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Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.
The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.
Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Reforming the agricultural economy, developing a greener economy, promoting sustainable growth in the maritime sector and the better management of water resources are on the agenda of discussion at the Agriculture Ministry.
Interest rates for business loans of up to a million euros rose at the end of last year after a fall last August, recent data from the Central Bank showed.
Tourism to Cyprus will be better this year than last, hoteliers say based on the planning of overseas tour operators.
The Co-operative Central Bank (CCB) expects the number of non-performing loans (NPLs) to start falling in two years’ time, its head told the visiting troika delegation.
Trade across the Green Line marked a significant downward trend, according to data from the T/C Chamber of Commerce.
The Republic of Cyprus will continue to exercise its sovereign rights which derive from the Law of Sea and Ankara’s provocative stance will not put a hold on plans in Cyprus’ exclusive economic zone (EEZ), says the government.
The Finance Minister says that Corporate Social Responsibility (CSR) becomes imperative in times of economic crisis and calls for the basic elements of CSR to be integrated into the strategic planning of businesses.
The European Commission in cooperation with the UN Development Program has signed an agreement for an additional financial support of €2,6 million for the Committee on Missing Persons in Cyprus (CMP).
The heads of the the employers' organisation CEIF and the Chamber of Commerce called for the need for the banking system to further stabilize so that additional liquidity can flow into the market.
Cyprus has demonstrated commitment to prevent and address corruption by amending legislation and establishing the Coordinating Body against Corruption, the European Commission notes in its first ever EU Anti-Corruption Report.
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