Extra boost for hotels and hospitality from successive holiday weekends

PASYXE’s Philokypros Roussounides talks bookings and capacity, which in some cases reached 80% last weekend

07:09 - 21 March 2024

Construction material prices drop by an annual 2.23% in first two months of 2024

The Price Index of Construction Materials for February 2024 reached 116.95 units, a decrease of 0.06% compared to January

13:53 - 20 March 2024

Grant scheme offers Cyprus startups financing of up to €400,000

The €14.4m “Circular Economy Project in Small and Medium Enterprises (SMEs)” scheme covers the years 2024-2026

12:48 - 20 March 2024

Invest Cyprus is hiring

The national investment promotion agency is looking to recruit an Investment Promotion Advisor for its Nicosia offices

10:10 - 20 March 2024

Leventis: Fish taverns did exceptionally well over the holiday weekend

PASIKA's president said the carnival and Green Monday celebrations were further boosted by good weather forecasts

09:32 - 20 March 2024

MEPs endorse new residence and work permit rules for third-country nationals

The updated legislation was adopted with 465 votes in favour, 122 against and 27 abstentions

10:31 - 15 March 2024

Survey: Cypriots are pessimistic about the future

International developments are blighting Cypriots' outlook, with a mean score of 2.34 that is below the average of 2.5

10:18 - 15 March 2024

Industrial output prices down 2.9% in January

The sectors of electricity supply and water supply, along with materials recovery, saw a notable decrease

08:37 - 15 March 2024

Total government employment at 54,697 persons in February

The highest percentage of employees in the Civil Service was permanent personnel, constituting 51.6% of the total

08:31 - 15 March 2024

Koumis: Aim is to sustain 2023 performance amid challenges

The Dep. Tourism Minister said revenues approached €3b last year, up 22.6% in nominal terms and 18.4% in real terms

07:56 - 15 March 2024

Job vacancies spiked an annual 54% in Q4 2023

Compared with the third quarter of 2023, the number of job vacancies declined by 1.9% or by 236 jobs

10:17 - 14 March 2024

Economic uncertainty fluctuates in December 2023 - February 2024

The Economic Policy Uncertainty index varied from 223.04 in December to 279.76 in January, and 221.14 in February

08:54 - 14 March 2024

Cabinet approves plans for employment and training of 1,265 unemployed

The total budget of the two plans is €11,694,000, and the costs are divided between €7,824,000 and €3,870,000

08:18 - 14 March 2024

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Economy

Extra boost for hotels and hospitality from successive holiday weekends

Construction material prices drop by an annual 2.23% in first two months of 2024

Grant scheme offers Cyprus startups financing of up to €400,000

Invest Cyprus is hiring

Leventis: Fish taverns did exceptionally well over the holiday weekend

DEFA racing against time to meet end of 2024 deadline for LNG terminal

Hourly labour costs up 5.4% annually in Q4, 2023

Labour Minister confident about coverage of labour market needs

Tourist arrivals up 5% y-o-y in February

Energy Minister forms project monitoring body for Vassiliko LNG terminal

Hadjimanolis participates in European Summit held during CLIA CruiseWeek

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