CBC Governor: Financially literate citizens contribute to economy's efficiency and growth

"Studies indicate that poor financial decision-making, including excessive risk-taking by individuals, preceded financial crises in the past"

10:31 - 13 March 2023

Finance Ministry: looking at ways to tackle NPLs

It is also in “constant consultation and are working towards the implementation of the mortgage-to-rent as soon as possible”

09:52 - 13 March 2023

President Christodoulides welcomes Fitch upgrade

The President gave credit to the previous government for all the work that has been done to lead to this …

09:43 - 13 March 2023

Fitch upgrades Cyprus’ long-term credit rating

By one notch to ‘BBB’ with a stable outlook, citing outperformance of fiscal balance and growth rate

08:44 - 13 March 2023

Invest Cyprus: Investment relations between Saudi Arabia and Cyprus are entering a new era

The Ministry of Finance of the Republic of Cyprus and the Ministry of Investment of the Kingdom of Saudi Arabia …

08:39 - 13 March 2023

Cyprus had EU's third largest GDP increase in Q4 last year

Cyprus in particular had the third largest increase in GDP and the fourth largest increase in employment compared to the …

13:26 - 09 March 2023

Registration of saloοn cars down 1.9% in February

Registrations of passenger saloon cars in February this year fell by 1.9% to 2,287, from 2,331 in February 2022.

10:21 - 09 March 2023

Total employment up in Q4 2022

Total employment was up 3% y-o-y, total hours worked up 3.5%

08:08 - 09 March 2023

Larnaca-Piraeus ferry link to offer a further boost to local travel industry

The new connection from Larnaca will launch in early August, with weekly trips on Wednesdays and weekends until mid-September

11:04 - 08 March 2023

Central Bank to host international conference on financial literacy

The CBC said that the conference is being held as part of its coordinating role in promoting Financial Literacy and …

08:52 - 08 March 2023

Finance Minister meets with Economy and Competitiveness Council

Members presented Makis Keravnos with the Long-Term Strategy Plan for the Sustainable Growth of the country’s economy

08:40 - 08 March 2023

Hadjimanolis: We have an ambitious vision and clear objectives for Cypriot shipping

Shipping Deputy Minister Marina Hadjimanolis says a holistic approach and turning challenges into opportunities is the right way forward for …

08:35 - 08 March 2023

Koumis: Hopes for over 200,000 tourists from Germany this year

Prospects from the German market are particularly encouraging, new Tourism Deputy Minister Costas Koumis has told CNA.

08:24 - 08 March 2023

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Economy

CBC Governor: Financially literate citizens contribute to economy's efficiency and growth

Finance Ministry: looking at ways to tackle NPLs

President Christodoulides welcomes Fitch upgrade

Fitch upgrades Cyprus’ long-term credit rating

Invest Cyprus: Investment relations between Saudi Arabia and Cyprus are entering a new era

UCY Professor sees little risk of financial fallout in Europe from SVB’s collapse

Finance Minister Keravnos in Brussels for Eurogroup and Ecofin meetings

Parliament rejects bill on new foreclosures moratorium

Labour Minister calls for constant upgrade in employees’ knowledge and skills

Number of building permits decreased in 2022

Mayor of Larnaca: Ferry connection to Piraeus will help Cyprus tourism

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