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The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
The Research and Innovation Foundation (RIF) this week commented on the latest results from the European Innovation Scoreboard 2024, which once again reaffirms Cyprus’ progress in the field of innovation, classifying it as a Strong Innovator for the third consecutive year.
The Cyprus Investment Funds Association (CIFA) on Friday expressed satisfaction with the increase in Assets Under Management (AUM) of Cypriot investment funds.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
The government's priority is to have a productive Ministry of Agriculture so that it can contribute to economic growth, Minister of Agriculture, Natural Resources and Environment Nicos Kouyialis says.
Cyprus' external trade deficit in January – August 2014 reached €2.3 billion, marking an increase of 9.5% or €0.2 billion, figures released recently by Eurostat show.
Finance Minister Haris Georgiades has said the much needed tranche of bailout cash from the troika will be paid to Nicosia in December 2014.
Tourist arrivals for the period January – October 2014 reached 2,302,937, marking a small increase of 1.5% compared with the corresponding period of 2013, recent figures released by Cyprus Statistical Service showed.
The Bank of Cyprus released recently its official list of candidates for the board of directors, which will be voted in on Thursday, November 20, 2014 at the bank’s annual general meeting.
Annual harmonised inflation was slightly up in Cyprus in October 2014 (0.3%) compared to September (0.0%), recent data published by Eurostat show.
A team of Troika technocrats visiting Cyprus will extend its stay on the island to discuss the insolvency framework to be put in place on January 1 2015.
The European Central Bank’s (ECB) emergency liquidity assistance (ELA) to Cypriot banks remained unchanged at €7.68 billion in October 2014, figures released by Central Bank of Cyprus (CBC) show.
Cyprus’ economy remained in recession in the third quarter of 2014, flash data showed recently, with the pace of decline flattening out because of a mild yearly increase in tourism revenue.
Bond credit ratings business Moody’s has upgraded Cyprus’ government bond rating to B3 from Caa3 and has also changed the outlook on the government bond rating to stable from positive.
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