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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 ...
Strict COVID-19 social distancing rules seem to be working after Cyprus saw a 33% dip in confirmed daily cases on Sunday falling to 20 from 30 with total deaths attributed to the virus remaining at nine.
A new smartphone app wants to give users the possibility of avoiding crowded supermarkets when purchasing basic goods during the Covid-19 lockdown measures by providing relevant information in real time, the CNA reports.
A Cyprus e-health national platform for inpatient and remote monitoring of COVID-19 cases is on trial at Famagusta and Nicosia General hospitals.
Cyprus is using technology in its struggle to stem the spread of COVID-19 by launching an application to help people who don’t work from home to keep track of their contacts and locations visited, in case they contract the disease.
Finance Minister Constantinos Petrides on Friday welcomed the announcement by the banks’ association (ACB) that they would not charge compound interest on the deferred interest accrued from the suspension for nine months of loan installments.
The announcement by Fitch rating agency ranking Cyprus’ long-term rating as stable highlights the government’s responsible management both of the economy and the public finances under the present adverse conditions, the ministry of finance said on Saturday.
A consortium of IT, software and Fintech companies donate medical supplies and money to strengthen the preparedness of the Cyprus medical system to the threats posed by COVID-19.
The health ministry on Thursday announced 36 new coronavirus cases, and one new death, bringing the total to 356 in the government-controlled areas so far plus 10 deaths.
Up until March 31 the mortality rate associated with Covid-19 in Cyprus was less than one in 100,000 people, while the case fatality rate stood at 3%, according to epidemiological data released by the health ministry on Thursday.
Aradippou municipality has started testing residents for the coronavirus following an increase of confirmed cases in the area, mayor Evangelos Evangelides said on Friday.
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