November economic sentiment improves

The Economic Sentiment Indicator (ESI-CypERC) improved in November, compared to October, mainly due to strengthening business sentiment in the services and construction sectors, according to the University of Cyprus Economic Research Centre.


ECB Vice-President praises economic progress

Visiting European Central Bank (ECB), Vice-President Luis de Guindos commended Cyprus’ remarkable economic improvement and the recent upgrade of its economy by two rating agencies. After meeting with Cyprus Central Bank Governor


Economic sentiment deteriorates

Economic sentiment in Cyprus deteriorated in September among businesses and consumers, according to the Economics Research Centre of the University of Cyprus (CypERC). In September, economic sentiment deteriorated, as the Economic Sentiment Indicator


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

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