Price of building materials dropped further in June

Prices have been on a downward trend since August 2023, declining by an annual 0.70% in June

16:28 - 18 July 2024

New projects and developments taking shape as Troodos upgrade continues

Commissioner for the Development of Mountain Communities Charalambos Christofinas has given an update on the projects

08:44 - 18 July 2024

Limassol port and Nicosia perimeter motorway among 134 EU transport projects sharing €7b support

The €7 billion is set aside for 134 transport projects all over the EU within the Connecting Europe Facility framework

08:28 - 18 July 2024

Our goal for tourist arrivals this year has been achieved, Deputy Minister says

He added that in recent months, solutions have been given in relation to the labour issues in the tourism industry

07:47 - 18 July 2024

Tourist arrivals exceed 1.6 million in first half of 2024

Arrivals in June alone, the first summer month, rose by 5.5% compared to June 2023

07:46 - 18 July 2024

Cyprus closing in on first ‘A’ Fitch rating in 13 years

The Cypriot economy in June of this year returned to where it was in the summer of 2011

07:58 - 16 July 2024

Minister asks for EU support for efforts to revitalise Cypriot countryside

The aim, Maria Panayiotou said, is to make small and medium-sized production in rural areas viable and competitive

07:38 - 16 July 2024

Finance Minister in Brussels for Eurogroup and Ecofin

At the Ecofin meeting on 16 July, it is expected that the amendments to the Cyprus Recovery and Resilience Plan …

08:02 - 15 July 2024

Ministries presenting flagship actions for 2025 state budget

Government Spokesman Konstantinos Letymbiotis said the goal was for the budget to capture the President's vision

07:56 - 15 July 2024

Invest Cyprus participates in 'Cyprus as a Destination of Opportunities for Indian Businesses' webinar

It presented the benefits of Cyprus as a business and investment destination for Indian companies and investor

07:11 - 13 July 2024

House approves €8.4m supplementary budget for Larnaca port

The funds will go to the Cyprus Ports Authority to pay compensations following termination of the Kition contract

09:35 - 12 July 2024

Minister receives electricity interconnection study, agencies to give their positions in two months

George Papanastasiou said the preliminary views of the agencies that will assess the study will be given in two months

08:14 - 12 July 2024

Government employment up 4.8% in H1

In June 2024, total government employment reached 54,153 persons

08:08 - 12 July 2024

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Economy

Price of building materials dropped further in June

New projects and developments taking shape as Troodos upgrade continues

Limassol port and Nicosia perimeter motorway among 134 EU transport projects sharing €7b support

Our goal for tourist arrivals this year has been achieved, Deputy Minister says

Tourist arrivals exceed 1.6 million in first half of 2024

Farah Shammas: A successful tourism industry requires excellent private and public sector collaboration

Harmonised inflation stable at 3% in June

CAP must aim to ensure fair incomes for producers, Panayiotou stressed in Brussels

Turnover value index in Transport and storage drops by 1.9% in Q1 2024

Ukraine must remain a top priority, FinMin tells Ecofin

New €35.8m phase of Nicosia Perimeter Motorway announced

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