Minister receives electricity interconnection study, agencies to give their positions in two months

George Papanastasiou said the preliminary views of the agencies that will assess the study will be given in two months

08:14 - 12 July 2024

Government employment up 4.8% in H1

In June 2024, total government employment reached 54,153 persons

08:08 - 12 July 2024

ACTE: Revenue from tourism reduced taking inflation into account

In 2001 there were 2.7 million tourists and revenue of €2b; in 2023, arrivals reached 3.8 million, and revenue €2.9b

07:47 - 12 July 2024

Official data show increase of economic activity in all sectors in 2022

Regarding the value added at current prices, the Services and Transport Survey recorded increases in all sectors

07:07 - 12 July 2024

Seasonality leading to €25m loss this year, PASYXE President estimates

Thanos Michaelides has stressed the necessity of extending the tourist season and keeping more units open year-round

14:40 - 11 July 2024

EAC should have the ability to offer low electricity prices, Energy Minister says

Papanastasiou also announced the arrival to Cyprus of competitive electricity markets was anticipated in July 2025

07:55 - 10 July 2024

IPTO to present new data on Great Sea Interconnector to Cyprus Regulatory Authority

The Independent Power Transmission Operator of Greece (IPTO) has been invited to RAEK on Monday, 15 July

07:46 - 10 July 2024

Papanastasiou: The contract with CPP for the terminal is terminated as soon as ‘Prometheus’ is delivered to Cyprus

The Energy Minister made the announcement in Parliament, during a session of the House Trade Committee

11:51 - 09 July 2024

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Industry-leading companies sponsoring FIBA EuroBasket 2025

Cyprus will be hosting the biggest basketball event in Europe in August 2025

10:29 - 09 July 2024

Agriculture Minister announces new decree on milk quota for PDO Halloumi

Minister Maria Panayiotou also announced financial measures and tools to support the sector

07:50 - 09 July 2024

Motor vehicles registrations up 19.2% in the first half of 2024, year on year

Passenger saloon cars increased to 20,623 from 17,600 in January-June 2023, recording a rise of 17.2%

07:46 - 09 July 2024

President Christodoulides announces a 2025 budget surplus

He also said that the budget will be presented to the people and each Minister will also unveil the Ministry’s …

07:43 - 09 July 2024

Ice cream, holidays and hotels cost more in June

The prices of "summer" products went up in June according to the Cyprus Consumers Association

07:57 - 08 July 2024

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Economy

Minister receives electricity interconnection study, agencies to give their positions in two months

Government employment up 4.8% in H1

ACTE: Revenue from tourism reduced taking inflation into account

Official data show increase of economic activity in all sectors in 2022

Seasonality leading to €25m loss this year, PASYXE President estimates

Moody's upgrades Bank of Cyprus' long-term deposit ratings to Baa1

Commissioner Urpilainen: “Global Gateway and working together as Team Europe can open doors for smaller Member States"

Trade deficit widens in May, declines over five months amid decreased exports

Inflation drops in first half of 2024 compared to previous semester

CBC officials present advantages of the digital euro

Employment in the broad industrial sector records 3% annual increase in 2022

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