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Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat).
The Central Bank of Cyprus (CBC) has released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in borrowing costs across different sectors.
Cyprus’ tourism sector in 2025 is expected to perform similarly to the levels recorded in 2024, according to the president of the Cyprus hoteliers association (Pasyxe) Thanos Michaelides.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Cyta Hellas, the wholly-owned subsidiary of the state telco Cyta that is slated for privatisation, reported a turnover of €90.49 mln for 2014, with gross profits at €29.44 mln, up from €26.28 mln the year before.
The Public Debt Management Office of the Ministry of Finance announced that the recent auction of €50 mln 30-day Treasury Bills was oversubscribed by about 1.24 times, with the yield dropping to 1.75%, compared to 1.81% in the May auction.
IMF spokesman Gerry Rice recently praised Cyprus’ reform efforts, noting that they have started to pay off.
The Natural Gas Public Company (DEFA) has completed its evaluation of the bids for supply of natural gas for domestic electricity generation.
The trivago Hotel Price Index (tHPI) for June 2015 has revealed it is now cheaper to holiday in Cyprus than at this time last year.
Bank of Cyprus Public Company Ltd hasrepaid €500m of Emergency Liquidity Assistance (ELA) and €260m of European Central Bank (ECB) funding to its international creditors, the bank said in a statement recently.
Ship management revenues increased to €421 million during the second half of 2014, according to a Ship Management Survey.
MeritKapital Ltd., a Limassol-based licensed investment firm, has received an investment service extension from CySEC for the provision of 'Underwriting of financial instruments' for both a firm and soft commitment capability.
DBRS, Inc. has confirmed the long-term foreign and local currency issuer ratings for the Republic of Cyprus at B (low).
A bill governing the operation of casinos in the Republic is expected to be put to the vote later this month and investors would be invited to express interest by August 2015, it emerged recently.
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