Kyriacos Nicolaou

The government announced a series of measures on Wednesday to combat rising energy costs, including subsidies, VAT reductions and housing policies designed to support vulnerable groups. The decisions were taken ...

Despite its great location at the heart of Limassol’s historic city centre, Giagkini is not exactly easy to find. Located on a Saripolou sidestreet, the only thing identifying it ...

Total sales of oil products in Cyprus reached 130,124 tonnes in September 2024, marking a marginal decrease of 0.4 per cent compared to September 2023, according to a report from the Cyprus Statistical Service (...

Cyprus’ refinancing needs will remain within manageable levels for the coming years, well below the ten per cent of GDP threshold. Projections estimate requirements at around three per cent of ...

Cyprus recorded a negative annual net financial position of -€29.12 billion in 2023, according to a report released on Tuesday by the state’s statistical service. As of December 31, 2023, the total ...

The Ministry of Energy, Commerce, and Industry on Tuesday approved changes to the “conserve and upgrade for businesses and other entities” grant scheme. The scheme aims to provide support for ...

The Deputy Ministry of Tourism is set to launch a series of initiatives in 2025 to support, promote, and enhance Cyprus as a tourist destination, according to the budget it submitted ...

Cyprus’ refinancing needs will remain within manageable levels for the coming years, well below the ten per cent of GDP threshold. Projections estimate requirements at around three per cent of ...

The Central Bank of Cyprus reported on Friday that total loans in Cyprus increased by €107.3 million in September, reversing a decline recorded in the previous month. This growth was primarily ...

Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the University of Cyprus’ Economics Research Centre (CypERC), recorded a year-on-year increase of 1.1 per cent in September 2024. This follows annual growth rates ...

The Cyprus Stock Exchange (CSE) and Invest Cyprus, the country’s official investment promotion agency, signed a Memorandum of Understanding (MoU) on Friday. According to a joint statement from the ...

Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the University of Cyprus’ Economics Research Centre (CypERC), recorded a year-on-year increase of 1.1 per cent in September 2024. This follows annual growth rates ...

The Interior Ministry this week highlighted a rising demand for apartments, linking this trend with the number of people who have utilised housing assistance provided by revised support schemes. This ...

Cypriot firm Embio Diagnostics on Friday announced that it recently represented the country at GITEX Global 2024, one of the world’s most prestigious technology and startup expos. According to the ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it regards its active participation in this year’s World Investor Week (WIW) 2024 as a “complete success.”This global ...

Cyprus investment promotion agency, commonly referred to as Invest Cyprus, on Thursday announced the signing of a memorandum of understanding (MoU) with Invest Paraná, the investment promotion agency of the ...

Cyprus investment promotion agency, commonly referred to as Invest Cyprus, on Thursday announced the signing of a memorandum of understanding (MoU) with Invest Paraná, the investment promotion agency of the ...

The Cyprus Union of Shipowners (CUS) has taken a prominent role in recent years in promoting and strengthening the country’s shipping sector, according to union vice president Polys Hajioannou. ...

CySEC officer Elena Karkoti this week released an article highlighting the importance of financial education from an early age, as part of the Cyprus Securities and Exchange Commission’s (CySEC) ...

The Cyprus Investment Funds Association (CIFA) held its Athens roadshow this week, with primary focus revolving around the prospects Cyprus offers in the field of investment funds. The event was ...

The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but it should remain vigilant about potential upside risks, ...

The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but it should remain vigilant about potential upside risks, ...

Cyprus’ fiscal balance has made a remarkable recovery from recent shocks, with current fiscal surpluses exceeding pre-pandemic levels, according to rating agency Morningstar DBRS. The agency attributed this improvement to ...

Cyprus recorded a fiscal surplus of €631.80 million in 2023, corresponding to 2 per cent of its GDP, according to a report from the state’s statistical service. Meanwhile, the public debt for ...