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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 ...
The Cyprus Statistical Service has confirmed that GDP grew in real terms by a seasonally adjusted 2.2% compared with the same period of the previous year in Q3 —its strongest pace of growth since 2010.
Director of the Department of Merchant Shipping Mr. Andreas Chrysostomos has been bestowed with the 'International Personality of the Year' 2015 Award within the Greek shipping industry.
President Nicos Anastasiades recently underlined the importance of the coming year for the best exploitation of Cyprus’ natural gas reserves.
The government has sold €50 million in 30-day Treasury Bills with a weighted average yield of 0.68%.
Energy Minister George Lakkotrypis said in an unexpected turn of events that the Electricity Authority of Cyprus (EAC) ought to remain fully in state hands but the administrative split of the organisation will move ahead.
Credit rating service DBRS has upgraded its long-term rating for Cyprus from B (low) to B, it announced recently.
The government will guarantee loans which the European Investment Bank (EIB) will give to banks in Cyprus, amounting totally to €225m, it was announced recently.
The cabinet recently approved the extension of energy giant Total’s exploration license in offshore Block 11 for two years.
Cyprus and Greece concluded a project on cross-border cooperation for Maritime Spatial Planning development, according to a relevant announcement.
Blue Air is looking to expand its presence in Cyprus with new flights from Larnaca to Luton, as well as direct flights from Larnaca to Tehran and Tel Aviv.
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