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The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to benefit from credit expansion, resilient interest income and rising fee revenue.
Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its facilities in Larnaca, strengthening Cyprus’ position as a regional aviation maintenance hub.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Cypriots display a lack of trust towards European and national institutions, according to the latest Eurobarometer survey, giving the first place of their mistrust to political parties, with 91%.
To boost economic growth, the CSE is adopting a new strategy focusing on the further development of enterprises through its market mechanisms.
DIKO votes to leave the government coalition over disagreements with the President concerning the terms for the resumption of peace talks.
Hellenic Bank continues to be at the top of the Reliability Index in a comparison of 10 Credit Institutions operating in Cyprus, according to a RAI Consultants survey.
Cyprus' shipping remains strong, despite the shock caused in the country’s economy, Communications and Works Minister Tasos Mitsopoulos says.
The Energy Minister says the contribution of tourism to Cyprus’ economy was more than valuable in 2013, with revenue from 2.4 million tourists reaching €2.1 billion, recording an increase of 9% compared to 2012.
More than 13,000 families in Cyprus are living below the poverty line, who are forced to survive with the help of local food kitchens and other volunteer activities according to the Volunteer Commissioner.
The Finance Minister promises hoteliers to do everything he can to help boost ailing winter tourism, including tax incentives, and a possible reduction in airport landing charges for specific periods.
The Aristotelis project, a ministry-endorsed initiative by a private publishing firm to create electronic versions of schoolbooks as study aids, will now be offered free-of-charge, it was announced recently.
The IMF favours postponing the full implementation of the National Health Scheme (NHS), according to an internal note by the Health Ministry, proposing instead a gradual implementation due to the fragile economy.
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