Kyriacos Nicolaou

Cyprus industrial producer price index decreased by 1.6 per cent in November 2024, compared to the same month in 2023, according to the state’s statistical service. The index reached 122.0 points, with 2021 acting ...

Greece on Tuesday successfully raised €600 million through a three-month treasury bill auction, according to the Public Debt Management Agency (PDMA). The bills were sold at a yield of 3.00 per cent, ...

The CFA Society Cyprus has launched a new podcast series focusing on financial issues that shape the economy and society, with its first episode delving into Cyprus’ pension system. According ...

The Cypriot economy demonstrated remarkable resilience in 2024, achieving a growth rate of 3.7 per cent despite persistent geopolitical and internal challenges. Tourism, construction, and the wholesale and retail trade sectors have ...

Between January and October 2024, the industrial production index in Cyprus increased by 3.8 per cent compared to the same period in 2023, according to a report released from the state’s statistical ...

The Cyprus Stock Exchange (CSE) performed robustly in 2024, with significant increases in trading activity, market capitalisation, and investment interest, according to its chairman Marinos Christodoulides. The CSE chairman said that ...

The Association of Cyprus Banks on Monday announced that interbank and cross-border transactions will soon be completed in just 10 seconds, with the service being available round-the-clock. The new service will ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday issued a circular to inform fund managers and related entities about the submission of quarterly statistics for Q4 2024. The reporting deadline ...

Cyprus retail trade association secretary Marios Antoniou on Monday expressed satisfaction with both customer footfall and revenue during the holiday season. Supermarkets and toy stores in particular thrived during this ...

Finance Minister Makis Keravnos announced updated interest rates for 2025 through decrees issued on Monday. The public interest rate for overdue payments has been set at 5.5 per cent, while the judicial ...

The Association of Cyprus Banks on Monday announced that interbank and cross-border transactions will soon be completed in just 10 seconds, with the service being available round-the-clock. The new service will ...

The International Air Transport Association (IATA) has released new estimates for sustainable aviation fuel (SAF) production, revealing slower-than-expected growth. In 2024, SAF production reached 1 million tonnes (1.3 billion litres), doubling the 0.5 million ...

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou on Friday released a year-end statement reflecting on the country’s economic progress. In addition, Stavrou addressed various challenges on ...

Total petroleum product sales in Cyprus fell by 4.7 per cent in November, compared to the same month in 2023, according to the Cyprus Statistical Service (Cystat). Despite the overall decline, kerosene ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday published a consultation paper on amending the accepted languages for a prospectus. According to the commission, the approach proposed under this ...

Nicosia will host SESAM Identity 2.0, an architectural and cultural event, from March 1-10, 2025, according to an announcement released on Friday. Organised by EASA Cyprus NGO, the gathering will bring 150 participants, ...

The Greek government will hold an auction of three-month treasury bills (T-bills) on Tuesday, December 31, 2024, according to an announcement by the Public Debt Management Agency (PDMA). The auction aims to ...

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou on Friday released a year-end statement reflecting on the country’s economic progress. In addition, Stavrou addressed various challenges on ...

The Limassol Agora opened its doors approximately four years ago, having been renovated and transformed from the old-school Pantopoleio into a modern all-day venue. Not much has since changed since ...

The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement ...

Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the Economics Research Centre (CypERC) at the University of Cyprus, recorded an annual increase of 1.2 per cent in November 2024. This marks the ...

The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports. In a statement ...

The value of wholesale trade activities in Cyprus saw an increase in the third quarter of 2024 compared to the same period last year, according to the state’s statistical service. ...

The Cyprus Securities and Exchange Commission (CySEC) disseminated this week an announcement from the European Securities and Markets Authority (ESMA), emphasising the ongoing risks associated with crypto-assets despite a surge ...