Harmonised Index of Consumer Prices up by 2.3% in 2024

The largest change was observed in the category Restaurants and Hotels (5.5%)

16:15 - 17 January 2025

Tourist arrivals in Cyprus exceed four million for the first time

There were 4,040,200 arrivals in 2024, compared to 3,845,652 in 2023 and 3,976,777 in 2019, the previous record year

15:30 - 17 January 2025

Authority against Corruption investigates 12 complaints after reviewing 110

Commissioner for Transparency Haris Poyiadjis presented the Authority's annual report to President Christodoulides

08:03 - 17 January 2025

Improved tourist flow expected in 2025, Hoteliers' Association President predicts

Recent government incentives have seen most hoteliers significantly upgrading their hotels, Thanos Michaelides also said

07:59 - 17 January 2025

Christodoulides Cyprus Gaming and Casino Supervision Commission

Christodoulides: We will not allow Cyprus to be used for illegal activity

The President was receiving the Annual Report 2022-2023 of the Cyprus Gaming and Casino Supervision Commission

07:45 - 17 January 2025

MPs preparing laws criminalising market collusion and unfair terms of contract

The two bills have been proposed by MPs Kyriakos Hadjiyiannis and Stavros Papadouris respectively

08:27 - 15 January 2025

CBC to increase countercyclical buffer rate to 1.5% from 14 January 2026

The quarterly assessment of the intensity of the cyclical systemic risk identified increased cyclical systemic risks

07:43 - 15 January 2025

Moneygate’s Nicolas Treppides: The EMIs sector is expected to show significant growth for another year

The company founder also suggests the government do more to further incentivise substantial foreign investment

07:14 - 15 January 2025

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Papanastasiou: ETYFA launching tender to select the Prometheus’ next destination

The ship will remain in Malaysia for another two to three months to undergo necessary modifications

13:37 - 14 January 2025

Cyprus flag promoted at Advisory Committee of Competitiveness meeting

The Shipping Deputy Ministry said current challenges facing global shipping were also discussed at the meeting

11:49 - 14 January 2025

Government employment up 3.1% in 2024

This increase is mainly attributed to the increase of the Educational Service casual staff

07:37 - 14 January 2025

Financial Ombudsman calls for fewer restrictions on out of court settlements

Valentina Georgiadou expressed concerns that the current limits on mediator appointments have hindered the process

07:12 - 14 January 2025

Tannousis Philiokypros_Nero AI_Photo_Face

Cyprus a top investment destination, Tannousis tells investors in Cairo

Invest Cyprus CEO Marios Tannousis was in Cairo during the recent Cyprus, Greece, and Egypt trilateral summit

13:05 - 13 January 2025

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Economy

Harmonised Index of Consumer Prices up by 2.3% in 2024

Tourist arrivals in Cyprus exceed four million for the first time

Authority against Corruption investigates 12 complaints after reviewing 110

Improved tourist flow expected in 2025, Hoteliers' Association President predicts

Christodoulides: We will not allow Cyprus to be used for illegal activity

Interest rates show downward trend in November 2024

DBRS: Cyprus’ GDP to maintain robust growth, while challenges remain

President to head investment mission to US, Government Spokesman reveals

Cyprus can become a top sports' tourism destination, says Basketball Federation

Cabinet announces establishment of the Cyprus Defence Industry Council

Cabinet approves €1.5m budget for dredging and renovation of Larnaca Marina

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