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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 ...
Recent drilling results at a prospective offshore gas field should not be a cause for disappointment, President Nicos Anastasiades said recently.
The Cabinet has forwarded to parliament a bill governing the establishment, operation and monitoring of casinos, it was announced recently.
According to the results of the Labour Force Survey for the 3rd quarter of 2014, the number of employed persons amounted to 366,307 (men 187,314 and women 178,993) while the number of unemployed reached 69,895 (men 37,906 and women 31,989).
Foreign investors bid for more than three times the amount of retail bonds offered by Cyprus in December 2014 and bought the vast majority of six-year issue, the Finance Ministry said recently.
The Cyprus Statistical Service has said a 1.4% increase in tourist arrivals was recorded between January-November 2014, with 2.384.375 people visiting the island.
A new route to Paphos is to be introduced by Thomson and First Choice from Bristol airport for winter 2015-16.
Wizz Air, the largest low-cost airline in Central and Eastern Europe, announced further growth of its low fare route network from Poland operating more flights to Larnaca.
Senvest International LLC said recently its stake in Hellenic Bank rose to over 5.03% from 2.62% as it owns 364,660,947 shares.
Capital Intelligence, an international credit rating agency, announced recently that it has raised Bank of Cyprus (BoC) Financial Strength Rating (FSR) to 'B' on 'Stable' Outlook (from 'B-' on 'Positive').
CPB FBO Third Point Hellenic Recovery Fund LP and Wargaming Plc Ltd said they increased their respective stakes in Hellenic Bank Public Company Ltd.
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