UCy accused of wasting public funds

The University of Cyprus has come under the microscope of Auditor General Odysseas Michaelides, who pin-pointed financial waste and employment of an academic convicted for corruption. In his latest report on the

UCy revises real GDP growth upward

Real GDP growth is projected at 5.4% in 2021 and 4.1% in 2022, upward revisions mainly driven by the strengthening recovery during the second quarter of this year, according to the University


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,