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The Cyprus government recorded a fiscal surplus of €918.7 million in 2023, constituting 3.1 per cent of the Gross Domestic Product (GDP), with government debt reaching €23.03 billion, accounting for 77.3 per cent of GDP, according to a report by the state’s statistical service.
The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of the dual-listing of Euro Medium Term Notes (EMTN) of the Republic of Cyprus at the Cyprus Stock Exchange.
Deputy Minister of Tourism Kostas Koumis and Ambassador Khaled Yusuf Ahmed Al Jalahma from the Kingdom of Bahrain, who is based in Tel Aviv, held a meeting on in Nicosia, according to an announcement released by the Cypriot tourism ministry.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Investors view Cyprus in a positive way, Finance Minister Harris Georgiades said recently, but warned that money will not start flowing into the country overnight.
The chairmen of three investment funds from Kuwait arrive in Cyprus to hold a series of meetings with the government and the Cyprus Investment Promotion Agency (CIPA).
John Defterios speaks with the developers behind a waterfront development hoping to make Cyprus island a luxury yachting destination.
A deal has been signed between the Cyprus Tourism Organisation and Edelweiss airlines to start operating direct flights from Zurich to Larnaca from November 2014.
The official website for the Paphos Tourism Board is boasting further success following the recent analytics report for 2013.
The Electricity Authority is entering the alternative energy market with a 3MWp solar park near Tseri that will come online in May 2014 and a larger 30MWp plant near Limassol by the end of 2015.
Bank of Cyprus has completed the sale of its Ukrainian business and stake in Banca Transilvania ahead of schedule.
The partners developing Israel's offshore Leviathan natural gas field, Delek Drilling are looking to sell gas through a pipeline to Cyprus, according to officials.
It has been reported that Canada is showing an interest in the developments of Cyprus' hydrocarbons sector, following a recent statement to this effect by the Canadian High Commissioner based in Athens.
President of the Cyprus Hydrocarbons Company (CHC) expects significant developments, which will enhance the option of creating an onshore LNG terminal at Vasilikos.
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