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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 ...
The discovery of natural gas in the Eastern Mediterranean is changing the geopolitics and economics of the region in ways that are still evolving, according to new research.
Cyprus has an extensive network of almost 50 Double Tax Treaties and has now successfully concluded a treaty with Spain.
Governor of the Central Bank of Cyprus Panicos Demetriades is reported to be in London for meetings with people who could be interested in investing in Cyprus’ banking sector.
Ruling party DISY says statements made by a European Central Bank policymaker not ruling out a haircut of bigger depositors in Cypriot banks, only served to undermine the credibility of the eurozone.
New President Nicos Anastasiades has announced his ‘Dream Team’ cabinet, comprising technocrats, politicians and academics who will deal with a multi-billion rescue from international lenders.
Nicos Anastasiades has won Cyprus' presidential runoff vote, winning 57.48% of the vote, one of the highest in the Republic’s history.
French energy giant Total is expected to start drilling for natural gas exploration in the eastern Mediterranean near the Cyprus coast some time in 2014.
International Monetary Fund chief Christine Lagarde said the solution to Cyprus’ economic woes must be comprehensive, without however offering any details on how it would be achieved.
Cyprus is among the EU member states with the best performance in transposing EU rules into national law on time, according to the European Commission`s Internal Market Scoreboard.
President of the European Central Bank (ECB) Mario Draghi has said that it is important that an adjustment program with Cyprus be agreed, after the presidential elections on the island, the second round of which will take place this coming Sunday.
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