Tourism revenue in Cyprus continued on its growth path in January, in line with arrivals that continue to increase and will probably surpass last year’s record 4 mln visitors. Based on the
The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued on an upward trend for the ninth month in a row in
Economic sentiment remained steady in March, according to University of Cyprus data, unchanged from February and still below the recent high reached three years ago, just before Russia invaded Ukraine and directly
Cyprus wants to see the return of Germany as a major tourist supplier to the island, with the junior minister in charge saying the increase of flights and seat capacity all bode
Economic sentiment in Cyprus improved slightly in February, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points to 109 compared to January’s 108.2 and 108.8 in December. The increase in
A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the
The Cyprus tourism sector got off to a positive start for 2025, with arrivals reaching 112,100 in January, up 27.4% from 87,961 in the same month last year. At this rate, total
Economic sentiment in Cyprus deteriorated slightly in January, as the Economic Sentiment Indicator decreased by 0.6 points month-on-month to 108.2. However, it was up 3.1 points year-on-year. The University of Cyprus Economics
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is projected to moderate to 3.3%
Some 4,500 people have applied in Cyprus for the new electronic identification card (eID) just two days after its launch, with the government offering an incentive to the first 100,000 applicants. The
