Commerce ministry co-organises business forum in Vienna

Representatives of 10 Cypriot companies participated, showcasing the local service sector's competitive advantages

07:14 - 15 December 2023

EC approves first amendment to Cyprus' CAP 2023-2027 strategy

The plan was submitted by the Ministry of Agriculture, Rural Development and Environment

12:53 - 14 December 2023

NPLs continued quarterly decline in Q3

NPLs dropped by a quarterly €95m in Q3, with the NPL coverage ratio with impairment forecasts stable at 50.3%

10:50 - 14 December 2023

FinMin welcomes newly-passed foreclosures framework

The Ministry said the debate around amendments to the foreclosures framework has now “been exhausted”

08:39 - 14 December 2023

Cyprus’ banks have second lowest deposit rates in EU

European Banking Authority report also showed that Cyprus had the EU's second highest return on equity at 26.3%

08:08 - 14 December 2023

Government employment up by an annual 1.6% in November

Total government employment reached 54,404 persons, of which 24,792 were permanent staff

07:52 - 12 December 2023

Trade deficit rises by annual 15% in January – October 2023

Cyprus’ trade deficit for the period reached €7.29 billion, compared to €6.33 billion in the respective period of 2022

07:48 - 12 December 2023

President urges for more funding for migration in EU teleconference

Christodoulides made the statements during a preparatory teleconference for the upcoming European Council meeting

07:41 - 12 December 2023

Cyprus and France update double tax treaty

The update was deemed necessary in an effort to eradicate double taxation concerns

15:14 - 11 December 2023

EIMF introduces new Master Programme in Governance, Risk and Compliance

The main objective is to equip students with the necessary knowledge and skills to navigate regulatory landscapes

10:37 - 11 December 2023

Value of Cypriot bonds held by Eurosystem unchanged in November

The value of Cypriot bonds held by the Eurosystem remained unchanged at €6.75b in November

08:13 - 11 December 2023

President: Fitch rating a recognition of government planning

He said the revision came just hours after the House passed the bills containing a package of measures to tackle …

08:10 - 11 December 2023

President: Conditions met for second raft of RRF

With the help of Parliament, he said, the process can begin for the disbursement of the third instalment as well

07:40 - 11 December 2023

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Economy

Commerce ministry co-organises business forum in Vienna

EC approves first amendment to Cyprus' CAP 2023-2027 strategy

NPLs continued quarterly decline in Q3

FinMin welcomes newly-passed foreclosures framework

Cyprus’ banks have second lowest deposit rates in EU

Successful Cyprus business mission to New York

Updated "Aphrodite" gas field plan with FPU inclusion, Energy Minister says

Milestones from 2nd & 3rd tranche of NRRP completed, says Spokesman Letymbiotis

We need to safeguard the economy’s upward trend, Finance Minister says

Energy Ministry expects Chevron proposals for “Aphrodite” by end-March

Digital euro will not be a threat to the role of banks, CBC Governor says

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