Cyprus will maintain a sizeable fiscal and primary surplus keeping public debt on a downward path estimated to drop below the 60% GDP eurozone criteria by 2028, the IMF said. According to
The government has decided to continue subsidising fuel prices at the pumps by extending a reduction on consumption tax for another two months. The Finance Ministry announced on Wednesday that the government
The Greek Easter table will be 25% more expensive than last year, as the cost has been pushed by increases in lamb, beef, and eggs, according to the Commerce Ministry’s Consumer Protection
The Met Office issued a yellow warning on Wednesday for heavy rain as a low-pressure system moves across the island, with the last snow falling on higher ground. A warning for heavy
Most of the state’s online services returned Wednesday after drying out following a water leak which flooded the basement of the Finance Ministry, knocking out e-governance servers and websites. Talking to state
A total of 126 applicants for international protection, originating from Somalia, Afghanistan, Congo, Nigeria and Syria, departed on a chartered flight from Cyprus to Germany to be resettled. The total number of relocated
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at a slower 2.5%, while real GDP growth is expected to pick up the pace next year. In
In February, the monthly seasonally adjusted volume of retail trade increased by 1.6% in Cyprus and 8.3% annually, the highest increase among EU states, according to Eurostat. During the same month, the
Efforts are underway to repair and assess the damage caused by a water leak from a tank adjacent to the servers that provide internet access for the entire government hub. Government internet
Trade and Energy Minister George Papanastasiou and the Cyprus Chamber of Commerce and Industry (CCCI) agreed to intensify efforts to reduce electricity prices to enhance Cypriot businesses’ competitiveness. “We have reached an
