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
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
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,
The concept of the all-day school is picking up momentum, with MPs suggesting this should be part of a greater reform of the education system, including a staggered timetable for primary and
Economic growth in Cyprus will slow to 2.1% in 2022, with inflation spiking at 5.3% due to the impact of the Russian invasion of Ukraine and western sanctions against Russia, the IMF
In the aftermath of Russia’s invasion of Ukraine and sanctions could inflict wounds on the Cypriot economy, including trade, higher fuel prices and the key tourism sector where 22% are Russia and
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 rose by 2.5 points in October, despite fragile consumer confidence as prices continue to rise, a monthly survey by the University of Cyprus has shown. The Economic Sentiment Indicator (ESI-CypERC)
Cyprus’ hospitality sector is experiencing rising worker shortages, with job vacancies at their highest in recent years, forcing establishments to reduce operations. A leading business lobby group has warned the government that
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’
