Technology cornerstone of economic growth

Enhancing technology and innovation are at the cornerstone of the government’s vision for the economy, President Nikos Christodoulides said at the first Techisland Awards in Limassol. He said the government promotes initiatives to enhance the

Cyprus CEOs expect economic challenges

Some 159 CEOs in Cyprus expect a decrease in global economic growth but are more optimistic about the Cypriot economy over the next 12 months, according to PwC’s annual Global CEO Survey.

Economic sentiment improves

Εconomic sentiment in Cyprus improved further in January on the back of retail confidence, as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.9 points from December. According to the Economics Research Centre

October economic sentiment improves

In October 2022, economic sentiment in Cyprus improved as confidence was driven by the services sector and retail trade gains. The Economic Research Centre of the University of Cyprus’ Economic Sentiment Indicator


Bulgaria elections raise economic uncertainty

Political uncertainty has increased in Bulgaria after the collapse of the four-party coalition government under the leader of centre-right ‘We Continue the Change’ (PP) party, Prime Minister Kiril Petkov. Bulgaria is now

Economic sentiment improved in July

Cypriot economic sentiment improved in July due to stronger business confidence in services and industry, according to a University of Cyprus index. The Economic Sentiment Indicator (ESI-CypERC) increased by 1.4 points compared

May economic sentiment improves

Economic sentiment in Cyprus improved slightly in May, with the monthly Economic Sentiment Indicator (ESI-CypERC) up by 1.1 points from April due to stronger business confidence in services. However, at 106.1 points,

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