Economic sentiment picks up in December

Economic sentiment in Cyprus improved in December, despite the worsening coronavirus situation, as the Economic Sentiment Indicator (ESICypERC) increased by 2.8 points to 81.3 from November, the same level as in August

Undercooking economic diplomacy

Foreign Minister Nicos Christodoulides made an intriguing announcement that either flew under the radar or intentionally planned to pave the way for our senior diplomat’s political ambitions. In his address to the

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COVID19: Cyprus needs sustainable economic reboot

PwC has issued a digital and green blueprint to restarting Cyprus’ battered economy following the coronavirus crisis and lockdown measures causing severe financial trauma. In a study entitled “Restart Cyprus: Now”, PricewaterhouseCoopers

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Economic sentiment drops slightly in November

Economic sentiment in Cyprus weakened in November from a deterioration in the construction sector as well as consumer confidence dipping. According to a survey by the Economics Research Centre of the University

Economic sentiment drops in October

With COVID-19 transmission on an upward curve, economic sentiment deteriorated in October as business confidence weakened, a monthly indicator by University of Cyprus (UCY) economists shows. In October, economic sentiment in Cyprus

Economic sentiment deteriorates in September

Weaker confidence in services and construction saw the Economic Sentiment Indicator (ESI-CypERC) decrease further by one point in September compared to August. According to the Economics Research Centre of the University of