KEDIPES approves draft for mortgage-to-rent scheme

The scheme is currently being assessed by the European Commission’s Directorate-General for Competition (DG Comp) to ensure it is in …

16:14 - 14 March 2023

Our aim is to further develop Cyprus shipping, Deputy Minister Hadjimanolis says

The Deputy Ministry of Shipping and the Cyprus Shipping Chamber have reaffirmed their cooperation in efforts to further develop the …

07:55 - 14 March 2023

Trade deficit records sharp increase in January

Trade deficit reached €1,393.3m in January compared to €528.7 million in the same month of 2022, recording an increase of …

15:26 - 13 March 2023

Government employment down an annual 3.3% in February

The decline was attributed to the transfer of Hourly Paid Workers from the Ministry of Health to the State Health …

13:42 - 13 March 2023

CBC Governor: Financially literate citizens contribute to economy's efficiency and growth

"Studies indicate that poor financial decision-making, including excessive risk-taking by individuals, preceded financial crises in the past"

10:31 - 13 March 2023

Parliament rejects bill on new foreclosures moratorium

The House has rejected a bill delaying property foreclosures for another three months.

10:41 - 10 March 2023

Labour Minister calls for constant upgrade in employees’ knowledge and skills

He was addressing a ceremony for the presentation of the Cyprus Human Resources Development Authority’s report titled “Projections for demand …

09:40 - 10 March 2023

Number of building permits decreased in 2022

The number of building permits and total area recorded a significant decrease in 2022 compared with the previous year

08:13 - 10 March 2023

Mayor of Larnaca: Ferry connection to Piraeus will help Cyprus tourism

Larnaca Mayor, Andreas Vyras, has told CNA he believes the Larnaca-Piraeus sea connection, which will begin in August, will generally …

13:55 - 09 March 2023

Cyprus had EU's third largest GDP increase in Q4 last year

Cyprus in particular had the third largest increase in GDP and the fourth largest increase in employment compared to the …

13:26 - 09 March 2023

Registration of saloοn cars down 1.9% in February

Registrations of passenger saloon cars in February this year fell by 1.9% to 2,287, from 2,331 in February 2022.

10:21 - 09 March 2023

Total employment up in Q4 2022

Total employment was up 3% y-o-y, total hours worked up 3.5%

08:08 - 09 March 2023

Larnaca-Piraeus ferry link to offer a further boost to local travel industry

The new connection from Larnaca will launch in early August, with weekly trips on Wednesdays and weekends until mid-September

11:04 - 08 March 2023

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Economy

KEDIPES approves draft for mortgage-to-rent scheme

Our aim is to further develop Cyprus shipping, Deputy Minister Hadjimanolis says

Trade deficit records sharp increase in January

Government employment down an annual 3.3% in February

CBC Governor: Financially literate citizens contribute to economy's efficiency and growth

Finance Ministry: looking at ways to tackle NPLs

President Christodoulides welcomes Fitch upgrade

Fitch upgrades Cyprus’ long-term credit rating

Invest Cyprus: Investment relations between Saudi Arabia and Cyprus are entering a new era

UCY Professor sees little risk of financial fallout in Europe from SVB’s collapse

Finance Minister Keravnos in Brussels for Eurogroup and Ecofin meetings

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