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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 ...
Residential prices for both houses and flats fell by 1.6% and 0.5% respectively during the fourth quarter (Q4) of 2013, the latest RICS Cyprus’ Property Price Index, published recently showed.
The EAC in a statement says it has already expressed its readiness to co-operate with all relevant departments in the effort to import natural gas for cheaper electricity production.
Authorities issue a fresh warning concerning the potential dangers associated with digital currencies as parliament called on the government to put the necessary safeguards in place to protect the public.
Lebanese real estate investors are increasingly turning their attention to Cyprus, on the heels of the Lebanese banking sector, which has already opened nine bank branches on the island.
Tourists arrivals in February increased by 6.9% compared with February 2013, figures released by the Statistical Service show.
The President says his government is in touch with the local business community in an effort to offer support.
The time needed in Cyprus to resolve litigious civil and commercial cases was 505 days in 2010, according to the EU Justice Scoreboard released recently by the European Commission.
Further steps will be seen following the recent decree that eased domestic capital restrictions.
The annual inflation in Cyprus marked a small increase in February 2014, reaching -1.3% from -1.6% in January.
As regards the expectations from the EU the majority of the Cypriots (50%) as well as the EU citizens (47%) expect that the EU will help to improve the economy and to combating the crisis.
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