Inflation spikes 5% on energy prices

August inflation in Cyprus spiked by an annual 5%, pushed upwards mainly by rising energy prices. The Consumer Price Index increased by 1.59 units and reached 104.09 units compared to 102.50 units

COVID19: Cyprus to give booster jab to over 65s

The Cabinet on Thursday approved the rollout of COVID-19 vaccine booster shots to the elderly, vulnerable groups and health professionals who completed their vaccination at least six months ago. The decision was

COVID19: EU says booster shot rollout not urgent

The European Centre of Disease Prevention and Control (ECDC) advises EU states to refrain from administrating booster shots to the general population and focus on younger unvaccinated age groups. In a statement

Cyprus July unemployment falls to 5.2%

Seasonally adjusted unemployment in Cyprus fell to 5.2% in July 2021, its lowest level since 2009, continuing a steady decline after having peaked in May at 10.5%, according to Eurostat. A year

Cyprus taking part in Egypt military drill

Cyprus is taking part in the multinational military drill ‘Bright Star 2021’ conducted in Egypt between 2-17 September with the participation of 21 countries. Also participating is Greece with its air, sea,

/

Cyprus Q2 GDP growth spikes 12.9%

The annual seasonally adjusted GDP growth rate is estimated at 12.9% for the second quarter of 2021, a huge improvement on the 2.1% shrinkage in the previous three months. It is the first

/