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Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat).
The Central Bank of Cyprus (CBC) has released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in borrowing costs across different sectors.
Cyprus’ tourism sector in 2025 is expected to perform similarly to the levels recorded in 2024, according to the president of the Cyprus hoteliers association (Pasyxe) Thanos Michaelides.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Russia has agreed to extended the maturity and reduce the interest on its loan to Cyprus, a document prepared by international lenders showed, providing additional but expected financial relief to the island on top of an EU-IMF bailout.
The protection of offshore gas facilities within the exploration areas between Cyprus and Israel is a top priority between the two countries, with their ministers of defence agreeing this week to raise their military cooperation to new levels.
The European Union, led by Germany, has made Cyprus pay dearly for its alleged money laundering transgressions but one leading anti-money laundering expert questions how the EU will ever repay Cyprus if those charges are proved wrong.
President Nicos Anastasiades has invited the shipping sector to play a leading role in the recovery of the economy.
The European Commission has adopted a reprogramming plan that will help promote growth in Cyprus and strengthen the impact of EU regional funds.
Cyprus government to submit a provisional Immovable Property Tax legislation (IPT) in a bid to meet immediate bailout conditions.
A tenth decree issued by the Central Bank of Cyprus has further eased capital controls for transactions both within and outside the island.
Cyprus is on track to get €3 billion by the end of June after the Board of Governors of the European Stability Mechanism (ESM) decided to show 'solidarity' and grant financial assistance to the troubled island.
The European Investment Bank has approved a loan of up to €100 million for key investments in Cyprus.
Currency controls are expected to be lifted within the next few weeks, definitely within the next six months, according to Finance Minister Haris Georgiades.
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