Tourism revenue dropped in May
Revenue from tourism decreased by 5.8 per cent in May compared to the corresponding month last year, the statistical services announced on Friday. On the...
revenue
General government generates €215m surplus in January to July
The general government generated a €215.2m budget surplus on a cash basis in January to July, compared to a €91.2m shortfall in the respective period...
Tourism revenue up 5%, as Brexit starts to take its toll
Revenue from tourism rose an annual 5 per cent in September, to €337.1m, against a 17 per cent rise in arrivals, as Cyprus is getting...
Taxi drivers say losing half their turnover to pirates
The head of the Nicosia taxi drivers’ association complained Wednesday that drivers were losing half their income to pirates and demanded something be done about...
Record tourism revenue in July
July was a record month for tourism with revenues reaching €402.2 million compared to €342.1 million in the corresponding month of the previous year, an...
Georgiades expects up to €600m a year from natural gas revenues in 12 years (Updated)
Finance Minister Harris Georgiades expects that Cyprus will annually receive up to €600m in gas revenues inside of 12 years once exploitation of the Aphrodite...
Our View: Unions should not be allowed to ruin tourism revival
EVERY few weeks we read in the papers about a new high achieved by the tourism industry this year. We have read about a record...
Revenue from tourism rises 2.5% in January, as arrivals rise 16%
By Stelios Orphanides Revenue from tourism rose an annual 2.5 per cent in January, to €29.1m, the statistical service said. While the number of tourists...
Ayia Napa municipality well into the black in 2015
Three years after Yiannis Karousos was elected mayor, the municipality of Ayia Napa has a surplus of more than €2 million, he announced on Thursday....
Revenue from tourism rises 26% in November
By Stelios Orphanides Revenue from tourism rose 26 per cent in November, to €81.9m, compared to the respective month of 2014, the statistical service said....
