Cyprus sees small reduction in unemployment in February according to Eurostat

In February 2024, the seasonally adjusted unemployment rate in Cyprus was 6.4%

07:41 - 04 April 2024

Papanastasiou: The barrier has been overcome the way opened for exploitation of the ‘Aphrodite’ deposit

He also revealed that CEO of ENI was anticipated to visit Cyprus at the end of April in connection to …

15:02 - 03 April 2024

We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

The Ministry's actual expenditure amounted to about €435 million, Minister Maria Panayiotou also noted

08:21 - 03 April 2024

Cyprus government to request cost-benefit study for Great Sea Interconnector

He said previous studies have been done, however the energy environment is changing

08:20 - 03 April 2024

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

The EU’s accommodation and food service sector employed 9.9 million people

08:17 - 03 April 2024

KEDIPES to pay the state €140m in Q1

This is the largest quarterly payment in cash to the state, since the start of its operations in 2018

08:26 - 29 March 2024

€35.3 m support measures announced – Who benefits and by how much

Hundreds of thousands of individuals, families and businesses stand to benefit from the new measures

14:59 - 28 March 2024

President calls for acceleration of tax reform

Christodoulides has asked the Advisory Committee for Tax Reform to speed up the completion of the reform

14:05 - 28 March 2024

Cabinet convening to extend targeted support measures

According to CNA sources, the government will not renew the zero excise tax on fuels which expires at the end …

10:29 - 28 March 2024

FinMin welcomes Commission’s In-Depth review on Cyprus

The review, among other things, said that the Cypriot economy is on a sound footing due to solid economic growth

07:57 - 28 March 2024

State budget deficit up by €80 million in 2023

Specifically, the final state budget deficit for 2023 amounted to €0.98 billion compared to €0.90 billion in 2022

07:54 - 28 March 2024

Cyprus and Israel Energy Ministers agree to promote joint energy projects

George Papanastasiou and Eli Cohen discussed the issue of cooperation in the field of energy, which holds great potential for …

07:49 - 28 March 2024

EU to support establishment of asset management office in Cyprus

The European Union has said it will support a series of reform support projects on the island

07:45 - 28 March 2024

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Economy

Cyprus sees small reduction in unemployment in February according to Eurostat

Papanastasiou: The barrier has been overcome the way opened for exploitation of the ‘Aphrodite’ deposit

We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

Cyprus government to request cost-benefit study for Great Sea Interconnector

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

Average gross monthly earnings up 6.2% annually in Q4, 2023

‘Aphrodite’ development and production proposal submitted to government

CI revises οutlook on Cyprus’ Long-Term Foreign Currency rating to positive

Bank deposits and loans record sharp increase in February

Hadjimanolis: Cypriot-flagged ships increased 5.5% in past six months

Industrial production up 4.2% in January

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