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31.06.2022 Finance Minister Konstantinos Petrides has long sought to introduce a financial instrument to support start-ups and innovative companies with equity financing, adding that the agreement with the European Investment..
31.06.2022 The preliminary results of the general government budget prepared by the Statistical Office of Cyprus (CyStat) indicate a surplus of 1% of GDP, which is 239.3 million euros, for..
31.06.2022 According to data released by the Statistical Office of Cyprus on Wednesday, the number of unemployed people registered with the district labor offices on the last day of April..
31.06.2022 "It's a big challenge" to deal with the prevailing climate of distrust in institutions in society, newly appointed transparency commissioner Haris Poyatzis told CNA Wednesday. “This is a great..
31.06.2022 The European Parliament approved on Tuesday the report of MEP Peter Kofod on the application of the provisions of the Schengen legislation in the field of the Schengen Information..
31.06.2022 Prime Minister of Luxembourg Xavier Bettel will pay an official visit to Cyprus. The agenda of the talks included Ukraine, energy, the migration crisis and the Cyprus issue. Anastasiades'..
31.06.2022 The Financial Council of Cyprus has announced that it has unanimously approved the Stability Program estimates and projections, which will shortly be submitted to the Commission. However, he warns..
31.06.2022 The Economic Research Center of the University of Cyprus (ERC) lowered its forecast for growth in Cyprus in 2022 due to the consequences of the Russian invasion of Ukraine,..
31.06.2022 The energy ministers of the EU countries discussed the energy situation in the EU as a result of the Russian invasion of Ukraine and further steps after the suspension..
31.06.2022 The government intends to continue its support to vulnerable populations in the face of rising inflationary trends, said Finance Minister Konstantinos Petrides, speaking on the sidelines of the presentation..
31.06.2022 The EU and Cypriot economies are facing a "double challenge" of rising commodity and energy prices and increased uncertainty following Russia's invasion of Ukraine, according to a conference held..
31.06.2022 Liabilities as a percentage of gross domestic product (debt ratio) for households have fallen by almost 30% and for non-financial corporations by 57% over the past five years, the..
31.06.2022 Cyprus fiscal accounts in the last quarter of 2021 showed a positive balance of 37.7 million euros compared to a deficit of 648 million euros for the corresponding period..
30.06.2022 The Cyprus property market is growing but rising in price as the number of properties increases by 1.5% and their total value increased by 2.2% based on January 2021..
30.06.2022 The Industrial Price Index for May 2022 reached 130.4 units (2015 base = 100), recording an increase of 22% compared to the corresponding month of the previous year, according..
30.06.2022 A new total estimate of 1,660,048 properties in government-controlled areas of the republic, based on prices as of January 1, 2021, was released on Thursday by the Department of..
29.06.2022 A tenant's right to access a rent control court when rent arrears and possession of the rented space are brought can be reviewed by the court. The tenant shall..
29.06.2022 Larnaca's transformation is not limited to a €1.2 billion redevelopment of its marina and port, already in the making, as two residential towers and a hotel called the Staston..
28.06.2022 According to the 2022 Henley Passport Index, the Cyprus passport ranks fourteenth out of 227 countries in the world. The index is an initial authoritative ranking of all the..
28.06.2022 Faced with opposition from MPs and construction industry stakeholders, the government again agreed on Monday to revise parts of a bill that would reduce VAT on first homes. The..
28.06.2022 A European Union directive to reduce the size of homes eligible for a 5% VAT reduction has sparked outrage from real estate agents and developers, claiming it would jeopardize..
27.06.2022 The level of non-performing loans in the banking sector of Cyprus is 11.7% of total loans at the end of January 2022, compared to 11.1% at the end of..
27.06.2022 Our office spoke on the phone with a Reuters journalist who asked why there was no strong reaction in Cyprus to such EU proposals as a ban on the..
26.06.2022 Cyprus must throw another lifeline to distressed borrowers to help them keep their homes under its ESTIA scheme for toxic mortgages, which failed to reach all applicants. This time,..
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