Souzana Psara

Eurozone finance ministers decided to gradually phase out energy support measures in 2024 in favour of fiscal prudence, aimed at reducing government deficits. The gradual abolition of energy support measures was ...

According to the Cyprus Statistical Service (Cystat) report ‘Registration of Motor Vehicles’ for the period January-February 2024, vehicle registrations increased by 45 per cent. Furthermore, the share of electric vehicles has reached 3.1 ...

Cyprus saw a significant reduction in its trade deficit, which stood at €566.5 million in January 2024, according to the Cyprus Statistics Service Cystat. This was a marked decline compared to €1.419.9m ...

The Deputy Minister of Shipping, Marina Hadjimanoli said Cyprus was committed to attracting young people to the maritime profession as well as more women as part of its effort to ...

Finance Minister Makis Keravnos is in Brussels for the Eurogroup meeting at which ministers are set to discuss macroeconomic developments and prospects in the Eurozone. Their focus will be on ...

Here are the top business stories in Cyprus from the week starting March 4: Recently, consulting and advisory firm PwC Cyprus hosted a significant event to present its annual report on ...

Cyprus has been ranked at a lowly 37th place in terms of the best EU Countries for women’s career progression, according to a study conducted by analysts at Claims....

The Cyprus Registry marked its 60th anniversary of participation in global shipping activities earlier this week, highlighting its journey towards becoming a key player through a strategy focused on responsible ...

Cyprus saw a modest inflation increase of 1.8 per cent in February 2024, a development primarily driven by the services sector, according to a report released on Thursday by the Cyprus Statistical ...

Reflect Festival, the region’s most prominent technology and innovation event, recently took its commitment to fostering international collaboration to new heights with the launch of Reflect Pop-Up Riyadh. This ...

The Great Britain-Cyprus Business Association held a conference on Tuesday evening which put the spotlight on Larnaca’s potential as a key investment destination. The event, titled “A Hidden Gem ...

Cyprus’ Finance Minister Makis Keravnos met with the chairman of Greece’s Independent Power Transmission Operator (Ipto) Manousos Manousakis, according to an announcement released on Tuesday evening. The announcement said ...

Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus ...

As the summer season approaches, Cyprus airports are bustling with over 3,000 workers daily, employed by the numerous companies operating within the airport facilities, according to an announcement released on Tuesday ...

Platres’ Forest Park Hotel has been sold to forex and CFD brokerage firm XM for over €10 million, with a major €15 million renovation expected to follow, according to reports released on ...

With the participation of dozens of students, the 15th Informatics Day was successfully held for Middle and High School, Private Education, and Technical School students, from Famagusta, Larnaca, Limassol, and ...

For the second consecutive year, the University of Nicosia and Junior Achievement Cyprus co-organised the World Conference on Business Education, with the theme “Development of Business Skills”. This event took ...

Celestyal Cruises and the Cyprus Maritime Academy on Monday announced the signing of a Memorandum of Understanding, marking a significant collaboration in the realm of maritime education. Under this agreement, ...

In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban ...

Here are the top business stories in Cyprus from the week starting February 26: The Cyprus Marine Club (CMC), a renowned non-profit organisation that plays a pivotal role in bringing together ...

Eurostat’s latest data reveals a compelling shift in the landscape of Renewable Energy Sources (RES) for heating and cooling within the European Union. The year 2022 witnessed a substantial surge, ...

The Ministry of Energy, Commerce, and Industry this week announced the extension of the deadline by six months, for approved applicants, to fully implement their investment proposals under the first ...

In a marathon session that extended into the early hours of Friday, the House unanimously approved the budget of the Cyprus Stock Exchange (CSE) for 2024. At the same time, the ...

The Deputy Ministry of Tourism and the Cyprus Hospitality Association this week held the Cyprus Hospitality Awards, an event that sought to honour exceptional people and businesses from the tourism ...