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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 ...
Demetra Investments Ltd increased its stake in Hellenic Bank from 18.42% to 21.01%, according to a CySEC announcement.
President Nicos Anastasiades said recently that the government will continue to responsibly promote the necessary reforms to the economy that will aid all people.
The deputy minister for tourism Savvas Perdios is to begin a round of contacts abroad to discuss prospects for the coming winter season 2019-2020, and also the current summer season, which as just opened, an announcement said recently.
Only 14% of ICT specialists in Cyprus are women, making the profession a male-dominated one but in some countries it's even worse.
New company registrations fell 7.9% year-on-year in April 2019, 1,077 compared with 1,169, company registrar figures showed recently.
Bank of Cyprus said recently it has generated a €95m net profit in the first quarter of 2019 on tax legislation amendments and adjustments in the sale of non-performing exposures.
The Bank of Cyprus’ board of directors recently announced it had appointed Panicos Nicolaou as the group’s chief executive officer to succeed John Patrick Hourican.
Elias Neocleous & Co LLC advises Blackstone on Cyprus law aspects of its investment in Superbet Romania
Talks between Total and Eni and the government to explore Block 7 of Cyprus’ EEZ are at an advanced stage and the announcement of an agreement is only a matter of time a government source told state broadcaster CyBC, it announced recently.
A strong 16% increase was recorded in credit card transactions during April 2019, reflecting the continuous recovery in consumption, while tax and other online payments to the state played a significant part in the upswing.
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