International Maritime Organisation (IMO) Secretary General Kitack Lim and EU Commissioner of Transport Violeta Bulc, visiting the island for the “Maritime Cyprus 2017” conference, visited the 21st Elementary School (Kalogeropoulio) in Limassol,
* EuroAsia Interconnector gets go-ahead from Cyprus-Greece regulators, Israel to follow * EuroAsia Interconnector, the ambitious 1500km long subsea cable that will link the electricity grids of Israel, Cyprus and
* Limassol hub, market forecasting and energy prospects * The “Maritime Cyprus 2017” Conference (October 8-11) concluded Limassol with the third and final day focusing on Limassol developing as a maritime
Some 230,000 people in Cyprus were at risk of poverty in 2016, representing 27.7% of the population, three years after the country’s near bankruptcy, financial meltdown and record unemployment. According to Eurostat,
Cyprus had a trade deficit of EUR 2.8 bln in the first eight months of the year, with exports rising 10% to 2.0 bln in the January-August period, while imports were up
Finance Minister Harris Georgiades presented the 2018 state budget to the House Finance Committee, which expected to be approved in the first half of December. The budget, accompanied by the medium-term fiscal
The coverage ratio of non-performing loans or ‘non-performing facilities’ (NPFs) rose to 46.7% at end-June, compared with 42.6% at the end of March, the Central Bank of Cyprus reported. The data showed
Euro area annual inflation was 1.5% in September, stable compared with August, according to Eurostat, with the monthly rate for September at 0.4%. Inflation in Cyprus dropped to 0.1% in September, from
September saw a new monthly record in tourist arrivals, up 14.8% year-on-year, to 483,716, according to the Passengers Survey of the Statistical Service Cystat. For the nine-month period of January to September,
Property sales continued to grow (19%) for the nine consecutive month in 2017 compared to the same period last year, both from the domestic and especially from overseas markets, with Paphos district
