Deposits and loans in Cypriot banks increase in November 2023

Total deposits in November 2023 recorded a net increase of €91.7 million

07:49 - 03 January 2024

New minimum 15% taxation rate for multinationals in EU comes into force

The new framework aims to bring greater fairness and stability to the tax landscape in the EU

07:45 - 03 January 2024

New EU rules to combat cross-border VAT fraud, particularly online, enter into force

The new rules provide EU member tax administrations with payment information to detect VAT fraud more easily

07:39 - 03 January 2024

Passenger traffic rebounds in 2023, breaking 2019 record

During 2023, a total of 157 routes were offered by 56 airlines, providing connectivity between Cyprus and 39 countries

07:38 - 02 January 2024

Industrial output prices marginally up in November

The Index for November 2023 recorded an increase of just 0.2% compared to October 2023

16:25 - 29 December 2023

Paphos CCI: Marina tender process to be completed in 2024

Its president George Mais said the marina will enrich the town’s tourism product and strengthen maritime tourism

09:29 - 29 December 2023

Limassol transportation is changing- Funding of the metaCCAZE project has been approved

The Municipality of Limassol together with other local partners will implement a series of measures

09:16 - 29 December 2023

Total sales of petroleum products up 3.7% y-o-y in November

Compared to October 2023 however, total petroleum sales dropped 8.7%, according to Cystat

08:27 - 29 December 2023

Industrial Production Index up 5.4% in October

In January – October 2023, the index recorded an increase of 2.1% compared to the same period last year

08:19 - 29 December 2023

Philokypros Roussounides: Hotel occupancy at 35-40% in December

The Cyprus Hotel Association's DG said occupancy after Christmas and New Year's Eve will range between 55%-60%

07:34 - 29 December 2023

The most significant events that marked the Cyprus economy in 2023

The Cyprus economy reconfirmed its resilience in what has been a challenging year

13:28 - 28 December 2023

Many Cypriots abroad for the New Year, ACTA President says

The numbers for Cypriots’ trips abroad “will be slightly higher than in 2019 before the pandemic, Papacharalambous says

12:36 - 28 December 2023

The districts of Cyprus that attract the most tourists

There was an increased flow of tourists concerning both arrivals to Cyprus and the trips Cypriot residents take abroad

09:35 - 28 December 2023

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Economy

Deposits and loans in Cypriot banks increase in November 2023

New minimum 15% taxation rate for multinationals in EU comes into force

New EU rules to combat cross-border VAT fraud, particularly online, enter into force

Passenger traffic rebounds in 2023, breaking 2019 record

Industrial output prices marginally up in November

Cyprus Bourse had a satisfactory year, CSE Chairman says

General Government surplus at 3.4% of GDP in Jan-Nov '23

Cyprus in Greek list of states with preferential tax status since 2014 says FinMin

Commission disburses payments to six Member States under RRF

OEV announces new positions for 2024

Phanos Leventis: Venues closing due to lack of staff

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