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

The approach to rate cuts must be gradual and data-driven, the Central Bank of Cyprus Governor suggests

15:22 - 21 November 2024

Central Bank Govenor Christodoulos Patsalides

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

Christodoulides discussed the issue with Member of the European Court of Auditors Lefteris Christoforou

08:01 - 20 November 2024

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

The broader market mood shifted in European morning trade, with investors fleeing the FTSE 100 and wider European stock markets

15:42 - 19 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

Papanastasiou Larnaca Chamber of Commerce

Cyprus registers fastest GDP growth rates in the EU, Commerce Minister says

Papanastasiou also hailed this this year’s positive export course, rising by 4% year on year, reaching €1.22 million

07:23 - 19 November 2024

IMR Research pinpoints the popular retailers

Where Cypriots shop online most frequently and how much they spend

11:11 - 18 November 2024

Cruise ship arrivals at Limassol port down, but prospects for recovery are excellent

For 2025, DP World Limassol pointed out that so far more than 145 cruise arrivals have been booked for Limassol

08:22 - 18 November 2024

Commission expects robust growth in Cyprus the next two years in Autumn 2024 Economic Factors

The Commission expects annual growth in Cyprus to be at 3.6% for 2024

07:54 - 18 November 2024

Panayiotou to take part in EU Council of Agriculture and Fisheries Ministers

The condition of agricultural markets and commodities is among the main topics on the agenda

07:45 - 18 November 2024

President: Energy giants from Gulf Countries express interest in Cyprus’ EEZ

Nikos Christodoulides also said efforts are underway to develop the “Aphrodite” gas field, with developments expected in January

11:22 - 15 November 2024

Finance Minister requests supplementary budget of €109.5m

He said it is balanced and all additional appropriations have been secured from equal savings in the 2024 budget

10:29 - 15 November 2024

Invest Cyprus: 2023 performance and 2024 strategy - Tech sector leads the way

Invest Cyprus held its Annual General Meeting on 14 November at the Ministry of Finance

09:17 - 15 November 2024

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Economy

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

Cyprus' harmonised inflation rises by 1.6% in October

Number of investment funds rises marginally in September but assets drop

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

CMMI joins Next Blue Generation project 3rd consortium meeting

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

Construction material prices rise marginally in October

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

Keravnos-Christoforou discuss implementation of EU-funded projects

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