Cyprus recorded a General Government surplus of €769.7 mln, or 3.7% of GDP, in the nine-month period January-September 2018, according to official data. The surplus during the same period last year was
Cyprus is to finance superfast internet speeds of over a 100 Mbps from 2019. Talking to Omega TV, the director of the electronic Ccmmunications department George Komodromos, said the government plans to
Limassol Marina’s success story began with 285 residential units, part of the first superyacht marina in Cyprus with its own leisure, dining and shopping facilities. The project has since achieved unprecedented property
Invest Cyprus, the government’s investment arm seeking foreign partners, has signed a memorandum of understating to help develop Cyprus into a digital finance and blockchain technologies hub. The MoU, signed with VeChain
To guard against overspending, the Fiscal Council has called on the government to create a mechanism binding part of the existing reserve and primary surpluses to serve the public debt. Presenting its
The Cypriot economy is forecasted to continue to grow at a robust pace in 2018 and next year, the University of Cyprus Economic Research Centre said Tuesday. In 2018, real GDP is
CITR, Romania’s insolvency market leader is hoping to improve the local framework following the establishment of their new Cyprus office. CITR’s new Nicosia office aims to maximise the value of the debtors’
Two 14-year-old Cypriot pupils won first prize in a global competition run by NASA in the SpaceApps Challenge. The competition in Nicosia took place in the presence of NASA Chief scientist Dr
Eurostat confirmed on Monday that Cyprus had a budget surplus of +1.8% of GDP in 2017 putting it only second behind Malta. According to Eurostat, the GDP of Cyprus stood at €19.571
Only hours after Cypriot airline Cobalt Air collapsed, Ryanair announced on Thursday a new route from Paphos to Berlin commencing next year. The budget carrier said the twice-weekly service commencing in April
