CI Ratings: Cyprus sovereign ratings affirmed

According to the credit analysis and ratings agency, the outlook on the ratings also remains Stable

10:16 - 02 October 2023

Energy Minister discussing green transition in Abu Dhabi

George Papanastasiou is attending the International Exhibition and Conference on Energy Issues ADIPEC 2023

09:58 - 02 October 2023

Walled city of Nicosia being transformed into a business centre

A series of projects and schemes are underway to bring new life and purpose to the old city

08:56 - 02 October 2023

Shipping at a crossroads, "the devil is in the details," ECSA SG tells CNA

Sotiris Raptis was the main speaker at the recent monthly meeting of the Cyprus Shipping Chamber

07:58 - 02 October 2023

DBRS Morningstar revises Cyprus’ economic growth for 2023 to 2.5% from 2.1%

Simultaneously, the Canadian agency maintains its estimate of 2.4% growth for 2024

15:12 - 29 September 2023

Eurostat: 18% of children in Cyprus at risk of poverty

In 2022, 24.7% (almost 20 million) of children in the EU were at risk of poverty or social exclusion

12:40 - 27 September 2023

Government to approve 2024 state budget

FinMin Makis Keravnos said next year’s budget will support growth, promoting investments and RRP projects

11:21 - 27 September 2023

CCCI establishes a Cyprus – Malta Business Association

Its aim is to promote, expand and encourage business activities between the two countries

07:45 - 27 September 2023

FinMin: Expects added measures from banks after rate hikes

His speech was read out at the 4th Conference on "Banking System: New Challenges and Opportunities"

11:54 - 26 September 2023

Minister: Planned petrol storage terminal vital for energy automony

He was addressing the General Assembly of the Cyprus Organisation for Storage and Management of Oil Stocks

08:44 - 26 September 2023

CBC lowers 2023 and 2024 growth projections

It said GDP growth will amount to 2.4% and 2.7% respectively, compared with 2.6% and 2.8% in its June projections

08:31 - 26 September 2023

Cyprus Children's Fund awards $34,500 in scholarships

The Cyprus Children's Fund, within the framework of the Scholarship Program, has selected 16 students for the 2023 Scholarship Awards

07:49 - 26 September 2023

Foreign demand for halloumi is steadily growing

Minister of Agriculture Petros Xenofontos said halloumi exports in the first four months of 2023 reached €112m

10:15 - 25 September 2023

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Economy

CI Ratings: Cyprus sovereign ratings affirmed

Energy Minister discussing green transition in Abu Dhabi

Walled city of Nicosia being transformed into a business centre

Shipping at a crossroads, "the devil is in the details," ECSA SG tells CNA

DBRS Morningstar revises Cyprus’ economic growth for 2023 to 2.5% from 2.1%

Industrial production index records annual increase

Eurostat: 91% of tourism stays in Cyprus involve foreign visitors

Τotal sales of petroleum products up 2.3% in August

Loans up €8.5 million in August, deposits down for second month

Council of Ministers approves 2024 budget

Economic sentiment deteriorates in September

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