Α reunification of Cyprus, divided since the 1974 Turkish invasion, accompanied by the appropriate supportive policies would see the income of both Greek Cypriots and Turkish Cypriot increase by 7% a decade following reunification, a study by the World Bank says, adding the G/c and the T/c growth rate would be boosted by an annual 0.4% and 1.8% respectively following a settlement.

World Bank: Cyprus reunification would boost Cypriots’ income by 7% in a decade

Α reunification of Cyprus, divided since the 1974 Turkish invasion, accompanied by the appropriate supportive policies would see the income of both Greek Cypriots and Turkish Cypriot increase by 7% a decade following reunification,...
"Cyprus’ economy is still characterized by large economic imbalances, which, unless addressed, may impede its medium-term economic prospects", the European Commission warns in its in depth analysis of the state of the economy, published today in Brussels, under the European semester rules.

European Commission: Cyprus’ economy is still imbalanced

"Cyprus’ economy is still characterized by large economic imbalances, which, unless addressed, may impede its medium-term economic prospects", the European Commission warns in its in-depth analysis of the state of the economy, published today...
In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020.

Lower services confidence causes fall in Cyprus economic sentiment

In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020. According to the Economics Research Centre of the University of Cyprus, the decrease...
We recently talked with SCP Academy CEO Sotiris Pafitis. Sotiris talked to us about his company, the general field of professional training, interest in information technology in Cyprus, 5G technology, current trends, as well as his interest in Virtual Reality (VR) and Augmented Reality (AR) technology. You can read the full interview below.

Exclusive interview: SCP Academy CEO Sotiris Pafitis

We recently talked with SCP Academy CEO Sotiris Pafitis. Sotiris talked to us about his company, the general field of professional training, interest in information technology in Cyprus, 5G technology, current trends, as well...
Cyprus Shipping Deputy Minister calls for action to maintain competitiveness of European Shipping

Cyprus Shipping Deputy Minister speaks on European shipping

Cyprus' Shipping Deputy Minister Natasa Pilides underlined "the need to maintain the competitiveness of European Shipping," during the debate on trade and competitiveness at a conference held within the framework of the European Maritime...
The Akamas National Forest Park will operate by the end of 2022, President of Cyprus Nicos Anastasiades said on Tuesday, adding that this is a feasible goal and the government remains committed in achieving it.

Cyprus President: Akamas park to open by end of 2022

The Akamas National Forest Park will operate by the end of 2022, President of Cyprus Nicos Anastasiades said on Tuesday, adding that this is a feasible goal and the government remains committed to achieving...
Minister of Transport, Yiannis Karousos and his Bulgarian, Estonian, Latvian, Polish, Lithuanian, Maltese and Romanian counterparts, met Tuesday with the Commission Vice President Frans Timmermans and the Commissioner for Transport, Anna Ioana Valean, to raise the issue and implications of a new rule that calls for commercial transport vehicles, lorries and trucks operating within th single market, to return to the licensing Member State every eight weeks, included in the "EU mobility package", currently under negotiation.

Cyprus Transport Minister and 8 counterparts object to new rules of mobility package on...

Minister of Transport, Yiannis Karousos and his Bulgarian, Estonian, Latvian, Polish, Lithuanian, Maltese and Romanian counterparts, met Tuesday with the Commission Vice President Frans Timmermans and the Commissioner for Transport, Anna Ioana Valean, to...
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency has said.

Scope agency on Cyprus: strong growth prospects but liabilities remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal...
Record high tourist arrivals in Cyprus this January, up by 4.5% annually

Record high tourist arrivals in Cyprus this January

Tourist arrivals in Cyprus were up by 4.5% this January compared with January last year, marking a historic high record. On the basis of the results of the Passengers Survey, released by the Cyprus Statistical...
EIB backed investment is improving education for Greek and Turkish Cypriot students as part of our support for new investment at 213 schools across the country

European Investment Bank president in Cyprus for official visit

The President of the European Investment Bank (EIB), Werner Hoyer, is paying a visit to Cyprus and will meet on Monday with the President of Republic, Nicos Anastasiades. According to an EIB announcement, Hoyer is...
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