Registered unemployed down 13.8% in February, on annual basis

Compared to February 2023, a decrease of 2,293 registered unemployed was recorded, from 14,304 to 11,687

15:06 - 05 March 2024

Tourism Minister in Germany for ITB Berlin 2024

During his stay in Berlin, Koumis will also have scheduled meetings with his Greek, Israeli and Maltese counterparts

09:55 - 05 March 2024

Cyprus proposes a “solar bank” to finance solar industry in the EU

Papanastasiou’s proposal was made at an EU Council of Transport, Telecommunications and Energy event in Brussels

08:17 - 05 March 2024

New lending in January jumps by 47% driven by large corporate loans

Pure new loans (excluding renegotiations) in January 2024 amounted to €220 million, according to the CBC

08:15 - 05 March 2024

Deposit rates drop in January as lending rates rise, barring consumer credit

The corresponding interest rate on deposits from non-financial corporations registered a decrease to 2.11%

08:13 - 05 March 2024

Central Banks of Cyprus and Greece to sign Memorandum of Cooperation

Relations between the Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) are expected to enter a new …

15:01 - 29 February 2024

Cyprus receives greater EIB support in 2023, with heavy focus on green investments

Cyprus gained financial commitments last year from the EIB Group totalling €257 million, up from €250 million in 2022

14:42 - 29 February 2024

Industrial production in Cyprus up 2.4% in 2023

The Industrial Production Index reached 136.1 units (base year 2015=100) in December 2023

08:39 - 29 February 2024

Implementation of development expenditure at 1% in January

The Treasury of the Republic of Cyprus said it remained at the average level of the last decade

08:05 - 29 February 2024

FinMin and Research Dep. Minister agree to cooperate to promote digital transition

The digital transition is a "basic political direction" of the Government "included in the Recovery and Resilience Plan"

08:00 - 29 February 2024

Yoshio Yamawaki: It is important to make Japanese companies aware of Cyprus’ advantageous FDI environment

The Ambassador of Japan to Cyprus talks potential synergies in shipping, innovation and space exploration

07:02 - 29 February 2024

Keravnos’ message to lawyers and accountants: “We should all be pushing to establish the supervisory authority”

The Finance Minister said this was the only way for Cyprus to clear its reputation

15:06 - 28 February 2024

Energy Minister attends Investopia 2024 in Abu Dhabi

George Papanastasiou is representing the President of the Republic at the international investment conference

12:32 - 28 February 2024

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Economy

Registered unemployed down 13.8% in February, on annual basis

Tourism Minister in Germany for ITB Berlin 2024

Cyprus proposes a “solar bank” to finance solar industry in the EU

New lending in January jumps by 47% driven by large corporate loans

Deposit rates drop in January as lending rates rise, barring consumer credit

Shipping Deputy Minister to visit Athens and Brussels

Transport Minister and EIB official discuss projects' financing

Cyprus economic growth for 2023 estimated at 2.5%

CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026

Tourism revenue up 29% in December y-o-y

EIB's Kakouris: No new financing request for Great Sea Interconnector

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