Cyprus recorded 3.2% GDP growth in 2019

The Finance Ministry said on Tuesday it is satisfied with Cyprus’ economic performance last year as the country’s annual GDP grew by 3.2% down from 3.8% in 2018. “These developments show that

State equity fund to finance SMEs and start-ups

Cyprus seeks to address challenges facing small and medium-sized enterprises (SMEs) in obtaining financing, by creating a state Equity Fund which will inject cash into capital-starved businesses and start-ups. Currently, the lack

Cyprus businesses lacking digital skills

News that Cyprus ranks fourth amongst EU member states for the number of enterprises (73%) using social media, companies still need to breach the digital divide. Despite the encouraging data presented in