Paphos has been ranked ninth best value for money destination for UK travellers in an annual report released by the Post Office Travel Money’s Worldwide Holiday Costs

Non-performing exposures (NPEs) in the Cyprus banking system dropped to €11.02 billion in September 2018 marking a €5.6 billion reduction since end-June 2018 as Hellenic Bank acquired the performing part of the state-owned Cyprus Cooperative Bank, which has been converted to an asset management ...

The results of a Pan-European survey carried out by the Cyprus Chamber of Commerce at the end of 2018 showed that businesses in Cyprus are optimistic about the new year with regards to prospects for growth but remain concerned over red tape and energy

Despite an increase in its R&D spending, Cyprus still has one of the EU’s lowest scores in R&D intensity, Eurostat figures showed

Cyprus has been ranked the third most family friendly destination in Europe for a beach holiday, according to the Family Beach Index compiled by British travel firm On The

Cyprus’ passport was ranked 16th worldwide in terms of global access, according to the Henley Passport

Cyprus’ external trade deficit for the period of January – November 2018 declined by 13.5% compared with the respective period of 2017 due to a spike in exports, according to provisional data released by the Cyprus Statistical Service

Unemployment rates in Cyprus increased to 9.2% – 8.9% for men and 9.6% for women – amounting to 41,000 people in November 2018, compared with the previous month but remaining lower than November 2017 when 43,000 were unemployed, Eurostat said

Drilling activities on behalf of ExxonMobil and Qatar Petroleum in the Delphine target in Cyprus’ offshore block 10 have been completed but there will be no announcements until after the end of drilling in the second location the energy consortium has chosen to explore, Energy Minister George ...

Corporate deposits rate in Cyprus declined to 0.46% in November 2018 from 0.75% the month before, reaching a new historic low, according to data released recently by the Central Bank of Cyprus (CBC).