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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 ...
Israel and Cyprus recently agreed to expand their cooperation on energy issues, including the use of pipelines and electricity grids to link to European markets, as both countries develop natural gas fields off theircoasts.
A new airline is getting ready to set up shop in Larnaca and it’s already looking to hire mostly local staff, including former Cyprus Airways employees if they have the right skills.
The price for flats and apartments fell by 0.4% and 0.3% for houses in the second quarter of 2015, according to the twenty-third publication of RICS Cyprus’ Property Price Index.
A new EU supported programme worth more than €54 million will help nine border regions in Greece and all of Cyprus further develop their local economies.
A Tech Park is in the works just outside Limassol and it is expected to give a big boost to businesses in research, technology and innovation.
The Public Debt Management office, of the Ministry of Finance, announced recently that it received by July 20, 2015, 187 offers for the total amount of €30,055,900 six – year government bonds.
The Cabinet has approved a bill now headed to parliament that will safeguard the rights of borrowers, but also allow banks to sell their portfolios of distressed loans of up to €1 mln to high-risk investors.
Cyprus is still without a doubt a preferred destination for many tourists, where more Russians and Germans are still looking into booking a summer holiday according to Trivago.
Cyprus' economic adjustment programme continues to perform and progress has been made, according to senior European Commission sources.
Cyprus can become a leading medical centre in the region providing first class care to locals and visitors, President Nicos Anastasiades said as he inaugurated the first Robotic Surgery Department at the private Mediterranean Hospital in Limassol.
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