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Building applications received by the Larnaca district local government organisation (EOA) increased by 53 per cent in January-July 2025 compared to the same period last year.
Cyprus has approached the United Arab Emirates for possible cooperation on an EU-financed subsea power cable linking Europe to the eastern Mediterranean region, it said on Monday, reaffirming its commitment to the project.
Cyprus’ airports reached record-breaking levels of passenger traffic in August, with a combined 1.8 million travellers recorded at Larnaca and Paphos.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Development expenditure is up by 12% for 2016 in the budget of the Ministry of Agriculture, Rural Development and Environment.
The new local airline Tus Air is expected to start flying soon, according to Transport Minister Marios Demetriades.
The Cyprus government sold €100 mln worth of 13-week Treasury Bills on November 1 2015, with the Finance Ministry’s Public Debt Management Office saying that bids were six times oversubscribed, pushing yields further down.
A Troika delegation (IMF, EC, ECB) returns to Cyprus on November 3 2015 for the eighth evaluation of the island`s adjustment programme which ends on March 31, 2016.
Cyprus ranks in the top three destinations for a new and growing breed of global tourist – the solo traveler – according to a study by tourism professionals, and Paphos is making it a top priority to attract as many as possible.
Israel’s Delek Group has accepted a request by the Cyprus Natural Gas Public Company (DEFA) to postpone the period of validity of a proposal for the supply of natural gas to Cyprus via pipelines until December 18, 2015, it said.
Cyprus and the European Investment Bank (EIB) recently signed a €100-million loan for supporting key infrastructure investments in Cyprus.
Cyprus has no plans to extend the bailout programme when it expires in early 2016, Finance Minister Harris Georgiades said at The Economist Summit, but nor will it try to exit early.
Cypriot banks faced with a mountain of non-performing loans have managed to cut their number considerably through restructuring, Finance Minister Harris Georgiades said recently.
Bank of Cyprus CEO, John Hourican is remaining in his position until his replacement is found, a process expected to be completed by January 2016.
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