Old Nicosia is in for a makeover, as the Interior Ministry plans to revitalise the area, including grants to boost business activity, student accommodation, town planning incentives and housing arrangements. Interior Minister
Projected GDP growth of the Cyprus economy has been revised downward to 2.6% from an initial 2.8%, while next year’s momentum is expected to pick up, said Finance Minister Makis Keravnos. The
By Han Tan, Chief Market Analyst at Exinity Group Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.
From a necessity in every Cypriot kitchen, olive oil is becoming a luxury item as its price has doubled since last year, and farmers’ associations expect to see it reach €10 per
The banking sector has enhanced its strength and resilience through 2023, despite the turmoil of recent economic and geopolitical events, Cyprus Central Bank governor Constantinos Herodotou said. In his speech on Wednesday at the
Nicosia and Chevron International reaffirmed that developing the Aphrodite offshore natural gas field in Cyprus’ Exclusive Economic Zone (EEZ) is of “strategic importance”. The issue was discussed during a meeting that President Nikos Christodoulides
By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.
President Nikos Christodoulides invited Turkish President Recep Tayyip Erdogan to work together, guided by a vision of peace, to build a brighter future for Cyprus. Addressing Wednesday’s 78th session of the UN
Cyprus’ governing football body said Wednesday it had averted an indefinite strike by top-tier referees over concerns about their personal safety following the alleged firebombing of a car belonging to a ref’s
A usual working week for people aged 20-64 in Cyprus averages 39.5 hours, above the EU average of 37.5 hours, according to Eurostat data. There were significant differences in working hours among EU
