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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 ...
Greek airline Ellinair has launched its Larnaca-Thessaloniki flight schedule with ticket prices as low as €19, it was announced recently.
The Administrative Reform Unit (ARU) has put together a comprehensive guide for investors, in cooperation with the Cyprus Investment Promotion Agency (CIPA).
The Public Debt Management Office (PDMO) received applications for six-year government bonds for physical persons, the 5th series (May 2016), valued at €17.46 million.
Fitch Ratings upgraded the Bank of Cyprus' Long-Term Issuer Default Rating (IDR) to 'B-' from 'CCC' and Hellenic Bank's Long-Term IDR to 'B' from 'B-'.
The economic climate improved in April 2016 by 2.1 points, the Economics Research Centre of the University of Cyprus said recently.
The government has signed the agreements for the commercialisation of the Limassol port operations, expected to fetch Cyprus €1.9bn over the next 25 years.
Eastern Mediterranean gas reserves, including Cyprus’, could play a significant part in addressing the EU's drive for energy diversification, the European Commission reiterated recently.
Larnaca’s Chamber of Commerce and Industry (EVEL) is formulating a Master Plan towards the best use for the former fuel refineries and storage units on the Larnaca-Dekelia road.
Cyprus showed a deficit of -1% in 2015 (€180 million), the fourth lowest percentage in the EU, according to Eurostat.
189 small and medium-sized enterprises from 26 countries (four of them from Cyprus) have been chosen by the European Commission to participate in the SME Instrument programme Horizon 2020.
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