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Businesses and organisations from Cyprus and Croatia will come together in Limassol on September 25, 2026, for a business and innovation forum aimed at strengthening cross-border cooperation and creating new opportunities in the blue economy.
Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025.
The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Eurobank Cyprus announced its fiscal report for Q1 of 2016, recording after-tax profits of €7.8 million.
Νet demand for loans in Cyprus by both businesses and households recorded an increase in the first quarter of 2016, according to the Bank Lending Survey conducted in the euro area Member States and published by the Central Bank of Cyprus.
Cyprus’ government debt rose by €94m in March 2016, to €18.7bn, compared to December, the public debt management office said.
Revenue from tourism recorded a significant increase of 24.5% in March 2016, amounting to €80.9 million in March 2016 compared to €65.0 million in the corresponding month of the previous year.
The new Cyprus airline, Cobalt, recently embarked on its maiden flight.
The Consumer Price Index for May 2016, increased by 0,61 units to 98,66 units compared to 98,05 units in April 2016.
The total Non-Performing Facilities (NPFs), recorded a decrease of €1.1 billion in March 2016, the Central Bank of Cyprus announced recently.
Finance Minister Harris Georgiades does not anticipate that a possible vote in favour of a Brexit on June 23 2016 in a referendum to decide if the UK should leave the EU, could have a negative impact on Cyprus’ economy.
The total amount of deposits in the banking system increased by €144 million in April of 2016, while total loans decreased by €86.7 million, continuing the de-leveraging trend for a fourth month in a row.
Bank of Cyprus, the island's largest lender recorded net profit of €50 million in the first quarter of 2016, owing to its profitability and the momentum in non-performing loan restructuring which exceeded €1 billion in the quarter than ended on March 31 2016.
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