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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 ...
Ukraine’s cabinet is to approve a bill to dissolve a convention made with Cyprus on the avoidance of double taxation, Ukrainian Prime Minister Arseniy Yatseniuk reportedly said recently.
After heavy selling on the first day it was re-listed on the Cyprus and Athens stock markets, Bank of Cyprus (BOCY) eased up a bit and was headed to close with a minimal gain at just above 18c where it sank to after a 21-month absence from the bourses.
The 2015 budget aims at creating the conditions that will allow the government to lighten the tax burden, Finance Minister Harris Georgiades said recently, as he welcomed its approval by parliament.
The drilling in Block 9 of the Cyprus’ exclusive economic zone (EEZ) will proceed as planned Foreign Minister Ioannis Kassoulides said in Athens recently after the first joint meeting with his Greek counterpart Eleftherios Venizelos and the Energy Ministers of both countries.
Cyprus strongly endorses an investment plan unveiled in late November 2014 by European Commission President Jean Claude Juncker, Under Secretary to the President Constantinos Petrides said.
Plans to breathe new life into a section of seafront in Limassol have been unveiled.
Heavy selling by disgruntled shareholders saw Bank of Cyprus shed a quarter of its value on the first day it returned to the Cyprus and Athens stock exchanges.
Green Dot Cyprus said it launched an awareness campaign today to convince Cypriots to recycle more and consume less in order to lose the unflattering title of being one of the European Union’s top waste producing champions.
EU Commissioner for Regional Policy, Corina Crețu has approved a programme of investments backed by EU Regional and Cohesion Funds that will play a crucial role in putting Cyprus on the tracks of recovery.
After a marathon House session, the 2015 government budget was passed, with 29 votes in favour and 26 against.
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