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

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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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Economic policy remains unchanged despite COVID

Despite COVID-19 obstacles, Cyprus’ economic priorities remain to achieve macroeconomic stability and establish a competitive, business-friendly regulatory environment, said Finance Minister Constantinos Petrides. “Despite the pandemic setback, our policy priorities remain the

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