Cyprus’ bus stops to get €60m upgrade

The plan is to build 1,000 new bus stops, around 5m long, and upgrade existing ones

09:02 - 15 June 2023

Job vacancy rate at 2.8% in Q1 2023

The number of job vacancies in Q1 of 2023 reached 12,328, up by 4,507 or 57.6%, compared to the previous …

16:14 - 14 June 2023

FinMin travels to Luxembourg for Eurogroup and Ecofin meetings

Cyprus’ 14th post-programme monitoring report will be discussed during the Eurogroup meeting

13:07 - 14 June 2023

Deputy Minister for Tourism exploring prospects in UAE

Koumis, is visiting Dubai and Abu Dhabi to explore tourism prospects from the UAE and the wider region

07:48 - 14 June 2023

Annual drop in government employment by 2.7% in May

Total government employment decreased in May 2023 by 1,472 persons

08:12 - 13 June 2023

Commission supports Halloumi production by Turkish Cypriot community with €1m

The project will help to fully eradicate animal diseases that affect milk-producing livestock in the areas not under the effective …

09:28 - 09 June 2023

Strategic Framework of Fiscal Policy approved by Cabinet

The Policy sets the Government’s strategic directions and economic policy priorities for the next three years.

08:29 - 09 June 2023

Cabinet approves bill to regulate remote working

The Labour Minister said the bill will provide for greater flexibility at work and that it is quite a big …

08:29 - 09 June 2023

Parliament approves reduced VAT rate for first homes

MPs approved a law allowing for a reduced VAT rate of 5% on the first 130 sq.m. of primary residences …

08:18 - 09 June 2023

Energy Minister to hold discussions on energy and investment issues in London

Papanastasiou will discuss issues related to energy and investments in the UK on 8 and 9 June

12:46 - 08 June 2023

Residential Property Price Index up by 6.6% in Q4 2022

Increased construction costs and increased demand led housing prices to continue their upward trend

08:37 - 08 June 2023

Eurobarometer study finds dissatisfaction with cost of living in Cyprus

A large percentage is not satisfied with government or EU measures against the high cost of living

09:29 - 07 June 2023

Eurostat: Retail trade in Cyprus increased by 9.4% in April annually

Cyprus had the largest annual increase in retail trade volume among EU member states in April compared to last year

08:22 - 07 June 2023

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Economy

Cyprus’ bus stops to get €60m upgrade

Job vacancy rate at 2.8% in Q1 2023

FinMin travels to Luxembourg for Eurogroup and Ecofin meetings

Deputy Minister for Tourism exploring prospects in UAE

Annual drop in government employment by 2.7% in May

Digital platform work must be regulated Panayiotou said after Employment Council

Presenting the most preferred brands of car for rental

Motor vehicle registrations up 25% on an annual basis in January-May 2023

President says Cyprus to become attractive destination for investments (video)

Solvency ratio at 21.2% at the end of 2022 for Cyprus banking sector

Employment and actual work hours up in Q1 2023

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