Fiscal surplus exceeds €500m in first two months of 2024

It marked an increase of 34% compared with the respective period of last year

15:27 - 08 April 2024

Dr Christodoulos Patsalides appointed CBC Governor

President announces new Central Banker, thanking incumbent Herodotou for his services "during a crucial time"

09:24 - 08 April 2024

Production in construction up 9.2% y-o-y in Q4 2023

By type of project, an increase of 8.4% was observed for buildings and of 14.6% for civil engineering projects

09:01 - 08 April 2024

Industrial Turnover Index up 2.6% y-o-y in January

The index in manufacturing rose 7.3%, in water supply and materials 19.5%, and mining and quarrying 17.7%

08:36 - 08 April 2024

Keravnos: Our goal is a fully digitalised state offering quality services

The Finance Minister was addressing a summit organised by CIM, the Cyprus Business School in Nicosia

08:26 - 08 April 2024

Inflation in Cyprus to drop to 1.6% in March according to Eurostat estimates

In the eurozone, annual inflation is expected to be 2.4% in March 2024, down from 2.6% in February

07:53 - 04 April 2024

Retail trade up 5.8% in value, 5.1% in volume in February

Over the two-month span from January to February 2024, the Value Index has shown an estimated uptick of 5.4%

07:48 - 04 April 2024

Cyprus sees small reduction in unemployment in February according to Eurostat

In February 2024, the seasonally adjusted unemployment rate in Cyprus was 6.4%

07:41 - 04 April 2024

Papanastasiou: The barrier has been overcome the way opened for exploitation of the ‘Aphrodite’ deposit

He also revealed that CEO of ENI was anticipated to visit Cyprus at the end of April in connection to …

15:02 - 03 April 2024

We aim to increase primary sector GDP share and sustainability, Agriculture Minister says

The Ministry's actual expenditure amounted to about €435 million, Minister Maria Panayiotou also noted

08:21 - 03 April 2024

Cyprus government to request cost-benefit study for Great Sea Interconnector

He said previous studies have been done, however the energy environment is changing

08:20 - 03 April 2024

Cyprus 2nd in EU in accommodation and food services contribution to economy in 2021

The EU’s accommodation and food service sector employed 9.9 million people

08:17 - 03 April 2024

Average gross monthly earnings up 6.2% annually in Q4, 2023

The average gross monthly earnings during the fourth quarter of 2023, seasonally adjusted, are estimated at €2,402

08:15 - 03 April 2024

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Economy

Fiscal surplus exceeds €500m in first two months of 2024

Dr Christodoulos Patsalides appointed CBC Governor

Production in construction up 9.2% y-o-y in Q4 2023

Industrial Turnover Index up 2.6% y-o-y in January

Keravnos: Our goal is a fully digitalised state offering quality services

Energy Minister in Tokyo for Cyprus-Japan Business Forum

Revenue from tourism drops 0.9% y-o-y in January

Inflation drops to lowest point in almost three years in March

Registered unemployed down 13.5% in March y-o-y

Bad cheques stood at €26,340 in March

Nights booked in short term accommodation increased in 2023 according to Eurostat

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