Cabinet to approve 2025 State Budget

The Budget aims to contain public sector employment, reduce public debt and implement significant infrastructure projects

10:48 - 20 September 2024

New record of arrivals from France likely, says Deputy Tourism Minister

The French market has seen a significant 25% increase in tourist arrivals to Cyprus from January to August 2024

08:23 - 20 September 2024

Inflation dropped in Cyprus and the rest of Europe in August

There was also a reduction in annual inflation compared to August 2023, dropping from 3.1% in Cyprus

08:17 - 20 September 2024

Magda Bianco visits CBC to discuss financial education effort

The Chair of the OECD International Network of Financial Education had “insightful bilateral discussions”

07:02 - 20 September 2024

Christodoulides and Mitsotakis confirm political will for participation in GSI

The President confirmed Cyprus' political commitment to participate in the share capital of the project as soon as possible

15:02 - 19 September 2024

Cyprus Marine Club hosts first Get Together after summer break

The speaker was Revd. John Attenborough, Regional Director, Middle East and South Asia & Chaplain to Cyprus Ports

12:36 - 18 September 2024

Cyprus and Greece to share potential interconnector geopolitical cost 50/50

Citing sources, CNA reported that the two sides also agreed to equally share cost allocation during the cable’s operation

11:19 - 18 September 2024

Christodoulides_Dr Christodoulos Patsalides

President and CBC Governor discuss Cypriot economy, interest rates

The Governor of the Central Bank also informed the President about European economic developments

08:39 - 18 September 2024

Limassol Economic Forum 2024: A gathering of visionary leaders

Four renowned speakers to headline Cyprus' largest business leadership event

08:26 - 18 September 2024

Cabinet gives the nod to electrical interconnection with Greece

Cyprus will pay €25m per year over a period of five years, strictly to subsidise a possible increase in electricity …

08:17 - 18 September 2024

Record high tourist arrivals in August

Cystat said arrivals exceed those of August 2019, the record year for Cypriot tourism, by 0.20%

15:48 - 17 September 2024

EU approves €152m payment to Cyprus under Recovery and Resilience Facility

The approval covers 37 out of 38 key milestones and targets, signaling significant progress in the country's recovery plan

07:56 - 17 September 2024

Hourly labour cost up 4.8% in Q2 on annual basis

Wages and salaries per hour worked and non-wage costs per hour worked increased by 4.4% and 6.4% respectively

07:42 - 17 September 2024

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Economy

Cabinet to approve 2025 State Budget

New record of arrivals from France likely, says Deputy Tourism Minister

Inflation dropped in Cyprus and the rest of Europe in August

Magda Bianco visits CBC to discuss financial education effort

Christodoulides and Mitsotakis confirm political will for participation in GSI

Cyprus President and Greek PM set to discuss electricity interconnection

Harmonised Index of Consumer Prices up 2.2% in August

Price of construction materials dropped in August compared to last year

US Ambassador welcomes announcement on Aphrodite gas field

EIB Vice President in Cyprus for two loan agreements for CUT

Cyprus and Chevron discuss path forward for 'Aphrodite' gas field

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