Deposit rates drop in January as lending rates rise, barring consumer credit

The corresponding interest rate on deposits from non-financial corporations registered a decrease to 2.11%

08:13 - 05 March 2024

Shipping Deputy Minister to visit Athens and Brussels

Marina Hadjimanolis will mark the Registry of Cyprus Ships anniversary and attend the Brussels Conference on the Wellbeing of Seafarers

12:36 - 04 March 2024

Transport Minister and EIB official discuss projects' financing

By recognising the particularities of an island-state, the EIB has a positive view of continuing financing roads and ports

07:47 - 04 March 2024

Cyprus economic growth for 2023 estimated at 2.5%

The analysis of GDP using the production approach highlights key sectors contributing to this growth

15:36 - 01 March 2024

CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026

Governor Herodotou said "the implementation of reforms and the emphasis on sustainable growth are key factors

08:31 - 01 March 2024

FinMin and Research Dep. Minister agree to cooperate to promote digital transition

The digital transition is a "basic political direction" of the Government "included in the Recovery and Resilience Plan"

08:00 - 29 February 2024

Yoshio Yamawaki: It is important to make Japanese companies aware of Cyprus’ advantageous FDI environment

The Ambassador of Japan to Cyprus talks potential synergies in shipping, innovation and space exploration

07:02 - 29 February 2024

Keravnos’ message to lawyers and accountants: “We should all be pushing to establish the supervisory authority”

The Finance Minister said this was the only way for Cyprus to clear its reputation

15:06 - 28 February 2024

Energy Minister attends Investopia 2024 in Abu Dhabi

George Papanastasiou is representing the President of the Republic at the international investment conference

12:32 - 28 February 2024

The price of olive oil increased by 49% in Cyprus in January

The rise in price in Cyprus was the highest price hike for this particular product recorded to date in the …

08:00 - 28 February 2024

Eurostat: Energy from renewables in heating - cooling drops slightly in Cyprus

Among member states, Sweden led the way when it came to renewables in heating and cooling in 2022

07:53 - 28 February 2024

Total deposits reach €51.9 billion, loans €24.7 billion in January

The Central Bank released the Monetary Financial Institutions (MFIs) deposits and loans statistics for January 2024

16:20 - 27 February 2024

Total petroleum sales down in January, petrol station sales up

In January, the total sales of petroleum products amounted to 109,710 tonnes, recording a decrease of 0.9%

14:50 - 27 February 2024

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Economy

Deposit rates drop in January as lending rates rise, barring consumer credit

Shipping Deputy Minister to visit Athens and Brussels

Transport Minister and EIB official discuss projects' financing

Cyprus economic growth for 2023 estimated at 2.5%

CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026

Tourism revenue up 29% in December y-o-y

EIB's Kakouris: No new financing request for Great Sea Interconnector

Central Banks of Cyprus and Greece to sign Memorandum of Cooperation

Cyprus receives greater EIB support in 2023, with heavy focus on green investments

Industrial production in Cyprus up 2.4% in 2023

Implementation of development expenditure at 1% in January

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