Non-performing loans outside the banking system at €19.66 billion

As of 30 June, the CACs held a total of €20,977 billion in loans, of which 94% (€19,663 billion) were …

07:57 - 25 November 2024

After 13 years, Moody's upgrades Cyprus to A rating, changes outlook to stable

Cyprus has significantly reduced its government debt ratio since its peak in 2020, ranking among countries with the largest reductions

07:49 - 25 November 2024

EIB President in Cyprus for inauguration of Bank’s Nicosia office

Τhe inauguration ceremony for the EIB office will take place at the Ministry of Finance in Nicosia

11:17 - 22 November 2024

Cyprus supports strengthening of transatlantic ties through positive trade agenda

Permanent Secretary of the Ministry of Energy, Trade and Industry Marios Panayides represented Cyprus in Brussels

08:10 - 22 November 2024

RoC can become a reliable EU energy arm in East Med, says Energy Minister

ExxonMobil and US experts have also weighed in on Cyprus' potential role in the energy sector

08:02 - 22 November 2024

Cyprus' harmonised inflation rises by 1.6% in October

On a monthly basis, the index recorded a slight decline of 0.2% from September 2024

14:30 - 19 November 2024

Number of investment funds rises marginally in September but assets drop

The number of investment institutions increased, from 330 in June 2024, to 334 in September

13:45 - 19 November 2024

CSC at a high-level global Maritime Summit in Hong Kong

The Summit brought together senior government officials, shipping industry leaders and policymakers

11:15 - 19 November 2024

CMMI joins Next Blue Generation project 3rd consortium meeting

Progress and developments were discussed at the meeting, hosted by the National Technical University of Athens

08:56 - 19 November 2024

October tourist arrivals at new all-time high, as ten-month arrivals mark new record

Tourist arrivals in October 2024 amounted to 459,106 marking a new all-time high for the month

07:58 - 19 November 2024

Construction material prices rise marginally in October

The Price Index of Construction Materials for October 2024 recorded an increase of 0.13% compared to October 2023

07:55 - 19 November 2024

How the business world views the barrage of public works contract terminations

OEB Director General Michalis Antoniou and CCCI Secretary General Marios Tsiakkis share their views on the recent developments

07:38 - 19 November 2024

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Keravnos-Christoforou discuss implementation of EU-funded projects

Τhe government closely monitors the implementation of projects, the Finance Minister told the ECA representative

07:30 - 19 November 2024

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Economy

Non-performing loans outside the banking system at €19.66 billion

After 13 years, Moody's upgrades Cyprus to A rating, changes outlook to stable

EIB President in Cyprus for inauguration of Bank’s Nicosia office

Cyprus supports strengthening of transatlantic ties through positive trade agenda

RoC can become a reliable EU energy arm in East Med, says Energy Minister

Finance Minister and Dutch Ambassador discuss bilateral ties and economy

Cyprus a net recipient of EU funds in '23 says European Court of Auditors member

CySEC chief stresses the need for a Capital Markets Union

Patsalides: "The outlook for the euro area remains highly uncertain"

President-European Court of Auditors member highlight Cyprus' first place in EU fund utilisation

Stocks accelerate losses as risk aversion grips markets over Russia-Ukraine fears

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