The European Commission predicts a 4.1% increase for the real GDP of Cyprus in 2022 and a 3.5% increase in 2023, in its Winter 2022 Economic Forecast which was published on Thursday.

Cyprus’ foreign trade showed signs of recovery in the final two months of 2021, with exports hitting €702.7 million in value during that time, while total exports surpassed €3 billion for the entire year.

Gesy’s expenditure in 2021 was €1.21 billion, with all indications that this would be covered by revenue, a senior health insurance organisation (HIO) official told the Cyprus News Agency on Thursday.

Science and technology cooperation between Cyprus and the U.S. got closer on Friday with the signing of the first ten-year bilateral agreement that aims to bolster innovation and job creation, especially in areas of public health and climate change.

As a leading maritime nation, Cyprus feels responsible to accelerate the transition of shipping to a low carbon and climate-resilient industry, President Nicos Anastasiades said on Friday, addressing the One Ocean Summit taking place in Brest, under the aegis of the EU French Presidency.

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As the world enters a new phase in the global COVID-19 pandemic, the majority of CEOs are ready to accelerate plans for investment and mergers and acquisitions (M&A) in their pursuit for growth. These findings come from the inaugural EY 2022 CEO Outlook Survey, which recorded the views of more than 2,000 CEOs across the globe on their prospects, challenges and opportunities.

Cyprus, as a global maritime power, will present government’s initiative on how to tackle climate change with a focus on green shipping during the One Ocean summit in France, deputy shipping minister Vasilis Demetriades said on Thursday.

Paphos municipality and Green Dot Cyprus have partnered up to encourage recycling and provide Paphos town and its suburbs with a ‘door to door’ environmentally clean municipal solid waste management system.

Total expenses for services from the General Healthcare System (NHS) in Cyprus came to €1.21 billion in 2021, from approximately 920,000 beneficiaries, Senior Officer of the Health Insurance Organisation (HIO) Angelos Tropis told CNA, adding that based on the preliminary results, the 2021 expenses will approximately be equal to total revenue.