Cyprus had the fourth lowest annual inflation rate in the EU at 3.9% in April, below the European average of 8.1%. Cyprus’ annual EU-harmonised inflation slowed to 3.9% in April from 6.1%
Some €1.2 bln in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, the Finance Ministry said. The ministry told The Associated Press that “the
Resort towns report a slowdown in foreign civil weddings, dashing hopes that the industry would continue from where it had left off in 2022, a record year for income. The civil wedding
During his meeting with President Nikos Christodoulides, Israeli Prime Minister Benjamin Netanyahu discussed building a pipeline to transport Israel’s natural gas reserves to an LNG plant that will be constructed in Cyprus
Cyprus has proven this week that its strategic location makes it an invaluable partner and friend in the region, even if it likes to cut financial corners. During the week, Britain evacuated
When deciding where and when to build the new Ayia Napa-Paralimni golf course, the primary concern should be the Public Interest for the benefit of the area and economy, while the classification
In 2022, EU countries granted protection status to 384,245 asylum seekers, up by 40% compared with 2021 (275,040), but in Cyprus, only 580 cases were granted (from 2,305), according to Eurostat. Of
Nicosia will establish a supervisory authority to control damage inflicted on the island’s reputation as a business destination, following UK and US sanctions on Cypriot service providers. President Nikos Christodoulides has met
Two flights carrying the first British civilians evacuated from Sudan have arrived in Cyprus, with more expected Wednesday. The first passenger plane belonging to Britain’s Royal Air Force with about 39 civilians
The Cyprus Germany Business Association (CGBA) is hosting an event on “Doing Business with Germany” at the Cyprus Chamber of Commerce and Industry in Nicosia on Thursday. The event will include brief
