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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 ...
Lending interest rates for the main loan categories increased in June 2017 according to data released by the Central Bank of Cyprus.
The number of registered unemployed dropped a significant 12.3% year-on-year in July 2017 according to data from the Cyprus Statistical Service.
After seven years at the helm of National Bank Cyprus, Nicos Beis will step down from CEO, with Christos Christodoulou taking his place.
Consumer prices fell an annual 0.7% in July 2017, mainly on fresh fruit and vegetables, offsetting an increase in electricity prices, the statistical service said.
The Central Bank of Cyprus said that Cypriot banks made less progress than expected in the first quarter of 2017 in meeting the four target indicators for reducing non-performing loans.
A record numbers of tourists from Russia and the UK are continuing to arrive in Cyprus while the total number of visitors from abroad is expected to reach 3.5 million over the coming months.
The number of properties that changed owners in July rose 18% to 739 compared to the respective month of 2016, the Department of Lands and Surveys said.
The Industrial Output Prices Index increased by 0.1% in June 2017, the Statistical Service said recently.
The total debt of households and non-profit institutions stood at €22.0 billion in the first quarter of 2017, remaining at the same level as in the previous quarter, according to quarterly financial accounts published recently by the Central Bank of Cyprus.
Italy’s energy giant ENI is currently carrying out drilling offshore Cyprus and this could lead to a positive development for the whole of Europe.
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