Cyprus tourist arrivals have reached 80% of pre-pandemic 2019, with visitors from the EU boosted by 22%. Tourism Minister Savvas Perdios told MPs the EU tourism market is “the most stable framework
Cyprus had the largest rise in the EU in its tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross domestic product, according to Eurostat data.
The number of beds available in tourist establishments across the EU decreased slightly in 2021 compared to 2019 but remained stable in Cyprus. Last year, the EU had an estimated 28.1 million
The EU must strengthen its raw material security quickly by creating a strategic stockpile system to protect the continent from the risk of blackmail by strategic suppliers, according to officials and mining
Cypriots buy fewer goods online than their European counterparts but use internet banking and social media much more. Some 54% of the Cyprus population and 67% of the EU (16-74 years old)
Budapest believes Cyprus’ yet untapped natural gas finds can help resolve Europe’s energy crisis instead of price caps and sanctions on Russian energy, said Hungary foreign minister Péter Szijjártó Monday. Cyprus’ gas
In Cyprus, the gender equality index hardly moved from 57% in 2021 to 57.3%, with the country ranked 22 with a below-average EU score. The European Institute for Gender Equality (EIGE) index
Cypriots are at a lower risk of falling into poverty or social exclusion than their fellow Europeans, with the rate dropping to 17.3% in 2021, compared to the EU’s average of 21.7%.
Cyprus’ banking and real estate sectors will not be affected by a possible bubble from overheating of the residential market in the European Union, say local stakeholders. In a recent survey carried
The European Commission has long been clear that Turkey should end its embargo on Cypriot-flagged ships and planes, said Transport Commissioner Adina Valean. “We are standing by Cyprus on this, and we
