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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 ...
Secret checks and assessments will be carried out at hotels throughout the island, the deputy ministry of tourism announced on Wednesday.
EY comes together with coalition to help establish ethical artificial intelligence systems.
A year before the launch of the general health scheme, Eurostat figures for 2018 show that 1.7% of people in Cyprus aged 16 and above reported unmet needs for medical examination or treatment.
Revenue from tourism fell 1.5% year-on-year to €2.3 billion in the first nine months of the year, the statistical service said on Tuesday.
A second vessel, the LEF1, was sunk on Tuesday in Larnaca to create artificial reefs following the sinking of the Elpida at the weekend.
Cypriots want stronger representation at the European Commission, a Eurobarometer report revealed on Tuesday.
The US Congress is expected to approve by Thursday a bill lifting an arms embargo on Cyprus, which has been in place since 1987. The embargo will be lifted once Congress passes the National Defense Authorization Act for 2020.
Despite a 2% annual decrease in the use of plastic money in November, for the first 11 months, a 12% rise reflects stable consumer confidence.
Akel MP Irini Charalambidou is sounding a wakeup call to fellow legislators sitting on the House watchdog committee to follow up on the infamous list of non-performing loans (NPLs) held by Politically Exposed Persons – a matter that has been memory-holed since July.
Cyprus’ productivity growth has been weak and private sector indebtedness remained high, the IMF said on Tuesday, urging the government to intensify efforts to address crisis legacies, given the significant downside risks.
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