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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 ...
Reborn Cyprus Airways expects to get an air operator certificate within days followed by a commercial license in a couple of weeks so as to begin selling tickets.
Cyprus’ GDP growth rate during Q4 2016 was estimated at +3%, the island’s statistical service reported recently.
The value of plastic money transactions rose 9% in February 2017 to €195.2m compared to the respective month of 2016, JCC Payment System Ltd said.
Cyprus recorded robust real GDP growth of 2.8% year on year in Q4 2016 putting Cyprus in the top 10 in the EU, according to Eurostat.
On 1 March 2017, the Bank of Cyprus announced the Preliminary Group Financial Results for the year ended 31 December 2016, recording a profit after tax of €64 million for 2016 marking the Bank’s first profitable year after the 2013 economic crisis.
Featuring more than 265 completed projects under its belt, Aristo Developers continues its dynamic course with the new addition to the rich collection of unique, new residential projects in the most sought-after locations of Limassol.
Credit institutions are offering attractive interest rates and extended loan repayment deadlines in an effort to reignite the housing loan market.
Cyprus ranked 19th out of 195 countries for its high level of political rights and civil liberties in 2016, higher than France and the US, which came in at 27th and 28th place respectively.
Cyprus’ energy plans are on track and news of developments is expected soon, the government spokesman said recently.
MPs recently began an article-by-article discussion of a government bill governing the establishment and operation of a National Investment Fund to manage future hydrocarbons proceeds.
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