Kyriacos Nicolaou

Hourly labour costs (total costs) in Cyprus saw a 4.9 per cent increase during the first quarter of 2024, when compared to the same period during the previous year, according to a ...

Employment in Cyprus’ broad public sector exceeded 75,000 people in the first quarter of the year, reflecting an increase of 4.1 per cent, primarily due to a rise in employment within the ...

Cyprus’ general government recorded a surplus of approximately €600 million in the first quarter of 2024, reflecting a 58 per cent increase from the previous year, driven by revenue growth outpacing expenditure, according ...

The Finance Ministry is contemplating a return to financial markets in the near future, aiming to capitalise on the Cypriot economy’s positive momentum, which has been further reinforced by ...

The occupancy rate of the aircraft arriving in Cyprus last month reached around 85 per cent and is on the rise as peak season approaches, Hermes Airports said on Friday. Director ...

The number of job vacancies in Cyprus rose by 7.3 per cent on an annual basis in the first quarter of the year, with the increase accelerating to 9.9 per cent compared ...

Invest Cyprus, the agency tasked with promoting investments in Cyprus, on Friday announced that it has successfully concluded a three-day programme titled ‘The Marketing and Partnerships Academy’, which was held ...

The East Mediterranean Gas Forum (EMGF), based in Cairo, has announced a recruitment process for two vacant positions, according to an announcement by Cyprus’ Ministry of Energy, Commerce, and Industry. ...

Over the past five years, 275,000 individuals participated in 30,500 training programmes by the Human Resource Development Authority of Cyprus (Anad), with a total expenditure of €102.3 million, according to chairman Demetris Kittenis. ...

Deputy Minister of Tourism Kostas Koumis this week confirmed that there have been no flight cancellations to Cyprus due to the recent fires that ravaged parts of the island, which ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

Deputy Minister of Tourism Kostas Koumis on Thursday said that the strengthening of diplomatic relations between Cyprus and Jordan is helping to significantly lift the island’s tourism sector. In ...

The demand for loans in Cyprus saw a further decline in the first quarter of 2024, with banks attributing this decrease to high interest rates, according to a report released on ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance at the University of Cyprus (UCY) on Thursday jointly launched an educational initiative aimed at enhancing ...

Panagiotis Polydoros, Country Manager of Mastercard for Greece, Cyprus, and Malta, used a press conference held this week in Nicosia to underscore Mastercard’s confidence in Cyprus and its vision ...

Professional associations, who are members of the Cyprus Federation of Employers and Industrialists (Oev), this week met with the newly elected president of the European Committee for Electrotechnical Standardisation (CENELEC), ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday opposed the imposition of a windfall tax, emphasising that such a tax would harm the economy by disrupting the necessary ...

The Office of the Commissioner for State Aid Control has advocated that Cyprus’ energy isolation and high energy costs, combined with other unique challenges related to the island’s energy ...

The international use of the euro remained broadly stable in 2023, with its share across various indicators of international currency use staying above 19 per cent. This stability, close to the average ...

The Cyprus Chamber of Commerce and Industry (Keve), in conjunction with the Cyprus-Israel Business Association and the Embassy of Israel, has released a public invitation to a presentation on advanced ...

Before we get into the specifics of the review, let me invite you to take a walk in my proverbial shoes, or sandals, since this is Cyprus. It’s an ...

Eurobank Cyprus on Wednesday announced that it will soon proceed with the culmination of an initiative to support and reward its up-to-date mortgage customers by reducing the final interest rate ...