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

Economic sentiment rises, uncertainty remains

Cyprus’ economic sentiment improved in August from July, reflecting stronger activity in services but uncertainty remains, fuelled by the Covid pandemic. The Economic Sentiment Indicator (ESI), compiled by the University of Cyprus’

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