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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 ...
The health ministry announced six new coronavirus cases on Thursday, identified from 1,774 tests.
The cabinet has appointed a ministerial committee to prepare an action plan for the gradual opening of the island’s two airports, Transport Minister Yiannis Karousos said Thursday.
Pure new bank lending in Cyprus declined by 33% in March compared with the previous month, as the lockdown to curb the spread of the coronavirus outbreak began to bite.
The Council of Ministers decided on Thursday to make available €4.6 million to support farmers adversely affected by measures to contain the spread of Covid-19.
With the partial lifting of the restrictive measures imposed in March to combat the spread of COVID-19 in Cyprus, a number of businesses resumed operations this Monday.
The Cabinet on Thursday approved a new bundle of support measures for businesses to keep the economy afloat after the slowdown brought about by the coronavirus outbreak.
Finance Minister Constantinos Petrides appeared optimistic that Cyprus will emerge from the crisis very soon speaking in the online briefing organized by Invest Cyprus.
Construction work of the casino project in Limassol resumed on Wednesday after COVID-19 lockdown, setting a course to deliver Europe’s largest Integrated Casino Resort (ICR).
Cyprus is heading for a tough economic recession with GDP growth in 2020 to decline -7.4% while public finances will deteriorate with a -7% deficit, according to the EU.
Five new cases of coronavirus were announced by the health ministry on Wednesday evening, bringing the total number of confirmed infections to 883.
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