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Cyprus’ seasonally adjusted unemployment rate stood at 4.2 per cent in January 2026, remaining well below both the euro area and EU averages, according to Eurostat.
EU tourism hits 3.1 billion overnight stays, with Cyprus tourism revenues climbing to €3.69 billion
Nicosia has been ranked second among the top 20 destinations in Europe for 2026 by the European Best Destinations organisation, after receiving 109,214 votes from international travellers worldwide.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Bank of Cyprus has launched on a pilot basis the world’s first biometric payment card, part of a wider drive to digitise the bank’s services.
ExxonMobil’s Ocean Investigator research vessel sailed recently from Limassol port into block 10 of Cyprus’ Exclusive Economic Zone (EEZ) to carry out hydrocarbon explorations for the US oil giant.
Cyprus central government debt stood at €18.315 billion at the end of 2017, a decline of 3.6% compared with 2016, according to data released recently by the Finance Ministry’s Public Debt Management Office (PDMO).
The Bank of Cyprus CEO John-Patrick Hourican recently urged the business community in Cyprus to increase the legal and political pressure to move towards a faster solution to the issue of non-performing loans (NPLs).
The economic sentiment index fell in March 2018 by 1.6 points to 117.5 compared to February after peaking at 119.9 in November, as confidence in the services and industrial sector and among consumers fell, the University of Cyprus said.
Cyprus is promoting three projects that were selected by the European Commission as projects of common interest, because of their benefits to the European energy market, President Nicos Anastasia's said recently.
Moody’s Investors Service recently downgraded the baseline credit assessment of the state-owned Cyprus Cooperative Bank to ‘ca’ from ‘caa2,’ citing a shortfall in provisions rendering a capital increase necessary.
An upcoming international conference at Nicosia’s Filoxenia conference centre promises to address the burning issue of climate change in the region in a comprehensive manner.
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