The euro area annual inflation rate was stable at 1.0% in August 2019, compared to July, while a year earlier, the rate was 2.1%, according to figures published recently by Eurostat, the statistical office of the European Union.

The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a spokesperson for the Department for Exiting the EU (DExEU) told the press in London.

Cyprus cannot be left behind and adrift in the digital revolution taking place, said Communications Minister Vassiliki Anastassiadou at the Connecting Europe Facility (CEF) Digital Workshop.

The total worth of Cyprus properties were valued at €178.7 billion in 2018r, around €24 million less than they were estimated in 2013, according to the Land Registry Department.

Cyprus recently signed agreements with France’s Total and Italy’s Eni for exploration in block 7 of Cyprus’ exclusive economic zone (EEZ).

The cabinet recently approved the state budget for 2020, which Finance Minister Harris Georgiades said was balanced and provided for a surplus, but warned of risks to economic stability due to unforeseen Brexit impacts.

Cytaglobal Expands Cloud Constellation’s Presence in Asia, Africa and Europe

A brand new China Park is set to be introduced to the public in Paphos.

Tourist arrivals in August 2019 rose by an annual 3.6% to total 553,845 which constitutes a new all time record for the month, CyStat said recently.

Expectations that Larnaca will get its first shopping mall earlier than expected are high as contractors Iakovou Brothers say they are ahead of schedule.