Insider

Total loans in January 2021 recorded a net increase of €2.8 million, compared with a net increase of €583.7 million in December 2020, according to...

Cyprus and Germany signed on Friday a protocol amending the Convention for the Avoidance of Double Taxation with respect to Taxes on Income and...

Finance Minister Konstantinos Petrides said that the Finance Ministry will extend until the end of 2020 the Plans Subsidizing Interest Rates for New Housing...

The arrivals of tourists to Cyprus reached 3,889 in January 2021, recording a decrease of 95.5% compared to January 2020, during which 85,622 arrivals...

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the Government. The schemes, which...

Since people are going through the third phase of restrictions imposed due to COVID-19, owners of properties are under pressure to reduce rents, since...

The data concerning the real GDP growth rate in 2020 confirm the soundness of the government policies to support businesses and employees as well...

The Cypriot economy contracted by an annual 5% in 2020 beating projections for deeper recession amid the coronavirus pandemic, according to a flash estimate...

Cyprus Minister of Finance Constantinos Petrides told CNA that the government will begin reducing public debt, increased due to strategic cash reserves, when the...

A further drop of €17 million was recorded in total non-performing loans in October 2020 compared to the end of September 2020. According to an...

Through their predictions that were released yesterday, the technocrats of the European Commission expressed the view that given the uncertainty existing due to the...

The European Union's GDP should return to its pre-pandemic level by 2022 if the bloc's members and institutions avoid "premature withdrawal of supportive policies",...

The European Commission winter forecast converges with the government’s macroeconomic projections, the Cypriot Ministry of Finance has said. The EU Commission in its winter forecasts...

The European Commission expects the economy of Cyprus to grow by 3.2% and 3.1% for 2021 and 2022 respectively, against a recession of 5.8%...

The total government employment in January 2021 increased by 440 persons or 0.8% year on year due to the hiring of  temporary employees, data...

It seems that the January lockdown did not affect consumption which continued at good levels, according to banking sources. The same sources explained that the...

Domestic freight transfers declined marginally in third quarter of 2020, while freight transports to and from Cyprus marked a steep reduction reflecting the restrictive...

Beer deliveries in Cyprus dropped sharply in January of 2021 affected by the three-week lockdown measures imposed in early January as well as closed...

The Environmental Authority re-examined the approved Local Plans of Tseri and Area South of Nicosia (Dali and communities of Nisou, Pera Chorio, and Agia...

The Sky Express Company dynamically continues the expansion of its network with new itineraries and by upgrading of its fleet, with new Airbus A320Neo. At...

Cyprus’ trade deficit was €4,799.3 mn in 2020 compared to €5,063.1 mn in the corresponding period of 2019 οn the basis of provisional data...