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The Cyprus government recorded a fiscal surplus of €918.7 million in 2023, constituting 3.1 per cent of the Gross Domestic Product (GDP), with government debt reaching €23.03 billion, accounting for 77.3 per cent of GDP, according to a report by the state’s statistical service.
The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of the dual-listing of Euro Medium Term Notes (EMTN) of the Republic of Cyprus at the Cyprus Stock Exchange.
Deputy Minister of Tourism Kostas Koumis and Ambassador Khaled Yusuf Ahmed Al Jalahma from the Kingdom of Bahrain, who is based in Tel Aviv, held a meeting on in Nicosia, according to an announcement released by the Cypriot tourism ministry.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Bank of Cyprus said recently it has reduced non-performing exposures by €454m, or 5% quarter-on-quarter in the first three months of 2018, as it registered a net profit of €43m.
Minister of Education Costas Hampiaouris and Rector of the University of Sorbonne, Gilles Pecout, have exchanged views on cooperation between the University of Sorbonne and the universities of Cyprus.
Cyprus wants to be part of the space development and benefit from the space systems that are essential for the wellbeing and security of the European citizens, Minister of Transport, Vassiliki Anastasiadou said recently.
DBRS Ratings Limited has upgraded Cyprus’ long-term foreign and local currency – issuer ratings from BB (low) to BB and maintained the positive trend.
Cyprus is ranked 26th in the world in terms of access to health services and quality of health services, according to the new Healthcare Access and Quality Index (HAQ).
Cyprus Airways has taken delivery of its second Airbus A319, it said recently.
The International Maritime Organisation Secretary-General Kitack Lim will attend the Cyprus Shipping Chamber’s (CSC) 29th Annual Meeting, a move that places Cyprus in the spotlight of international shipping, the CSC General Director told the press.
The Council of Ministers decided on Monday to limit the number of naturalisations of investors to 700 a year, starting this year.
The Central Bank of Cyprus said that the size of its balance sheet grew by €505.5m in April 2018 to €16.3bn compared to the month before, mainly on increased claims to other euro area national banks.
The European Commission has again asked Cyprus to reduce the non-performing loans in the banking system, overhaul its public service, its judicial system, reform its economy, education system and healthcare by 2019.
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