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April 28, 2025
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Full Schengen membership a top political priority for Cyprus, FM Kombos says

Full Schengen membership is a top political priority for the Republic of Cyprus, Foreign Minister

April 28, 2025
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Price of construction materials up by 1.09% in the Q1 2025

The Price Index of Construction Materials recorded an increase of 1.09% for the period January-March

April 28, 2025
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President Christodoulides announces incentives for Cypriots working abroad to return

President Nikos Christodoulides has announced a number of incentives that will be offered to Cypriots

December 11, 2024
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The licensing process for development projects is being simplified and restructured

Minister of Interior Constantinos Ioannou has announced that the plan to simplify the licensing process

December 2, 2024
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<strong>After 13 years, Moody’s upgrades Cyprus to A rating</strong>

After 13 years, Moody's Ratings upgraded Cyprus to the A grade - A3 from Baa2

October 24, 2024
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IMF upgrades Cyprus’ growth forecast

The International Monetary Fund (IMF) has revised its growth forecast for Cyprus in 2024, upgrading

August 6, 2024
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Central Bank of Cyprus revises growth rate for 2024 to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth

April 19, 2024
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<strong>IMF: Cyprus to achieve the 60% debt-to-GDP target sooner</strong>

Cyprus will achieve sooner its 60% debt to GDP ratio as stipulated by the Maastricht

April 19, 2024
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<strong>FinMin: IMF estimates for Cypriot economy improved</strong>

The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by

March 4, 2024
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<strong>CBC projects GDP growth at 2.6%, 3.1%, 3.2% in years 2024-2026</strong>

The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to

February 21, 2024
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<strong>EC approved interest subsidy scheme for housing loans</strong>

The European Commission's DG Competition has approved an interest subsidy scheme for housing loans concluded between

February 20, 2024
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<strong>Commission forecasts GDP growth and inflation slowdown for Cyprus</strong>

The European Commission’s Winter Interim Forecast has predicted GDP growth in Cyprus to increase by