ETAP: The aim is to reposition Paphos on the tourism map

Paphos will be repositioned on Cyprus’ tourism map in the coming years, in a way that highlights and reinforces the …

07:00 - 10 April 2023

Surplus of €363 mn in General Government for the first two months of 2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023

15:30 - 07 April 2023

Total value of building permits up an annual 45.8% in January

The total value of the permits reached €241.3m and the total area 203,100 square metres

14:16 - 07 April 2023

Thirty-one bad cheques issued in Cyprus in March

A total of 31 bounced cheques were registered in the Central Information Registry for dishonoured cheques for last month

09:03 - 07 April 2023

We are shaping a modern digital State, Deputy Minister of Research says

According to Hadjizacharia, the State wants to accelerate digital transformation but also promote human-centered and sustainable digital policies

08:51 - 07 April 2023

Current account deficit rose to 9.1% of GDP in 2022

CBC data: Cyprus’ current account deficit rose significantly in 2022, reaching €2,463.3 million – that is 9.1% of the country’s …

08:04 - 06 April 2023

ECB Chief Economist notes "significant progress" of Cypriot economy

Philip R. Lane, member of the Executive Board and Chief Economist of the ECB, said he is pleased to witness …

07:37 - 06 April 2023

Cyprus unemployed up 2.7% in March

Unemployed persons in Cyprus increased by 2.7% in March compared to the same month of the previous year, according to …

14:56 - 05 April 2023

Cyprus issues inaugural €1b sustainable bond

Cyprus has issued its inaugural ten-year sustainable bond amounting to €1b with a coupon of 4.125% and a re-offer yield …

08:17 - 05 April 2023

Eurobank officially increases stake in Hellenic Bank

Eurobank has officially increased its stake in Hellenic Bank (HB) to 29.2%, after completing the acquisition of Wargaming Group’s 13.41% …

07:56 - 05 April 2023

House prices down in Q4 last year but still high compared to 2021

The House Price Index reached 108.03 units in the fourth quarter of 2022, dropping 4% compared to the third quarter …

13:25 - 04 April 2023

ECB Executive Board member, Philip Lane to visit Cyprus

Member of the ECB's Executive Board, Philip Lane will pay a two-day visit to Cyprus, following an invitation from the …

12:43 - 04 April 2023

MPs discussing new relaxations to encourage the repatriation of high income workers to Cyprus

The House Finance Committee is discussing legislation featuring new relaxations to the existing 50% tax exemptions for the repatriation of …

10:06 - 04 April 2023

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Economy

ETAP: The aim is to reposition Paphos on the tourism map

Surplus of €363 mn in General Government for the first two months of 2023

Total value of building permits up an annual 45.8% in January

Thirty-one bad cheques issued in Cyprus in March

We are shaping a modern digital State, Deputy Minister of Research says

Prices in construction rose 11.3% in 2022 y-o-y

March sees lowest annual inflation growth of past 13 months

ECB Chief Economist: Decisions to be based on inflation, interest rates (video)

Cyprus' 10-year Sustainable bond closes at €12.1b with 4.125% interest

Second L' Étape Cyprus by Tour de France takes place this November

Cyprus’ sustainable bond attracts highest investor interest on record

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