy

Fitch upgrades Cyprus’ long-term credit rating

Invest Cyprus: Investment relations between Saudi Arabia and Cyprus are entering a new era

UCY Professor sees little risk of financial fallout in Europe from SVB’s collapse

Finance Minister Keravnos in Brussels for Eurogroup and Ecofin meetings

Parliament rejects bill on new foreclosures moratorium

Labour Minister calls for constant upgrade in employees’ knowledge and skills

Number of building permits decreased in 2022

Mayor of Larnaca: Ferry connection to Piraeus will help Cyprus tourism

Cyprus had EU's third largest GDP increase in Q4 last year

Registration of saloοn cars down 1.9% in February

Total employment up in Q4 2022

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