Economy

British Prime Minister Boris Johnson has pitched two models for his country's trade ties with the European Union after Brexit: a deal based on...

Fifty per cent of candidates who took exams in autumn to join Cyprus' public sector have failed, according to results announced this week by...

The transfer of an immovable property at the Land Registry is only possible if the water supply bill has been paid in full, according...

Sterling gained on Thursday after the Bank of England held interest rates at 0.75%, defying money markets that had seen a 50% probability of...

The euro area (EA19) seasonally-adjusted unemployment rate was 7.4% in December 2019, down from 7.5% in November 2019 and from 7.8% in December 2018...

In 2018, Cyprus became the country with the highest stock of non-performing loans (assets) of general government, with 32.4% of GDP, far ahead of...

Business deposits in Cyprus are rising every year, creating a liquidity buffer and confirming a positive sentiment - at least in some sectors of...

The House Finance Committee on Monday will open again the hot issue of public service reform in Cyprus. After four years of suspension of proposed...

Italy's 10-year bond yield fell to its lowest level since mid-October on Wednesday, as appetite in world markets improved and easing concern about Italian...

In January 2020, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESICypERC) increased by 3.3 points compared with December 2019, according to...

Opposition parties are holding behind the scenes talks aiming to restore the harmonisation bill on the regulation of Provident Funds in Cyprus to its...

If deemed in the best interests of the state the government could buy a total of five buildings to accommodate the growing needs of...

European markets stabilised on Tuesday after worries about the economic fallout of China's spreading coronavirus set off the worst global rout in months. A flat...

Moody's has described as a credit positive the fact that Cyprus' Central Bank Governor expects that two largest banks on the island to sell...

An estimated additional €50 million will go towards 4,088 government employees who may opt to retire early but be spared a 12% deduction on...

Turnover Volume Index of Retail Trade in Cyprus has marked an increase in a monthly and annual basis, according to the official Statistical Service. The...

Saudi Arabia, the world's top oil exporter, urged caution on Monday against "gloomy expectations" regarding the possible impact of the spread of the coronavirus...

High mobility has been recorded at Cyprus airports over the recent years with aircraft landings marking an upward trend between 2014 and 2018, according...

Euro zone bond yields held at multi-week lows on Friday, brushing aside positive business activity data as additional cases of coronavirus sparked concern. Analysts said...

Cyprus’ state payroll which has grown by 12% over a decade seem to swell with every new year due to the automatic indexation of...

The Cyprus Shipping Chamber has announced that its Deputy Director General Alexandros Josephides was reappointed as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for...