Non-Performing Loans down by €105 million in Q1 2023

The ratio of NPLs to total loans dropped to 9%, from 9.5% at the end of the last quarter

08:04 - 21 June 2023

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100 days in office: President underlines need for targeted social measures for a strong economy

Christodoulides stated that the country should observe fiscal discipline with a view to maintaining a strong economy

08:01 - 21 June 2023

FinMin and CBC Governor highlight need for financial stability

Keravnos and Herodotou have highlighted the need for the preservation of financial stability

07:56 - 21 June 2023

Tourist arrivals in Cyprus up by 33% annually in May

Tourist arrivals for Cyprus reached 420,076 in May 2023 compared to 315,018 in May 2022

16:00 - 20 June 2023

Tourism Deputy Minister heads CCCI delegation to Kazakhstan

Representatives of Cypriot companies from various sectors of the economy are participating in the mission

14:26 - 20 June 2023

President underlines reforms towards an innovative economic model for Cyprus

He said comprehensive reforms may establish Cyprus as a player in the future digital economy

12:20 - 16 June 2023

Broad public sector employment sees modest growth in Q1

Employment in the Broad Public Sector rose by a modest 274 persons (0.4%) in the first quarter of 2023 y-o-y

09:02 - 16 June 2023

ESM on Cyprus: Risks to debt constrained

Report highlights strong growth of Cypriot economy, partially due to smaller-than-expected impact from war in Ukraine

08:27 - 16 June 2023

International investment community in Cyprus in October to explore Investment Funds

Cyprus will be hosting two major events related to the rapidly growing Mutual Funds sector

08:27 - 16 June 2023

Cyprus calls for EU ship recycling regulation capacity upgrade

With the rise of stringent environmental regulations, the shipping sector is facing the premature recycling of many vessels

14:02 - 15 June 2023

Labour Minister supports global coalition for social justice in the workplace

Yiannis Panagiotou expressed his support for the Global Coalition for Social Justice at the 111th ILO Annual Conference

13:27 - 15 June 2023

Government increases interest on six-year bonds

The Public Debt Management Office announced an increase on six-year nominal government bonds for individuals

13:15 - 15 June 2023

Fuel prices to go up after government measure expires

The government has announced that it will end the emergency support measures for households and businesses

11:19 - 15 June 2023

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Economy

Non-Performing Loans down by €105 million in Q1 2023

100 days in office: President underlines need for targeted social measures for a strong economy

FinMin and CBC Governor highlight need for financial stability

Tourist arrivals in Cyprus up by 33% annually in May

Tourism Deputy Minister heads CCCI delegation to Kazakhstan

Cyprus advances against financial crimes, challenges persist, Moneyval says

Eurostat: 93% of general government gross debt in Cyprus held by non-residents

KEDIPES: €1b repaid to the state so far

Fitch affirms Cyprus at 'BBB'; outlook stable

Cyprus employment under the microscope

Annual inflation rate in Cyprus drops to 3.6% in May

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