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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 ...
Cyprus jointly ranked top amongst EU countries for the share of population who streamed TV or videos in 2020.
The number of registered unemployed in the second quarter of 2021 was 39,224 taking the jobless rate to 8.4% (men 7.5%, women 9.5%) from 30,451 (6.8%) in the same quarter last year.
Post-pandemic Cypriots have gained an appetite for gambling, as they have spent over €137 million on slot machines at Cyprus Casinos in just six weeks, according to Q2 data released by operators Melco.
The stolen Royal iconostasis doors of Ayios Anastasios church in the Turkish-occupied Peristeronopigi village of Famagusta have been repatriated from Japan after a complex legal struggle.
The Central Bank of Cyprus published data showing the evolution of aggregate non-performing loans for all credit institutions, with NPLs standing at €5.134 billion in May from €5.141 million the month before.
Unlike the technical university in Limassol, the University of Cyprus has stopped short of taking the bold decision to only allow vaccinated and recovered students on campus for the new semester.
Now that it is almost certain Cyprus is to give a third Covid-19 booster shot to protect the elderly and most susceptible, scientists are suggesting the mixing of two different vaccines.
Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the Central Bank of Cyprus said on Tuesday in its Bank Lending Survey (BLS).
Cyprus has made further progress in its EU recovery and resilience plan after the cabinet on Monday approved the government’s agreement with the European Commission, the ministry of finance said on Tuesday.
The Finance Ministry on Tuesday issued a decree obliging companies in Cyprus operating in the service sector and retail trade to accept payments via cards as from September 20.
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