Eurostat data shows price increase in oils - fats in Cyprus and EU are slowing down

The prices for oils and fats increased by 27% in March 2023 compared to March 2022 in Cyprus

07:45 - 09 May 2023

13th Nicosia Economic Congress to take place

The 13th Nicosia Economic Congress will be held at the Hilton Nicosia this morning to examine the current state of …

07:00 - 09 May 2023

A total of 35 cheques bounced in April

A total of 35 bounced cheques were registered in the Central Information Registry (CIR) for bad cheques in April, the …

16:25 - 08 May 2023

13th Nicosia Economic Congress takes place on 9 May

The 13th Nicosia Economic Congress, which takes place on 9 May at the Hilton Nicosia, will examine the current state …

14:36 - 05 May 2023

DBRS: Cyprus’ growth to remain strong, fiscal outlook exposed to risks

While Cyprus’ economic growth is expected to remain strong, the economic and the fiscal outlooks are exposed to significant downside …

12:01 - 05 May 2023

Cabinet decides zero VAT on bread, milk and other essentials

Finance Minister Makis Keravnos announced that the Cabinet decided for a zero VAT rate on a number of basic everyday …

09:27 - 03 May 2023

Deposits at €52b, loans at €25b in March

Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to the Central Bank …

09:06 - 03 May 2023

Retail trade value up a yearly 10.9% in March

The Turnover Value Index of Retail Trade for March 2023 increased by 10.9% compared to the same month last year, …

08:49 - 03 May 2023

Moody’s: Cyprus a “potential rising star” for credit rating boost

International rating agency Moody’s has described Cyprus as a “potential rising star” when it comes to boosting its credit rating …

13:30 - 02 May 2023

Cyprus: Third highest rate of people working long hours in EU

In Cyprus, 9.7% of the workforce (7% in the EU) worked long hours (49h or more per week) in their …

12:29 - 02 May 2023

CI Ratings: Cyprus’ sovereign ratings affirmed; outlook remains stable

Capital Intelligence Ratings announced that it has affirmed Cyprus’ Long-Term Foreign Currency Rating and Short-Term Foreign Currency Rating at ‘BBB-’ …

10:37 - 02 May 2023

Fuel sales down 6.7% y-o-y in March

Total sales of sales of petroleum products amounted to 111,817 tonnes in March, recording a decrease of 6.7% compared to …

12:50 - 28 April 2023

Industrial production rose 0.6% in February

Industrial production in Cyprus rose by 0.6% in February compared with the same period of last year, according to Cystat

08:26 - 28 April 2023

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Economy

Eurostat data shows price increase in oils - fats in Cyprus and EU are slowing down

13th Nicosia Economic Congress to take place

A total of 35 cheques bounced in April

13th Nicosia Economic Congress takes place on 9 May

DBRS: Cyprus’ growth to remain strong, fiscal outlook exposed to risks

Crucial CoLA meeting not getting off to best start

Zero VAT rate on basic daily goods comes into effect

April inflation lowest in 21 months

FinMin revises 2023 growth rate slightly down to 2.8%

Household assets at €59.7b, debt at €20b in 2022

UCY upgrades Cyprus growth projections

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