Hellenic Bank will terminate negative interest rates on non-household euro accounts, it said in an announcement on Tuesday.

The fast-track licensing – town planning and building permits – has proven immensely successful and there will now be an overhaul for larger projects too, Interior Minister Nicos Nouris said on Monday.

The Larnaca Municipality is scheduling big projects and repairs to revive the historic centre of the city, where many shops have closed down.

The Larnaca Marina will open to the public at the end of October, Phileleftheros reported on Tuesday.

The Paphos Regional Board of Tourism has noted that several hotels in the District of Paphos will remain open in the winter period from November 2022 to March 2023.

More than six million travellers have used Cyprus’ airports in 2022, data released by Hermes Airports show.

President Nicos Anastasiades will present the expected economic and social transformation of the country within the €4.4 billion Cyprus Tomorrow plan at the presidential palace this coming week.

Finance Minister Constantinos Petrides on Friday described Cyprus’ impressive score in the Greenfield foreign direct investment (FDI) performance index as exceptionally important for both jobs and incomes, particularly during the current tumultuous economic environment.

Total government employment in August 2022 rose by 0.3% year on year driven solely by the hiring of temporary staff.

Following the success of Halloumi's registration as PDO, the Government aims to register more agricultural products as Protected Designation of Origin products, President of the Republic Nicos Anastasiades said. He also added that a request for the registration of the second most important agricultural product of Cyprus after halloumi, the “red potato”, is already being prepared.