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Cyprus maintained one of the strongest fiscal positions in the European Union in 2025, according to figures from Eurostat, recording a budget surplus while most member states posted deficits.
Cyprus tourism stakeholders struck a slightly more upbeat note this week after an expanded meeting at the Deputy Ministry of Tourism, saying recent weeks had brought more encouraging signals even as the sector continued to grapple with weaker demand.
Cyprus is emerging as one of Europe’s fastest-growing innovation hubs. Startups founded on the island are building global products, attracting international investment and expanding into markets far beyond the Mediterranean.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Greek banker Christos Sorotos has been appointed interim Chief Executive Officer at Bank of Cyprus, the island’s biggest lender currently under temporary control by the Central Bank (CBC) as part of Cyprus’ bailout.
Chinese plan to invest €1.5 billion in Cyprus, showing strong confidence in the prospects and potential of the country.
US firm Noble Energy is to begin appraisal drilling at the Aphrodite offshore prospect in early June to confirm Cyprus' estimated hydrocarbon reserves.
Leaked internal documents of the International Monetary Fund (IMF) reveal the executive board’s concern over “optimistic” and “ambitious” forecasts of a Cyprus recovery under the troika bailout and adjustment programme.
Executive President of the Cyprus National Hydrocarbons Company (CNHC) Dr. Charles Ellinas shares his vision.
A leading accountant has called on Cypriot financial authorities to lift restrictions to avoid foreign investors and companies running out of patience and deciding to take their business elsewhere.
The sale of Cypriot banks’ Greek operations to Greece’s Piraeus Bank was a political decision, the Central Bank chief said yesterday.
Land registry employees are putting in extra hours without pay to reassess property values as part of the island bailout deal.
The health ministry is looking to buy services from private doctors to reduce long waiting lists in the state sector.
The Council of Ministers of Cyprus has appointed three members to the Central Bank’s Board of Directors.
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