Monthly earnings of employees in Cyprus rise 7.3% in 2023

Significant differences are recorded based on gender, nationality, and industry, with the ICT and Financial Activities salaries increasing most

07:58 - 07 November 2024

Increasing wage adequacy a strategic goal for the government, Spokesperson says

"Strengthening wage adequacy is a strategic objective of the Government," Konstantinos Letymbiotis said

07:56 - 07 November 2024

Subsea surveys for €1.9 billion GSI underway, IPTO Chairman says

Manos Manousakis, Chairman and CEO of the Greek Independent Power Transmission Operator was commenting in Athens

07:38 - 07 November 2024

Labour Minister outlines new demographic measures and timeline

The measures include extra parental leave and increased financial support for new mothers

15:20 - 06 November 2024

How Donald Trump's election as US President may impact Cyprus' economy

What experts in Cyprus anticipate the election result's effect will be on the island’s economy and business scene

10:42 - 06 November 2024

Marios Andreou: How and why Cyprus can benefit from the abolition of the UK non-dom

The Partner, Tax Advisory, Head of UK & India Market at PwC Cyprus discusses the upcoming changes to the UK's …

08:48 - 05 November 2024

The country's demographic recovery is a top national priority, President says

Measures include increasing the allowances and extending the afternoon opening hours of nurseries and childcare centres

07:59 - 05 November 2024

Annual increase of 4.9% to the disposable income of households

The gross disposable income for the total economy amounted to €27,981.9m and the gross saving to €3,463.0m

07:45 - 05 November 2024

Central Bank Govenor Christodoulos Patsalides

Cyprus Central Bank launches transformation strategy for 2025-2026

Presenting the strategy, CBC Governor Christodoulos Patsalides stressed the necessity of rapid transformation

07:40 - 05 November 2024

Deputy Minister of Shipping discusses deepening Cyprus-Egypt collaboration

Marina Hadjimanolis paid an official visit to Egypt from 29 to 31 October, following an invitation from her counterpart

15:11 - 04 November 2024

Energy Minister to meet with counterparts and energy executives in Abu Dhabi

Papanastasiou will take part in a Ministerial Discussion on increasing collaboration between the Global North and South

15:08 - 04 November 2024

Cyprus had largest increase of tax to GDP ratio in the EU according to Eurostat

The overall ratio for Cyprus remained below the EU average, in itself decreasing slightly during the same period

12:00 - 04 November 2024

Retail trade marks annual gains both in value and volume in September

The Turnover Value Index of Retail Trade for September 2024 increased by 3.1% compared to September 2023

11:00 - 04 November 2024

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Economy

Monthly earnings of employees in Cyprus rise 7.3% in 2023

Increasing wage adequacy a strategic goal for the government, Spokesperson says

Subsea surveys for €1.9 billion GSI underway, IPTO Chairman says

Labour Minister outlines new demographic measures and timeline

How Donald Trump's election as US President may impact Cyprus' economy

Industrial Turnover Index records monthly and annual increase

Value of bounced cheques issued in Cyprus drops by annual 65%

Unemployment shows annual decrease of 15.7%

Cyprus taking part in London's World Travel Market with 55 exhibitors

Energy Minister discusses work progress on "Aphrodite" development with Chevron

Marios Tannousis: Attracting UK non-doms will bring about a string of benefits for Cyprus

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