Papanastasiou: Plan B for the terminal, a ‘divorce’ from the Chinese consortium has not been ruled out

The alternative plan is being created amid disagreements involving the project and related delays

12:55 - 06 March 2024

Tourists with a deep wallet-The big spenders of 2023

The highest per capita expenditure during the past year was for tourists from Germany who spent an average of €869.24

10:14 - 06 March 2024

FinMin discusses Greece-Cyprus-Israel electricity interconnection with IPTO

Finance Minister Makis Keravnos met with the Chairman of IPTO Manousos Manousakis

07:50 - 06 March 2024

Industrial turnover in December 2023 up annually by 0.3%

In particular, in manufacturing, the Industrial Turnover Index for December 2023 reached 186.8 units

15:31 - 05 March 2024

Registered unemployed down 13.8% in February, on annual basis

Compared to February 2023, a decrease of 2,293 registered unemployed was recorded, from 14,304 to 11,687

15:06 - 05 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

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

It reached €74.3m in December 2023 compared to €57.6m in the corresponding month of the previous year

08:02 - 01 March 2024

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

The government said it intends to participate in the project with €100m, but a due diligence report is pending

07:42 - 01 March 2024

Central Banks of Cyprus and Greece to sign Memorandum of Cooperation

Relations between the Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) are expected to enter a new …

15:01 - 29 February 2024

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

Cyprus gained financial commitments last year from the EIB Group totalling €257 million, up from €250 million in 2022

14:42 - 29 February 2024

Industrial production in Cyprus up 2.4% in 2023

The Industrial Production Index reached 136.1 units (base year 2015=100) in December 2023

08:39 - 29 February 2024

Implementation of development expenditure at 1% in January

The Treasury of the Republic of Cyprus said it remained at the average level of the last decade

08:05 - 29 February 2024

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Economy

Papanastasiou: Plan B for the terminal, a ‘divorce’ from the Chinese consortium has not been ruled out

Tourists with a deep wallet-The big spenders of 2023

FinMin discusses Greece-Cyprus-Israel electricity interconnection with IPTO

Industrial turnover in December 2023 up annually by 0.3%

Registered unemployed down 13.8% in February, on annual basis

Tourism Minister in Germany for ITB Berlin 2024

Cyprus proposes a “solar bank” to finance solar industry in the EU

New lending in January jumps by 47% driven by large corporate loans

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

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