‘Aphrodite’ development and production proposal submitted to government

The Chevron Cyprus Limited, NewMed Energy Limited Partnership and BG Cyprus Limited consortium has submitted its proposal

13:15 - 02 April 2024

CI revises οutlook on Cyprus’ Long-Term Foreign Currency rating to positive

The revision of the outlook reflects the faster than projected decline in general government debt

08:27 - 02 April 2024

Bank deposits and loans record sharp increase in February

Total deposits rose significantly €65.4m compared to the previous month, while net loans increased by €348.9 million

09:07 - 29 March 2024

Hadjimanolis: Cypriot-flagged ships increased 5.5% in past six months

The Deputy Minister of Shipping said there has been increased interest from new shipowners and shipping companies

08:34 - 29 March 2024

Industrial production up 4.2% in January

The manufacturing sector recorded a 3.2% uptick compared to January 2023

08:28 - 29 March 2024

Cyprus and Israel Energy Ministers agree to promote joint energy projects

George Papanastasiou and Eli Cohen discussed the issue of cooperation in the field of energy, which holds great potential for …

07:49 - 28 March 2024

EU to support establishment of asset management office in Cyprus

The European Union has said it will support a series of reform support projects on the island

07:45 - 28 March 2024

Cyprus is an important destination for investments says Estonian President

Efforts are underway to strengthen bilateral relations and the development of cooperation between Cypriot and Estonian companies

07:37 - 28 March 2024

Morningstar DBRS: Cyprus GDP to grow by 2.4% in 2024

Even though its forecast dropped from a previous 2.5%, its projection for 2025 has gone up from 2% to 2.4%

14:31 - 27 March 2024

Cyprus exported mainly mineral fuels and oils, pharmaceuticals and halloumi in 2023

Cyprus exported €508.39 million of domestically produced goods to EU countries and another €1.84 billion to third countries

08:20 - 27 March 2024

Keravnos: Compensatory measures being considered after abolition of reduced fuel tax

The Finance Minister said the government is in the process of reviewing and reflecting on targeted compensatory measures

08:16 - 27 March 2024

Tourism Minister optimistic about 2024 despite “not easy year” ahead

Koumis noted that there had been an increase in arrivals during the first two months of the year amounting to …

08:00 - 27 March 2024

About 85% of Cypriot agricutural subsidy beneficiaries have small farms

Agriculture Minister Maria Panayiotou addressed the EU's Agriculture and Fisheries Council (AGRIFISH) in Brussels

07:40 - 27 March 2024

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Economy

‘Aphrodite’ development and production proposal submitted to government

CI revises οutlook on Cyprus’ Long-Term Foreign Currency rating to positive

Bank deposits and loans record sharp increase in February

Hadjimanolis: Cypriot-flagged ships increased 5.5% in past six months

Industrial production up 4.2% in January

KEDIPES to pay the state €140m in Q1

€35.3 m support measures announced – Who benefits and by how much

President calls for acceleration of tax reform

Cabinet convening to extend targeted support measures

FinMin welcomes Commission’s In-Depth review on Cyprus

State budget deficit up by €80 million in 2023

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