Cyprus by the Numbers

The International Monetary Fund (IMF) has upgraded its forecast on the growth rate of the Cypriot economy in 2022 to 3.5 per cent of the GDP from 2.1 per cent that it expected ...

The Cyprus Shipping Chamber (Kne) this week announced that it supports the joint statement by European shipping industry stakeholders who call for the sequestration of shipping revenues in the Emission ...

The number of registered unemployed in September 2022 increased compared to September last year, according to both actual and seasonally adjusted data, released on Wednesday by the Cyprus Statistical Service (Cystat). ...

Net new lending in Cyprus fell during August 2022, dropping to €182.3 million, the second month in a row where a decrease was observed, according to a report released on Tuesday by ...

Cheapest rent in Nicosia is €300 for 30 square metre container-like room in Lakatamia By Nick Theodoulou Rents are up by 50 per cent in some areas – and not just in Limassol – with ...

Credit card transactions during the first eight months of 2022 in the occupied areas by Cypriot citizens residing in the south more than doubled, reaching €29.37 million compared to the corresponding period ...

A Cyprus Chamber of Commerce and Industry (Keve) delegation this week met with the Cyprus-Greece Business Association and the Institute of Certified Public Accountants of Cyprus (Selk) in Athens, where ...

One in ten Cypriot businesses said that they consider the government’s support measures to have helped, while two in ten businesses consider that they have helped to an adequate ...

There was a net increase of €173.7 million in total deposits and a net decrease of €100 million in total loans in August 2022, according to a report released on Tuesday by the ...

Cypriot company Louis Plc this week announced that it has recorded a significant improvement in its operational revenue during the first half of 2022, reaching €32.5 million during this time, compared to €6.2 ...

Limassol port management company DP World Limassol on Friday announced launched for another year a three-month internship programme for students pursuing a degree in shipping or related field, noting that ...

The Central Bank of Cyprus (CBC) on Thursday said that the Cypriot economy’s primary macroeconomic figures for the years 2022-2024 are favourable according to its projected medium-term forecasts, which ...

The Turnover Value Index of Wholesale Trade in Cyprus during the second quarter of 2022 rose by 33.4 per cent, compared to the corresponding quarter of the previous year, according to data ...

Cypriot company Point Nine this week announced that its third annual conference was successfully held at the Four Seasons Hotel in Limassol on Friday, September 16, attracting a number of stakeholders ...

There was an increase of 16.69 per cent in the Construction Materials Price Index in August 2022, compared to the corresponding period in 2021, according to a report released this week by the ...

Hellenic Bank on Tuesday released its financial results for the first half of 2022, posting a profit of €55.4 million, compared to a profit of €21 million in the corresponding period of 2021. The ...

Harmonized inflation in Cyprus continued to rise in August 2022, albeit at a slower pace than the previous month, registering a 9.6 per cent year-on-year increase, according to a report released on ...

Total hourly labour costs in Cyprus increased by 5.2 per cent year-on-year during the second quarter of 2022, according to preliminary data published on Thursday by the Cyprus Statistical Service (Cystat). The ...

The total number of employees in the general public sector reached 72,432 in the second quarter of 2022, marking an increase of 1.8 per cent compared to the corresponding period of 2021, according to ...

Paphos tourism board (Etap) managing director Nasos Hadjigeorgiou on Tuesday said that despite the fact that certain hotels and tourist accommodation units will close during the winter, the district will ...

Hellenic Bank on Tuesday announced its decision to terminate negative interest rates on non-household Euro accounts, with effect from October 3, 2022. From the aforementioned date, the interest rate on all non-household ...

Private healthcare company Laertes Health LTD on Monday announced that it has finally approved the necessary building permit for the construction of a private hospital in Nicosia. The hospital, a 4...

Association for the Protection of Borrowers (Syprodat) this week welcomed the Central Bank of Cyprus’ call for tenders for a project to digitally verify the data of bank clients. The ...

The bank employees union Etyk this week announced that it has reached an agreement with the Association of Cyprus Banks for the renewal of their collective agreement. Etyk said that ...