Deposits in Cyprus banks up by €357.1 million in February

Total deposits in February recorded a net increase of €357.1 million, compared with a net decrease of €583.8 million in …

08:54 - 28 March 2023

FinMin calls on banks to promote loan restructurings, maintain low interest rates and charges

Keravnos has called on banks to go ahead with loan restructurings, maintain low lending rates and bank charges, and to …

08:38 - 28 March 2023

Cyprus wants sustainable bond investors

Cyprus is looking for investors to issue a sustainable bond, the Public Debt Management Office has confirmed

08:31 - 28 March 2023

Sales of petroleum products down 7% y-o-y in February

Total sales of petroleum products recorded an annual decrease of 7% to 107,779 tonnes this February

14:58 - 27 March 2023

Initiatives on NPLs aim also to deal with a possible increase, says CBC

CBC initiatives on NPLs aim to ensure that the Cyprus banking system will be ready to deal with not only …

14:14 - 27 March 2023

Trade deficit up by 34.5% in 2022

Cyprus’ trade deficit increased by almost €2b (or 34.5%) in 2022 compared with the year before, going from €5,278.3m in …

12:32 - 24 March 2023

Central Bank sees Cyprus GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally revised its projections upwards for GDP growth this year, citing slightly improved …

12:05 - 24 March 2023

Which shops will be open on 25 March and 1 April

While most shops are expected to remain open on Saturday, 25 March, general retail outlets will have to be closed …

10:16 - 24 March 2023

Cyprus Consul in Bahrain discusses bilateral cooperation in tourism and energy

The Consul of Cyprus in Bahrain has had a series of meetings with Ministers of the Kingdom to discuss bilateral …

09:47 - 24 March 2023

Effort to have better ports is a joint one, Minister of Transport and Deputy Ministers of Tourism and Shipping say

The Ministers responsible for Transport, Shipping and Tourism visited the new DP World Limassol passenger terminal and expressed their determination …

07:37 - 24 March 2023

Herodotou: So far Cypriot banking system does not have direct exposure to international events

Cyprus’ banking sector has significant liquidity and significant capital and does not have direct exposure to the events that have …

14:44 - 23 March 2023

ACTE conference examines the sustainable future of Cyprus tourism

ACTE event sees stakeholders discuss 'Tourism: The Path to Sustainable Development'

12:37 - 23 March 2023

The goal is to increase tourist arrivals by 5% to 10%, Cyprus' Deputy Minister of Tourism Koumis says

Deputy Minister of Tourism, Kostas Koumis has said the goal is to increase tourist arrivals to Cyprus this year by …

08:49 - 23 March 2023

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Economy

Deposits in Cyprus banks up by €357.1 million in February

FinMin calls on banks to promote loan restructurings, maintain low interest rates and charges

Cyprus wants sustainable bond investors

Sales of petroleum products down 7% y-o-y in February

Initiatives on NPLs aim also to deal with a possible increase, says CBC

Saudi National Bank chair resigns, days after Credit Suisse comments sparked sell-off

Dickran Ouzounian: Delays, shortages and interest rates have put the brakes on the motor industry

Larnaca Chamber of Commerce and Industry aims to make the city an attractive investment destination

Cyprus is ideally positioned to develop into a regional logistics hub

NPLs down to 9.5% of total loans at end 2022

Plenty of exciting job opportunities at City of Dreams Mediterranean

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