Employment and hours worked up in Q2

Total employment has increased by 1.5% year-on-year, while hours worked have surged 1.3%

09:29 - 08 September 2023

Cyprus is having a “very good” tourism season, deputy minister says

Arrivals in the first seven months of 2023 are up by an annual 27%, while revenue has increased by 30%

08:38 - 08 September 2023

August beer exports soar 113.6%

The surge led to a 1.5% increase in total beer deliveries

08:13 - 08 September 2023

Cyprus GDP contracts 0.4% in Q2

The Eurozone has seen a 0.1% growth increase compared with the previous quarter

08:07 - 08 September 2023

Energean triples gas production in H1 of 2023

Production for the period was 105.9 kboed (thousands of barrels of oil equivalent per day), nearly triple that of H1 …

07:58 - 08 September 2023

Cyprus government standing by business community, President assures

The state encourages the creation of modern and technologically upgraded units, implementing support programmes

12:19 - 06 September 2023

Agriculture Ministry official highlights the need for research and innovation

Andreas Gregoriou also underlined the importance of using green and digital technologies in agriculture

07:52 - 06 September 2023

Industrial turnover grows 4.4% YoY in June

The Index has registered a substantial increase of 10.5% for the first half of 2023

07:48 - 06 September 2023

Registered unemployed down 11.4% in August

The number of registered unemployed dropped both on an annual as well as monthly basis

15:06 - 05 September 2023

ERC awards UCy professor with research funding of €1.49m

The European Research Council announced the 400 Starting Grants to young scientists and scholars across Europe

14:17 - 05 September 2023

Cabinet approves rules for remote working in public sector

It is part of the implementation of the Recovery and Resilience Plan 2021-2026

12:35 - 05 September 2023

Insurers issue guidelines on safe carriage of EVs

It comes in the wake of the Fremantle Highway cargo ship car carrier fire and reports linking it to an …

10:42 - 05 September 2023

Cyprus asks to modify its recovery and resilience plan

It has asked to include a REPowerEU chapter with measures related to energy efficiency and the green transition

08:12 - 05 September 2023

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Economy

Employment and hours worked up in Q2

Cyprus is having a “very good” tourism season, deputy minister says

August beer exports soar 113.6%

Cyprus GDP contracts 0.4% in Q2

Energean triples gas production in H1 of 2023

Inflation rises for first time in a year

Labour force rises, unemployment falls below 6% in Q2

Cyprus Leading Economic Index continued rising in August, albeit at a slower pace

Building permits drop, value and area rises in the first half of 2023

Deputy Minister of Shipping and Chinese Ambassador discuss maritime issues

Cabinet approves Recovery and Resilience plan action for NPLs management

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