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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 ...
Inspectors from the troika of international lenders start contacts with Cypriot authorities as part of the island’s third review following the bailout in March 2013.
Bank of Cyprus (BoC) announces the release of some €900 million that were held in fixed-term deposits, blocked following the lender’s recapitalisation last year.
The economic sentiment indicator in Cyprus improved for the ninth consecutive month, according to recent data released by the European Commission.
UK Cypriot Demis Hassabis, co-founder of an artificial intelligence company, has sold his firm to Internet giant Google for €300m (£242m).
Cyprus and Israel will be cooperating in a joint research programme that has a budget of half a million euros, the Research Promotion Foundation (RPF) has announced.
For the second time over the last couple of months, Turkey has encroached into Cyprus’ Exclusive Economic Zone (EEZ), dispatching research vessels to waters south and southwest of the island.
The road to economic recovery may be long and fraught with obstacles, but there are encouraging signs that Cyprus can make it, says President Anastassiades.
The Cyprus Government, within the framework of its efforts to promote the creation of the Cyprus Science Technology Park (STP) in Limassol, has invited interested parties for an Initial Expression of Interest.
Legislation to grant a 25% discount on taxable income for labour costs to employers who hire registered unemployed was recently discussed at the House Finance Committee.
Russia’s giant Alfa Banking Group is very close to buying Bank of Cyprus’ shareholding in Ukrainian subsidiary PJSC at the price of €225 million.
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