Inflation decelerates in July after three months of increases

The inflation rate increased by 2.1% in July, having increased by 2.9% in June, 2.7% in May, and 2.36% in …

08:14 - 02 August 2024

General Government records €424.5m surplus in H1

During January-June 2024, total revenue increased by €800.1m (+14.5%) and amounted to €6,313.2m

10:12 - 01 August 2024

Industrial output prices down 2.4% y-o-y in June

For the period January-June 2024, the index dropped 3.1% compared to the corresponding period of 2023

09:52 - 01 August 2024

Pure new loans up by €95.7m in June

Deposit rates increased while there were mixed trends when it came to lending rates

09:45 - 01 August 2024

Eurostat: Cyprus annual inflation at 2.6% in July

Eurozone annual inflation is also expected to be 2.6% this July, up from 2.5% the month before, while Cyprus' dropped

09:39 - 01 August 2024

Eurostat: Cyprus’ rate of overqualified workers above EU average in 2023

In Cyprus, the overqualification rate for non-EU citizens in 2023 was 39.3% (-10.6 pp from 2022 and 49.9%)

09:14 - 30 July 2024

Tourist bookings on online platforms up 23.8% in Q1 2024

Data concerns nights spent in short-term rental accommodation that were booked via online platforms such as Airbnb

08:20 - 30 July 2024

Contract signed for Paphos marina tender process

Deloitte Triton Paphos Marina Consortium will provide consulting services

08:04 - 30 July 2024

Managing Wealth in Transforming Horizons

Article by PwC Cyprus’ Tony Hadjiloucas, Phryni Yiakoumetti Mina and Natalie Vassiliou Moustaka

09:00 - 29 July 2024

Development budget implementation rate at 22% at end-June

Development projects totalling €323,498,228, out of the total budgeted €1,489,204,940, have been implemented so far

08:24 - 29 July 2024

European Commission claims back €68.6m it contributed to Vasiliko project

Government has 30 days to respond with its positions, as it says it is fully cooperating in probe into how …

08:10 - 29 July 2024

33East’s Demetrios Zoppos: We expect to start Cyprus Equity Fund operations in the Autumn

The co-founder of 33East, the VC firm selected to steer the CEF’s capital is anticipating interest from more institutional investors

11:33 - 26 July 2024

Electricity market to open in July 2025, Energy Minister reveals

George Papanastasiou said this would mean that consumers would be able to choose their electricity supplier

10:12 - 26 July 2024

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Economy

Inflation decelerates in July after three months of increases

General Government records €424.5m surplus in H1

Industrial output prices down 2.4% y-o-y in June

Pure new loans up by €95.7m in June

Eurostat: Cyprus annual inflation at 2.6% in July

Q1 private debt at 195% of GDP

A quarter of Cypriot workers could not afford a holiday in 2022, Eurostat data show

Cyprus to launch tenders for LNG terminal

Real activity growth in Cyprus projected to gather momentum

Revenue from tourism up in first five months, slight drop in May

Industrial production up 5.3% in first five months of year

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