Projected GDP growth of the Cyprus economy has been revised downward to 2.6% from an initial 2.8%, while next year’s momentum is expected to pick up, said Finance Minister Makis Keravnos. The
From a necessity in every Cypriot kitchen, olive oil is becoming a luxury item as its price has doubled since last year, and farmers’ associations expect to see it reach €10 per
The banking sector has enhanced its strength and resilience through 2023, despite the turmoil of recent economic and geopolitical events, Cyprus Central Bank governor Constantinos Herodotou said. In his speech on Wednesday at the
President Nikos Christodoulides invited Turkish President Recep Tayyip Erdogan to work together, guided by a vision of peace, to build a brighter future for Cyprus. Addressing Wednesday’s 78th session of the UN
Cyprus’ governing football body said Wednesday it had averted an indefinite strike by top-tier referees over concerns about their personal safety following the alleged firebombing of a car belonging to a ref’s
A usual working week for people aged 20-64 in Cyprus averages 39.5 hours, above the EU average of 37.5 hours, according to Eurostat data. There were significant differences in working hours among EU
Limassol property offers the highest yield for renting out an apartment, generating returns between 6.85% and 7.80%, while Larnaca has the highest growth prospect, according to a local real estate agency study.
The car continues to be the dominant means of transport in all EU countries compared with journeys by train, bus and coach, plane or boat, while Cyprus is slightly below the European
Defence Minister Michalis Giorgallas discussed ways to strengthen and deepen the bilateral defence cooperation between Cyprus and Jordan during his official visit to Amman. Giorgallas’ visit was part of regular bilateral consultations
The Cyprus Rally celebrates its 50th staging this year, with the event to take place over three days from October 6-8. This year’s Cyprus Rally will serve as the 5th round of
