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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 ...
Commsoft, a world leader in aviation engineering and maintenance systems, announced that its industry-leading MRO IT system, OASES, has been selected by new Cyprus-based Orion Airways to support a fleet of Boeing 737-300 and 800 aircraft.
The Association of Cyprus Banks says it is cautiously optimistic on the future of the banking sector and the economy in 2016, urging at the same time the government and parliament to continue the necessary reforms and legislative changes in the economy.
Indian authorities will strike Cyprus off the South-Asian country’s blacklist after India and Cyprus successfully renegotiated their agreement for the avoidance of double taxation and prevention of fiscal evasion, the Finance Ministry said.
President Nicos Anastasiades is to have meetings with representatives of energy giants in the coming week as the July 22, 2016 deadline for expressions of interest in the third licensing round for hydrocarbons exploration draws near.
The Bank of Cyprus (BoC) recently announced the completion of the sale of Kermia Hotels Ltd and adjacent land for €26.5m.
The European Bank for Reconstruction and Development (EBRD) announced it is funding €10m in debt financing for the construction, development and operation of five solar photovoltaic parks with a total capacity of 11.9MWp in Cyprus
Cyprus – Tax- Announcement of the Ministry of Finance of the Republic of Cyprus Convention for the Avoidance of Double Taxation and the prevention of fiscal evasion with respect on taxes on income between the Republic of Cyprus and the Government of the Republic of India.
The Economics Research Centre at the University of Cyprus published a report recently that said in June 2016, economic sentiment in Cyprus deteriorated.
The Index of Industrial Production for April 2016 reached 79.9 units (base 2010=100), recording an increase of 10.8% compared to April 2015, according to data released by the Statistical Service of Cyprus.
Non-performing loans in the Cypriot banking system fell by €163.4m in April 2016, to €25.5bn in a month, the lowest since December 2014, the Central Bank of Cyprus said recently.
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