Total registrations of motor vehicles rose to 4,243 in January from 3,128 in the same month last year, of which about three quarters were saloon cars, according to the statistical service Cystat.
Industrial turnover in Cyprus improved in November, with the relevant index rising 2.1% in a year to 193,4 points, according to the state statistical service. For the year-to-date period of January to
The number of unemployed persons in Cyprus, registered at the District Labour Offices on the last day of January, reached 14,699 persons, down 12.3% year-on-year from 16,758 in January 2023, but up
An article was published on 24 January which said, “Cypriot banks severed business ties with nearly 60,000 customers – mostly Russian and Ukrainian nationals – between 2014 and 2022, while some 126,000
Concerns rise as consumers grapple with high cost of living The consumers’ association is deeply concerned over the rise in the cost of living, as a deceleration of inflation seems to be
The Cyprus government is establishing two advisory committees that will assist the Shipping Deputy Ministry, as well as the junior minister in charge of maritime affairs, to “elevate the competitiveness of the
Tourists from Switzerland and Denmark were the biggest spenders in Cyprus in November, paying €140.33 and €116.81 per day, respectively, a third more than the daily average expenditure of €80.7, according to
Consumers in Cyprus are increasingly turning to plastic money, reflecting the transformative impact of digitisation and emerging technologies in the payment landscape, according to a European Central Bank report. In the first
President Nikos Christodoulides’ announcement of the government’s year-ahead strategic plan to support society and the Cyprus economy, has garnered more criticism than support. One after the other, opposition parties took multiple shots
Economic sentiment in Cyprus recovered to year-ago levels in January, mainly driven by confidence gains in services, having dropped in the previous month, according to a monthly survey compiled by the University
