ΟΕΒ Director-General re-elected as substitute member of ILO's Governing Body

Michalis Antoniou will address the plenary of the International Labour Conference in Geneva

07:46 - 11 June 2024

Labour Minister in Geneva for ILO General Conference

Among other duties, Yiannis Panayiotou will address the plenary session on the need for a new social contract

07:43 - 11 June 2024

Trade deficit down to €2,453m in January–April 2024

Total imports dropped 18.4% y-o-y, while total exports were down 8.4%

15:22 - 10 June 2024

Hybrid cars increase from 26.6% to 37.3% of total in January-May 2024

Petrol powered passenger cars dropped to 49.3%, from 60.8% in the corresponding period of 2023

14:43 - 10 June 2024

Q1 tourism revenue up 11.7% y-o-y

Revenue from tourism reached an estimated €223.3m in January–March 2024, compared to €200m in Q1 of 2023

13:58 - 10 June 2024

Tourism Deputy Minister satisfied with predicted inflow of UK visitors in 2024

Despite challenges the number of visitors from the UK to Cyprus in 2024 will remain at high 2023 levels

07:56 - 07 June 2024

Cyprus facing power strain as unseasonal heatwave drives demand

Current electricity demand is reaching levels typically seen in July, the Cyprus Transmission System Operator Spokesperson said

07:55 - 07 June 2024

Inflation in May records a six-month high at 2.7%

Compared to May 2023, the largest change was monitored in the categories of Restaurants and Hotels and Transport

07:47 - 07 June 2024

EU Commissioner: There is a clear commitment to dedicating €1.6b to the maritime sector by 2030

Outgoing European Commissioner for Transport Adina Vălean talks sustainability in the maritime sector in a GOLD interview

07:07 - 07 June 2024

ECB reduces interest rates for the first time since 2019

The European Central Bank has cut interest rates by 25 basis points, as was widely expected by analysts

16:24 - 06 June 2024

Cyprus accelerating green transition amid energy sector challenges, Minister says

Energy Minister Papanastasiou notes that Europe’s energy and climate targets were becoming increasingly ambitious

11:16 - 06 June 2024

Energy use in EU households down in 2022, while continuing to rise in Cyprus

In Cyprus, out of a total of 15.1 thousand terajoules in 2022, about 5.6 thousand went to heating homes

08:06 - 06 June 2024

Cyprus' registered unemployment down 21.2% in May, reaching historic lows

The number of unemployed persons in Cyprus stood at 8,159 at the close of May 2024

08:03 - 06 June 2024

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Economy

ΟΕΒ Director-General re-elected as substitute member of ILO's Governing Body

Labour Minister in Geneva for ILO General Conference

Trade deficit down to €2,453m in January–April 2024

Hybrid cars increase from 26.6% to 37.3% of total in January-May 2024

Q1 tourism revenue up 11.7% y-o-y

Total employment in Cyprus rises by an annual 2.2% in Q1 2024

Deputy Ministry of Tourism introduces "Historic Hotels of Cyprus" label

Fitch upgrade a vote of confidence in the Cypriot economy, the President says

Famagusta hoteliers optimistic about bookings following FTI collapse

Cyprus Seeds 2024 Innovation Showcase: Transforming Cyprus' innovation landscape for the future

Passenger traffic at Cypriot airports exceeds one million in May

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