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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 ...
International lenders have begun a second inspection visit to Cyprus to assess progress in economic restructuring outlined in a €10 billion aid plan brokered in March to avert the island’s financial collapse.
The scope for further economic cooperation is enormous, says newly appointed President of the Cyprus China Business Association Panicos Kaouris.
Government to issue international invitation for expressions of interest to develop site.
German Chancellor Angela Merkel says Berlin positively views a Cypriot proposal for greater involvement of the EU in a new peace drive on the island.
Linking research based development and research based education to industry needs is to be at the core of a new economic model for Cyprus according to Finance Minister Harris Georgiades.
The board of the Bank of Cyprus (BoC) announced the appointment of John Patrick Hourican as the bank’s new CEO.
MIT researchers have warned Cyprus to think carefully before investing a substantial amount of money in a rather unpredictable resource like natural gas, noting the “large amount of uncertainty” surrounding the rapidly changing global gas market.
The two negotiators in the peace talks have agreed to visit the capitals of Greece and Turkey for talks by the end of this month, Turkish Cypriot negotiator Osman Ertug said.
Tourist arrivals rose 6.7% year-on-year in September, the statistical service has announced, as total arrivals in the first nine months were down by around 3.0%.
Energy minister Giorgos Lakkotrypis has confirmed media reports that he has floated a plan for joint exports of natural gas with Israel via a facility in Cyprus.
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