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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 ...
Cyprus’ international lenders said the government needed to step up the pace of reforms, following completion of their recent review.
Cyprus will in September 2015 proceed with a competitive, non-discriminatory and transparent two-stage procedure to select the single licensee for the Integrated Casino Resort, the government announced recently.
European Commission sources say that the economic adjustment programme for the island is making progress.
New figures from Eurostat show Cyprus' general government gross debt came to 106.8% of GDP in the first quarter of 2015.
Lawyer Giorgos Pamboridis has been appointed health minister, replacing Philippos Patsalis who resigned earlier this month, the Presidential Palace said recently.
Bank of Cyprus (BoC) said recently that customers facing the prospect of losing their Barclays accounts are advised they may be eligible for the Bank of Cyprus UK International range of accounts, which include current and savings accounts.
On the 9th July 2015, Cyprus Parliament passed number of new laws, which purport to make Cyprus a more attractive investment destination.
The Cyprus Tourism Organisation (CTO) has announced that it has begun an advertising campaign with German railway company Deutsche Bahn (DB).
Director of the IMF Communications Department Gerry Rice, has said that “Cyprus is a success story” and that recent return to growth shows the efforts undertaken to implement difficult reforms are beginning to pay-off.
The sale of its Russian subsidiary Uniastrum will benefit Bank of Cyprus (BoC), Moody’s Ratings agency said recently, despite the €29mln accounting loss incurred by the lender.
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