November economic sentiment improves

The Economic Sentiment Indicator (ESI-CypERC) improved in November, compared to October, mainly due to strengthening business sentiment in the services and construction sectors, according to the University of Cyprus Economic Research Centre.


Aphrodite dispute deadline November 20

Final decisions on developing the Aphrodite gas field will be made on November 20, NewMed Energy said in a statement to the Tel Aviv Stock Exchange. It said the consortium partners will

No November chill for Cyprus

Cypriots will not need to get out their winter clothes any time soon as warm weather conditions continue to prevail across the island, despite entering the last autumn month. Temperatures on Monday


November inflation rises to 4.3%

Inflation in Cyprus kept rising to 4.3% in November due to the sharp increase in the price of electricity and petroleum products. According to the Statistical Service, in November, the Consumer Price

Delayed Cyprus energy drills to resume in November

Cyprus’ COVID-delayed natural gas drilling programme will resume in November-December with US oil major ExxonMobil expected to drill in block 10, Energy Minister Natasa Pilides said. Briefing a parliamentary committee on Cyprus’s

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