"Significant benefits" for Cyprus from EIB local office, Finance Ministry says

Finance Minister Keravnos offered to temporarily host EIB staff at the Ministry, until a permanent office is secured

07:31 - 25 June 2024

Invest Cyprus discusses business and investment ties with India’s High Commissioner

They focused on enhancing collaboration in key areas such as innovation, R&D, and bolstering the start-up ecosystem

11:45 - 21 June 2024

European Semester report on Cyprus outlines competitiveness challenges

The European Semester approach aims to enhance the competitiveness of the EU’s economies

12:05 - 20 June 2024

Cabinet approves extension of measures to compensate high living costs

The measures take fiscal conditions and challenges as well as the summer climate conditions on the island into account

08:13 - 20 June 2024

Cyprus issues €1 billion 7-year Eurobond

According to sources, the initial guideline given by the issuing advisors is approximately 60 basis points above the reference price

12:30 - 19 June 2024

CyFLEC ready to implement National Strategy for Financial Literacy

At the next meeting of the Committee Board, the Thematic Working Groups will present the progress of their work

07:41 - 19 June 2024

Cyprus ranks 43rd out of 67 countries in 2024 IMD World Competitiveness Ranking

The improvement in the competitiveness ranking is mainly driven by advances in economic performance

07:32 - 19 June 2024

CCCI: Reps from 8 German energy companies to hold meetings in Cyprus

The German companies specialise in solutions and systems for energy saving and energy efficiency of buildings

12:45 - 18 June 2024

Slightly increased tourist arrivals in Cyprus for May 2024

Tourist arrivals in May 2024 reached 421,400 compared to 420,076 in May 2023, marking a 0.3% increase

07:47 - 18 June 2024

Hourly labour costs in Cyprus up by 4.9% in Q1 2024

The increase in labour costs is attributed to significant growth in both wages and salaries per hour worked

07:44 - 18 June 2024

Invest Cyprus attends Money 20/20 in Amsterdam

It engaged with fintech companies and promoted Cyprus as a Tech hub in Europe and the broader Mediterranean Region

07:11 - 18 June 2024

Marina Hadjimanolis: Our ultimate goal is to provide quality services to all shipping companies

The Deputy Minister of Shipping said the local maritime sector is becoming more diverse, open and bold

07:00 - 18 June 2024

The five risks for the Cypriot economy and their potential impact

It is worth noting, however, that the fiscal balance is expected to remain in surplus of €903 million

08:44 - 17 June 2024

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Economy

"Significant benefits" for Cyprus from EIB local office, Finance Ministry says

Invest Cyprus discusses business and investment ties with India’s High Commissioner

European Semester report on Cyprus outlines competitiveness challenges

Cabinet approves extension of measures to compensate high living costs

Cyprus issues €1 billion 7-year Eurobond

Vafeades underlines need to prevent side effects of green policies on shipping and ports

Finance Minister stresses role of cohesion towards green and digital transitions

Construction materials Index records annual decrease of 1.32%

Cyprus Central Bank raises GDP growth forecast to 3% in 2024

Harmonised inflation up by 3% on an annual basis in Cyprus

Energy Minister sees challenges and benefits in Great Sea Interconnector project

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