#Cyprus economy

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 ...

Barry Iacovou is the CEO of BDO Cloud Services Limited, a subsidiary of the Cyprus member firm of BDO International. The company was set up specifically to house ‘BDODrive,’ the ...

Tickmill provides first class financial products and services, catering to the needs of retail and professional clients around the world, offering a safe trading environment, outstanding customer support, access to ...

Financial stability is as shared of aspiration as you can find. While money may not buy happiness per se, it does help relieve stress, and the absence of anxiety makes ...

Weighing its own responsibility to the community, and confident that the future is green, Hellenic Bank leads the transition to the Green Economy – investing in the application of sustainable practices ...

MAP S.Platis is a leading financial services consulting group with clients that include regulators, banks, funds and fund managers, investment firms, brokers, fintech firms, insurance firms, and payment and ...

For the most part of modern history, businesses, corporations, and other professional organisations overwhelmingly take decisions based on how they impact their ability to turn a profit and remain viable ...

Eliza Livadiotou, Executive Director Finance and Legacy at Bank of Cyprus, speaks exclusively with Cyprus 4.0 about the bank’s history, achievements, sustainability strategy, and significant role in the country’s ...

Cabinet on Friday approved a €103m package to help households ride out a surge in the cost of living fueled by sharp increases in energy prices as a result of ...

The magnitude of the impact on the Cyprus economy from the war in Ukraine will depend on the duration of hostilities, and sanctions against Russia, Central Bank of Cyprus (CBC) ...

The government and banks issue deceptive statements and statistics and the media blindly report them without question By Les Manison According to Reporters Without Borders, Cyprus ranks 69th on the “...

Finance Minister Constantinos Petrides on Monday pledged support for vulnerable groups in the face of growing inflation and rising costs. He conceded that the next few years would be difficult, ...

The government does not intend to raise taxes, but will rather pursue a policy of stimulating growth and attracting new investment in response to the coming economic slump, Finance Minister ...

The breakaway regime in the north has inked a deal for economic and fiscal cooperation with Turkey, the latter pledging to the former some 4.25 billion Turkish lira (€270 million) for this ...

Finance Minister Constantinos Petrides has pledged to hold fast amid mounting calls for an increase in government handouts, warning that otherwise the public debt may spiral out of control. Appearing ...

By Andreas Charalambous and Omiros Pissarides Economic indicators confirm that Cyprus enjoys a satisfactory standard of living. However, the periodic crises, experienced during recent decades, as well as the new ...

How politics has led to deterioration of the labour market since 2012 Has the Cyprus economy recovered from the financial crisis of 2012/2013 in that the majority of its citizens by 2021 were ...

Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund (IMF) has said, adding that the key ...