Economic sentiment improved in January 2024

The ERC notes that the ESI-CypERC increased by 2.3 points compared with December 2023

08:23 - 01 February 2024

Industrial output prices decelerate in 2023 as inflation subsides

Industrial Output prices rose by 4.5% in 2023, marking a significant deceleration in price increases in the industry sector

08:21 - 01 February 2024

Private debt in Cyprus at 206% of GDP in Q3 2023

According to the CBC, since December 2016, household debt to GDP declined by 48% in Cyprus

08:17 - 01 February 2024

€6.6 million photovoltaic systems installed at 405 Cypriot schools

The project included the installation of PV systems, with a total power of 4.9 MW, thermal insulation and waterproofing

08:10 - 01 February 2024

Tourism DepMin says 80,000 arrivals from Switzerland this year is a feasible target

Koumis’ comments came following contacts with tourist officials in Zurich

11:18 - 31 January 2024

Cyprus Shipping Chamber DG expresses concern over Houthi Red Sea attacks

Kazakos expressed concerns on the way that Yemen's Houthi attacks on ships crossing the Red Sea impact Cyprus

08:13 - 30 January 2024

EIF signs €150m cornerstone commitment to InvestEU-backed WDIF II

It will contribute to decarbonisation, renewable energy production and security of energy supply

07:15 - 30 January 2024

Cyprus Shipping Chamber marks 35-year milestone

It announced that it will mark the occasion with a number of activities throughout 2024

14:58 - 29 January 2024

FinMin chooses Demetris Sparsis to join Invest Cyprus Board

Invest Cyprus’ Board of Directors is expected to elect Sparsis in its next meeting, sources say

12:49 - 29 January 2024

Republic of the Marshall Islands registry achieves 200 million quality gross tons

This landmark achievement spotlights the RMI as one of the top registries in the world in both quality and size

09:51 - 29 January 2024

Shipping Deputy Ministry and UCLan Cyprus sign MoU

The aim is to develop cooperation in the fields of Technology, Science, Research and Education in shipping

08:19 - 29 January 2024

WAIPA and 15 heads of investment agencies call for climate-aligned FDI coalition

They claim such a collation could help IPAs anchor climate finance in tangible domestic green growth projects

07:07 - 29 January 2024

President Christodoulides presents Vision 2035: “We have the vision, the knowledge and plan to achieve it”

“We want to expand the extroversion of Cypriot businesses and their efforts to develop in new markets”

07:00 - 29 January 2024

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Economy

Economic sentiment improved in January 2024

Industrial output prices decelerate in 2023 as inflation subsides

Private debt in Cyprus at 206% of GDP in Q3 2023

€6.6 million photovoltaic systems installed at 405 Cypriot schools

Tourism DepMin says 80,000 arrivals from Switzerland this year is a feasible target

Industrial production in Cyprus up by an annual 5% in November

A total of 642 counterfeit euro banknotes withdrawn from circulation in 2023

Great Sea Interconnector: Cyprus’ shareholding and the outcome of the Papanastasiou-Keravnos meeting

FinMin ready to meet all goals and especially those set for 2024, Minister says

EIF: Investing in energy transition and decarbonisation with Future Energy Ventures Fund I

Annual growth of 0.4% in total petroleum product sales in 2023

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