#Cyprus economy

Finance Minister Constantinos Petrides on Tuesday charged Akel-backed independent presidential candidate Andreas Mavroyiannis with taking a populist stance on the economy, criticising his proposed policies and saying it was Akel ...

Cyprus ranks fifth among EU member states as regards absorption from the EU cohesion funds, Finance Minister Constantinos Petrides said on Saturday. He added that the “challenge” now is to ...

The outgoing year saw a number of key events in Cyprus’ economy and business world, ranging from domestic legislation to influential international incidents By Kyriacos Nicolaou Resilience amidst adverse conditions ...

Cypriot public finances improved due to increased growth, although they are expected to be adversely affected due to a projected slowdown in the next few months, according to the 13th ...

President Nicos Anastasiades on Friday night stressed that his government will not give into new demands that will affect the financial stability of the island for the sake of popularity ...

The HackAdTech Open Hackathon, dedicated to solving AdTech and MarTech challenges, with an emphasis on improving life on the island will open its doors on November 26. The two-day event plans ...

Cyprus has good applied research and that churns out technologies, but it’s missing the funding. A venture capital fund aims to change all that One of the leading contenders ...

By Andreas Charalambous and Omiros Pissarides The Sahel zone is located south of the Sahara desert and it stretches from the west coast of Africa to the east coast by ...

Unions and employers brace for fight over wage rises Unions and employers’ organisations are on a collision course over the cost of living allowance (CoLA), which they are set to ...

Outgoing president Nicos Anastasiades on Sunday claimed that he was handing over a Cyprus “better than the one he received”. In an interview with ‘INSIDER’ magazine and in relation to ...

Cyprus has coped well with the two shocks of the pandemic and the war in Ukraine, taking advantage of the reforms implemented and its strong fiscal position, head of the ...

Cyprus and other EU member states should have done more in the past to be prepared for the green transition and weaning themselves off fossil fuels, Finance Minister Constantinos Petrides ...

Nothing contributes more to the unification of Cyprus than expanding trade and business ties and providing the infrastructure to support them, the UN Secretary-General’s Special Representative for Cyprus, Colin ...

The Cyprus economy is expected to grow by 5.7 per cent this year, President Nicos Anastasiades said on Tuesday addressing The Economist conference in Nicosia. Anastasiades added that public finances are ...

Government more interested in pleasing credit-rating agencies than citizen welfare By Les Manison In presenting the government budget for 2023 to the House of Representatives the minister of finance, Constantinos Petrides, ...

JPMorgan Chase & Co JPM.N Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year, ...

‘Petty politics’ has seen two ministers argue with the auditor general this week in a war of words that does not look like it is going anywhere The government is ...

Credit card transactions during the first eight months of 2022 in the occupied areas by Cypriot citizens residing in the south more than doubled, reaching €29.37 million compared to the corresponding period ...

The prospect of a recession in Cyprus is a distinct possibility According to the latest Eurobarometer by the European Commission seven out of ten Cypriots describe the economic situation of ...

President Nicos Anastasiades is set to present the expected economic and social transformation of the country within the €4.4 billion Cyprus Tomorrow plan at the presidential palace on Tuesday at 7pm. ...

Finance Minister Constantinos Petrides on Saturday welcomed Cyprus’ upgrading by American credit rating agency S&P, which has revised the country’s credit rating from BBB-/A3 to BBB/...

It is ludicrous for the government to claim that it does not have the resources to meet the needs of vulnerable households Accounts and behaviour of the government, banks and ...

The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the ...

The fiscal council has sounded the alarm over delays in securing EU funds from the bloc’s recovery plan, casting a gloomy outlook against the backdrop of record inflation and ...