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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 ...
A joint venture led by Cyprus-based contractor Joannou & Paraskevaides (J&P) has been awarded the contract to build the new Qatar Foundation (QF) Stadium for the 2022 World Cup.
The government aims to repeat record tourist arrivals in the coming years, tourism minister Giorgos Lakkotrypis said recently.
The Cyprus Statistical Service announced that the number of building permits authorised by the municipal authorities and the district administration offices during June 2016 stood at 455.
GRS Recruitment and GRS Group company Fairfax Yeaman are pleased to announce that they have successfully relocated to larger premises in Limassol, Cyprus with a team of 20 staff members working under the leadership of GRS founders, Donna Stephenson and Steve Slocombe.
The value of transactions carried out in Cyprus with the use of Cypriot cards rose an annual 7% in August 2016, to €190.9m, payment processing company JCC Payment Systems Ltd said.
Cyprus’ harmonised consumer price index fell 0.6% in August 2016, compared to the respective month of 2015, as energy prices continued to drop, the statistical service said.
The head of the retail banking division at Bank of Cyprus, Ηaris Pouangare, said that its non-performing loan rate has dropped to one-third of the respective portfolio.
Cyprus’ economy was the third fastest growing in the euro area, with a quarterly rate of 0.7% in Q2 2016, in which the euro area’s economy grew 0.3%, the EU's statistical division said.
Indirect Tax Update: VAT on Digital Services
Retail trade increased in Cyprus by 1.4% in June 2016 compared to May 2016 and by 5.6% on an annual basis.
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