House starts 3-day budget debate

The parliament of Cyprus initiated a three-day deliberation on Monday to approve the 2024 state budget, the first under the administration of President Nikos Christodoulides, who took office in February this year.

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Central Bank expects 2.6% growth in 2023

The Central Bank of Cyprus (CBC) has marginally pushed up its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy

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Economic sentiment down, says UCy survey

Economic sentiment dropped by 1.5 points in September, despite a steady recovery since April, due to weakened business confidence in services and, to a smaller extent, from a fall in construction confidence,

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