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

Industrial Turnover Index up by 11.1% in April y/o/y

In manufacturing, the Industrial Turnover Index for April 2024 reached 137.7 units, recording an increase of 13.8%

07:42 - 08 July 2024

Inflation continues upward trend at 2.9% in June

The new figures continue the upward trend that started in April and reaching its highest value since October 2023

11:00 - 05 July 2024

roundtable 2024 Cypriot business community

Government discusses energy, connectivity, outward-looking approach at business community roundtable

Eleven Ministers and Deputy Ministers as well as other officials and civil servants took part in the roundtable discussion

10:01 - 05 July 2024

Bad cheques for €13,048 written in June

Ten entities were registered on the preliminary CIR in June 2024, six legal entities and four natural persons

08:26 - 05 July 2024

Cyprus submits request for the fourth tranche under the RRF

The request for the fifth tranche amounting to €120m is expected to be submitted by the end of 2024 covering …

07:40 - 04 July 2024

Passenger traffic in Cyprus’ two airports "best ever" for first half of 2024

Passenger traffic for the first half of the year recorded the best performance ever, approaching 3.5m passengers

11:19 - 03 July 2024

European Commission approves request for targeted review of Cyprus Recovery Plan

According to a Commission press release, the proposed changes are narrow in scope and technical in nature

08:16 - 03 July 2024

Cyprus granted 5-year period to comply with PDO Halloumi specifications

The Ministry of Agriculture will also issue a decree regarding the quotas for sheep-goat milk and cow's milk

08:12 - 03 July 2024

Reduced revenues in budget implementation by May

According to a Treasury report, the implementation of the total state budget from 1 January to 31 May stood at …

08:09 - 03 July 2024

President announces €10m budget increase for Deputy Ministry of Tourism

President Nikos Christodoulides also unveiled a five-year plan designed to mitigate seasonality in the tourism sector

08:08 - 03 July 2024

'Vision 2035' for the Cypriot economy to be updated

The Strategy comprises of a set of actions, reforms and institutional changes for the Cypriot economy

08:03 - 03 July 2024

Greek energy regulator approves regulated income formula on Great Sea Interconnector

So far, the Great Sea Interconnector has been granted financing by the EU Connecting Europe Facility amounting to €657m

07:54 - 03 July 2024

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Economy

Ice cream, holidays and hotels cost more in June

Industrial Turnover Index up by 11.1% in April y/o/y

Inflation continues upward trend at 2.9% in June

Government discusses energy, connectivity, outward-looking approach at business community roundtable

Bad cheques for €13,048 written in June

Minister concerned that Brussels might withdraw €657m subsidy for energy project

Corporation loans for over €1 million up 10% in May, despite increase on rate

Commission receives Cyprus' third payment request for €89.2 million in grants

Completion of LNG terminal in Vasilikos a priority, Energy Minister says

President outlines goal for a healthy fiscal environment before the business community

Balance of payments and IIP improved, net external debt down in Q1 2024

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