Markets rebound as Trump signals cutting China tariffs 'substantially'

Global markets reversed course following rump’s shift in tone on both China and Federal Reserve Chair Jerome Powell

07:47 - 24 April 2025

Fiscal surplus €1.4b in 2024, at 4.3% of GDP

In 2024, total revenue increased by €1,175.7m (8.6%) and amounted to €14,857.2m

07:40 - 24 April 2025

Cyprus GDP at €33,567m in 2024, growth rate at 3.4% in real terms

At the same time, GDP at volume measures was at €28,749.6

07:36 - 24 April 2025

Growth forecast to be revised slightly downwards, Keravnos says

The Finance Minister said that "we are living in a period of great uncertainties and a volatile economic environment"

07:34 - 24 April 2025

As billionaires abandon the UK, now is the time for Cyprus to showcase its non-dom benefits

With HNWIs such as Nassef Sawiris leaving the UK, Cyprus must make the most of the opportunity to attract new …

07:12 - 24 April 2025

Retailers - supermarkets satisfied with Easter essentials demand

Increased prices in essential goods may be the reason why there was no increased consumer interest in other products

07:34 - 22 April 2025

The essential ingredients for Cyprus’ future as an international business and financial hub

A panel at the 15th Nicosia Economic Congress addressed some critical issues, including the strategic use of the potential of …

07:00 - 19 April 2025

Tourist arrivals up 7.5% in Q1, down 0.8% in March

At the same time trips abroad by Cypriot residents were up in March by 13.9%, CyStat said

14:52 - 17 April 2025

Cyprus-Germany Business Association holds networking event in Nicosia

It brought together professionals from various industries, preparing the ground for new business opportunities

11:40 - 17 April 2025

Makis Keravnos urges structured dialogue between EU-USA on tariffs

Finance Minister tells reporters that the government believes this is the only way to reach a mutually beneficial outcome

11:05 - 17 April 2025

New era at CIBA with Vassilios Demetriades at the helm

The Cyprus International Businesses Association (CIBA) held its Annual General Meeting (AGM) in Limassol

09:01 - 17 April 2025

Cabinet approves bills for national unit to implement economic sanctions

The news was announced by Finance Minister Makis Keravnos following the session

08:32 - 17 April 2025

Second-placed Cyprus among the EU members transporting most freight by sea in 2023

More than 95% of freight was transported by sea in Portugal (98.2%), Cyprus (96.5%) and Greece (96.4%) Eurostat said

07:16 - 17 April 2025

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Economy

Markets rebound as Trump signals cutting China tariffs 'substantially'

Fiscal surplus €1.4b in 2024, at 4.3% of GDP

Cyprus GDP at €33,567m in 2024, growth rate at 3.4% in real terms

Growth forecast to be revised slightly downwards, Keravnos says

As billionaires abandon the UK, now is the time for Cyprus to showcase its non-dom benefits

Limassol district agrotourism enjoying wine and gastronomy boost

Maria Kouroupi on the summer season’s prospects following a positive winter

Cyprus recorded the second highest government surplus in the EU in 2024, according to Eurostat

IMF downgrades Cyprus growth rate for 2025 to 2.5%

Egg prices up annually in EU and Cyprus to a lesser extent, according to Eurostat

US stocks and dollar plunge as Trump attacks Fed chair Powell

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