Central Bank of Cyprus Revises 2024 GDP Growth Forecast Upward

The Central Bank of Cyprus (CBC) has revised its GDP growth projection for 2024, increasing it by...
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Cyprus Expands Labour Market Access to Foreign Students and Skilled Workers

In a move to meet increasing employment demands and stimulate economic growth, the Cabinet has...
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Labour Market Achieves Best Performance in 15 Years, Says Labour Minister

The Cypriot labour market in 2024 has reached its strongest performance in the last 15 years,...
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November Inflation Reaches 2.2%

Inflation in Cyprus, as measured by the Harmonized Index of Consumer Prices (HICP), increased by...
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Cabinet Updates Start-Up Visa Scheme to Boost Innovation in Cyprus

The Council of Ministers has approved significant revisions to the "start-up visa" scheme, aiming...
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ECB Cuts Rates to 3%, Signals Potential for Further Reductions

The European Central Bank (ECB) has reduced interest rates by 0.25 percentage points, bringing the...
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Job Vacancies Surge by Over 30% in Q3 2024

The third quarter of 2024 saw a significant rise in job vacancies in Cyprus, with a total of 16,010...
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Cyprus Economy Forecasted to Stay Strong in 2025

Cyprus’ economy is expected to demonstrate resilience in 2025, with a projected growth rate of...
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Fuel Prices Expected to Rise 10% by 2027 Due to EU and National Policies

Vehicle and heating fuel prices, excluding those for agricultural use, are projected to increase by...
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