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Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Current Bank of Cyprus shareholders can use their fix term deposits to buy shares of the bank as part of the share capital increase programme underway, the lender said recently.
Cyprus agricultural exports to Russia reached €13.5 million in 2013, representing 61% of total exports to the country, recent Trade Ministry data showed.
Revenue from tourism rose 10.8% year-on-year in May 2014, to €224.1 million, compared with €201.1 million in 2013, the statistical service said recently.
The rate of inflation in July 2014 decreased by -0.6%, compared to -1.2% in June 2014 and -0.3% in July 2013, the Statistical Service said recently.
The government is open to feedback from the parties that will improve on its foreclosures bill, and has already relayed to the troika a number of these proposals, Finance Minister Harris Georgiades said recently.
The reform of public health care has brought a much needed inflow of euros into parched state coffers, it was reported recently.
Property sales have marked a significant increase this year in anticipation of a new regime that will be caused by the repossession of mortgaged properties, with particular interest by foreign buyers.
A new Finance Ministry bill aims to stop banks increasing their loan profit margins by arbitrarily increasing lending rates.
In a deal signed recently, TUI has captured one of Cyprus’ premier properties, the Sensatori Resort Aphrodite Hills near Paphos.
The number of building permits dropped by 8,2% from January to May, 2014, compared to the corresponding period in 2013, the Cyprus' Statistical Service said recently.
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