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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 ...
Transport Minister Marios Demetriades said recently that the winners of the Limassol port tender were aware of the significance of Larnaca municipality’s decision to essentially evict hydrocarbon companies from the town’s port.
The airline easyJet, is celebrating flying three million passengers to and from Paphos since 2008.
Cyprus Hydrocarbons Company (CHC) has issued a tender to receive commercial advisory services for the successful exploitation of hydrocarbons found or to be found, within Cyprus EEZ.
Consumer prices fell in February 2.6% compared to the respective month of 2015 after they fell an annual rate of 0.8% mainly on reduced energy prices, the statistical service said.
Transport Minister Marios Demetriades said recently that the government expected €2bn to flow into the state coffers over the next 25 years from the commercialisation of operations at the port of Limassol.
The House plenum recently passed the four remaining bills regulating the failure of banks and investment firms.
Remarks by the Energy Minister, George Lakkotrypis at a recent energy conference in Nicosia have sparked confusion about the status of the massive natural gas find in the Zohr field close to the Cyprus Exclusive Economic Zone (EEZ) but on the Egyptian side.
Monday March 7, 2016 will mark the beginning of the end of the three-year bailout programme for Cyprus, when Minister of Finance Minister Harris Georgiades presents a progress report to the Eurogroup meeting in Brussels.
Persons working at the first integrated casino resort in Cyprus must have no criminal record, while the gaming authority is empowered to revoke the casino licence, according to the relevant legal ordinances.
An important positive development for the monetisation of the Aphrodite oil and gas field offshore Cyprus has been agreed by the government between Houston-based Noble firm and energy giant BG.
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