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Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle East, Asia and Africa.
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
Cyprus’ housing market is showing renewed signs of pressure, with house prices and rents rising faster than the EU average, even though households on the island remain less burdened by housing costs than many of their European counterparts, according to Eurostat data.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The restructuring of Cypriot banks, fiscal discipline and a lower-than-anticipated contraction of GDP may have somewhat improved the country’s economic outlook, but the main underlying challenges to a full recovery remain, say the troika.
The dependence of Cypriot banks on the Emergency Liquidity Assistance (ELA) in December 2013 recorded a further decrease by €224 million, with the amount dropping to €9.55 billion in the last month of 2013, according to the Central Bank.
The need to combat bureaucracy, simplify procedures and update the structures and practices in Cyprus are confirmed through the results of the World Bank’s 'Doing Business Report 2014', presented by CIPA.
The Cyprus Association of Research and Development Pharmaceutical Companies (KEFEA) is concerned over media reports claiming that only one medicine will be available for every disease following the implementation of the NHS.
International lenders believe that the Cyprus property market will pick up in 2014, according to the chairman of the Cyprus Land and Building Developers Association (LBDA) Pantelis Leptos.
Around 15 proposals, covering a broad range of EU Digital Agenda pillars, have been submitted for the first Digital Championship in Cyprus.
Despite the setbacks of the Eurogroup decisions, international shipping companies continue to support the Cypriot economy says Director General of the Cyprus Shipping Chamber.
The Central Bank of Cyprus (CBC) definition of non-performing loans is still a headache for the association of bankers who discussed their concerns with technocrats from the troika of international lenders.
Non performing loans by commercial banks and the co–operative sector inside and outside Cyprus stood at €25.24 billion by September 30th 2013, according to figures published by the Central Bank of Cyprus.
Valued at €620 on the open market, the bitcoin is gradually creeping into more services and establishments in Cyprus, while the authorities are still pondering whether to regulate the virtual currency as a in certain forms but not the trade of the Bitcoin itself.
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