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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 ...
Some 280 employees in the co-operative sector have opted to take an early retirement scheme, a figure that is close to the target set initially.
The Bank of Cyprus (BoC) has cut the interest rates to the loans of 4,200 people belonging to vulnerable groups by up to 1.0%, says its chairman.
Cyprus is back on the UK overseas property map, as a BBC series features a programme on Paphos and is expected to broadcast a programme on Limassol shortly.
EVA Dimensions downgraded shares of Bank of Cyprus (NYSE:NBG) from a hold rating to a sell rating in a research note released recently, AnalystRatingsNetwork.com reports.
Foreign investors showed great interest in 2013 in a government scheme offering citizenship and permanent residence on the island, says the Interior Minister, adding that cash flow reached €500 million.
British Airways has dynamically welcomed the 2014 summer period, notably increasing its flight schedule from Cyprus towards two of London’s prime airports: London Heathrow and London Gatwick.
From the UAE, the President has stressed that at the heart of the government’s strategy for economic recovery, is the pursuance of Foreign Direct Investment.
Cyprus state gas company DEFA says it has received four proposals to supply natural gas to the island, an interim solution for power generation before its own reserves come online.
The Cyprus Institute of Neurology and Genetics (CING) has the biggest research infrastructure in the area of genetics in the region, said its acting chief executive medical director, as the organisation marked world DNA day.
Reuters says Israel's drive to export its natural gas could help to rebuild strained ties with old regional allies, but could deprive Europe of an alternative to Russian gas, through Cyprus.
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