#economy
Local
The plan for overdue debts is to be discussed at the next plenary session
The services of the Parliament have proceeded to the consolidation of the law proposals of the EDEK and the...
Economy
ANALYSIS-Putin grows war economy but incomes suffer ‘lost decade’
When President Vladimir Putin ran for re-election in 2018, he promised a "decisive breakthrough" in living standards. Six years...
Business
Cyprus Chamber of Commerce and Bank Association reach preliminary agreement
The Cyprus Chamber of Commerce (CCC) and the Bank Association concluded a preliminary agreement for collaboration towards implementing joint...
Economy
Inflation at 1,9% in December 2023
In December 2023, Cyprus saw a deceleration in Harmonized Inflation, reaching 1.9%, marking the lowest level since June 2021....
Economy
Loan demand drops due to high interest rates
During the third quarter of 2023, Cyprus saw a notable reduction in loan demand, affecting both businesses and households....
Economy
Dishonored cheques worth €1,767,912 issued in 2023
A total of 356 dishonored cheques, amounting to €1,767,912, were issued in 2023, with 231 individuals (136 legal entities...
Economy
Government proposes law to align with EU Blue Card requirements
The Cabinet today greenlighted legislative amendments that outline the processes for acquiring the EU Blue Card.
These changes address...
World
China’s population drops for 2nd year, raises long-term growth concerns
China's population fell for a second consecutive year in 2023, as a record low birth rate and a wave...
Economy
China’s 2023 GDP shows patchy economic recovery, raises case for stimulus
China's economy grew 5.2% in 2023, slightly more than the official target, but the recovery was far shakier than...
Economy
IMF sees global economy staying ‘resilient’ but growing too slowly in 2024
Global economic growth will remain "resilient" this year after a stronger-than-expected 2023, the International Monetary Fund said on Thursday,...
Economy
Argentina, IMF reach deal to salvage debt program, unlock key funds
Argentina andthe International Monetary Fund (IMF) finalized the details of an agreement over the country's embattled $44 billion loan...
Economy
Legal migration to EU must increase as workforce ages, commissioner says
Legal migration to the European Union will have to increase by 1 million people a year to make up...
Economy
World Bank forecasts 2024 global growth to slow for third consecutive year
The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year...
