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Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat).
The Central Bank of Cyprus (CBC) has released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in borrowing costs across different sectors.
Cyprus’ tourism sector in 2025 is expected to perform similarly to the levels recorded in 2024, according to the president of the Cyprus hoteliers association (Pasyxe) Thanos Michaelides.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
New company registrations in December 2014 increased by 3% in 2014 recording a rise for a tenth consecutive month.
Cyprus could benefit with asset purchases worth up to €120m a month, according to unnamed sources, while the government is set to evaluatein detail the ECB’s decision
House prices in Cyprus dropped by 1.7% year on year in the third quarter of 2014, according to data released recently by Eurostat.
US real estate company Realty Group International, Inc. (RGI) announced their plans to expand the company’s reach "into the upcoming boom in the European country of Cyprus".
Airliner Emirates is set to offer people in Cyprus a special fare to Malta.
Cyprus’ strategic oil reserves are scheduled to be moved away from Larnaca’s refineries to the Vassilikos area by mid 2015, Energy Minister Yiorgos Lakkotrypis said recently.
French multinational energy company Total S.A. found no spot to drill for hydrocarbons in the two blocks for which it got an exploration and exploitation licence, Energy Minister Yiorgos Lakkotrypis said recently.
Following the recent developments relating to the Swiss franc the Bank of Cyprus Public Company Ltd announced that this development had no material impact on the Bank's financial position.
The Hellenic Bank has issued a press release stressing that it remains unaffected by the changes to the Swiss franc and the recent decision by the Swiss National Bank to no longer cap the franc’s value against the euro.
The Central Bank (CBC) said recently it plans to lean on commercial banks to lower their lending rates, currently the highest in the eurozone.
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