economy
By Andreas Charalambous and Omiros Pissarides The economy of Cyprus depicts positive features as regards growth, employment and public finances. However, its economic development model...
Fitch upgrades Cyprus’ rating, sees resilience from external shocks
International rating agency Fitch, has upgraded Cyprus’ long-term credit rating by one notch to ‘BBB’ with a stable outlook citing, outperformance of fiscal balance and...
Cyprus economy has performed ‘remarkably’ says IMF official
The Cypriot economy has achieved remarkable performance in recent years amid a period of sustained instability, a senior official with the International Monetary Fund (IMF)...
Performance of Cyprus banks disappointing since 2015
Bankers failed to make use of idle cash and help create a healthy, equitable economy The activities and performance of Cyprus banks during the Anastasiades...
Our View: Presidential candidates must put economy above populism
It was to be expected that in a week in which economic demagoguery dominated the election campaign, the only sensible comments we heard about the...
‘Mavroyiannis’ economic policies only possible with use of magic wand’
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...
Petrides says Cyprus fifth in absorption of EU Cohesion Funds
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...
Cyprus economy in 2022: the year in review
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...
Cyprus economy ‘coped well with pandemic, Ukraine war shocks’
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...
Petrides: Cyprus and EU states should have prepared sooner for green transition
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...