Insider

    The Cyprus General Government generated a deficit of €73 million or 0.4% for the period of January – April 2020, reflecting the adverse consequences...

    GDP growth rate in Cyprus based on seasonally and working day adjusted data in real terms in the first quarter of this year is...

  Deposits were down while loans were up in April 2020 according to data the Central Bank of Cyprus published on Friday. In particular, according to...

  EuroAsia Interconnector, the official Project Developer of the European Project of Common Interest (PCI 3.10 Israel Cyprus Greece-Crete) warmly thanks the governments of Cyprus...

  Central Bank of Cyprus Governor Constantinos Herodotou, has said that he expects the country’s economy to experience a “serious recession” in 2020 due to...

    The Natural Gas Infrastructure Company (ETYFA) has announced that eight proposals were submitted in the tender submission stage to select the Owner’s Engineer team...

Cabinet on Thursday approved the ratifying law for the intergovernmental agreement of the EastMed pipeline, a gas pipeline project connecting the gas reserves of...

Non-performing loans (NPLs) in the Cypriot banking system declined to €8.97 billion in the end of 2019, with the NPL rate amounting to 27.9%...

The new financial stimulus package to be unveiled on Wednesday in response to the impact of the pandemic on the economy, is in line...

  The coronavirus outbreak is first and foremost a health crisis, presenting an unprecedented external economic shock, Bank of Cyprus’ Chief Executive Officer Panicos Nicolaou...

    In May 2020, economic sentiment in Cyprus deteriorated further as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.1 points compared with April 2020, due...

Suspended credit facilities at the request of borrowers on May 8 amounted to €1.19 billion from €894 million on April 24, according to data...

    As part of Hygeia Disinfecting Services corporate social responsibility strategy to support the community in the fight against COVID-19, the company disinfected the 250...

  The government discussed measures and incentives to reboot the economy with the Economy and Competitiveness Council at the Presidential Palace, as restrictive measures to...

Speaking during an online discussion entitled Commonwealth Tourism During the COVID-19 Lockdown: Immediate Responses and Future Opportunities, Invest Cyprus CEO George Campanellas outlined the...

Revenue from tourism dropped by 73.5% in March 2020, according to the results of the Passenger Survey announced by the Statistical Service of Cyprus. As...

The European Commission has concluded that "Cyprus retains the capacity to service its ESM debt, but challenges have increased as a result of Covid-19". It...

The Salamis Filoxenia will not carry out any cruises this year, but will remain at Limassol port. In an announcement on the Cyprus Stock Exchange,...

Hellenic Bank, Cyprus second largest lender, announced net profits of €108 million for 2019 with its Chief Executive Officer, Ioannis Matsis, stating that the...

President Nicos Anastasiades told political party leaders on Monday that the government has submitted its final proposal regarding the bill on state-guaranteed loans and...

FILE PHOTO Cyprus' Statistical Service announced on Monday that it will not be publishing its Passengers Survey for April 2020 due to the flight ban...