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Cyprus Economy Gathers Momentum

The Cyprus economy expanded by 3.3% year on year on seasonally adjusted data, marking the highest quarterly growth since the financial crisis of 2013,...

Cyprus Economy Shrinks 2.4% in Q2

Cyprus's recession-hit eurozone economy contracted by 2.4 percent in the second quarter of 2012 compared to the same period last year, an official flash...

Orphanides Says Cyprus Economy at Critical Juncture

Cyprus must not waver from the path of austerity if its economy is to emerge with a clean bill of health from the vicious...

Cyprus FinMin Says Online Betting Will Create New Prospects for the Economy

The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy,...

CBC: Greek Bank Subsidiaries in Cyprus Shielded from Greek Economy

Greek bank subsidiaries in Cyprus are protected, Cyprus Central Bank (CBC) Supervision Department Head Yiangos Demetriou said on Friday, dismissing concerns due to the economic instability in...

Economy Sinking, Cyprus Seeks $14 Billion Bailout

Unable to pay its bills and needing to recapitalize its banks, Cyprus will ask international lenders for an11 billion euros, or $14.2 billion bailout,...

Cyprus Finance Minister Sees Economy Shrinking

Cyprus will remain in recession in 2012, its finance minister said on Monday, with economic output retreating by up to 1.5 percent in the...

Anastasiades: Solving the Cyprus Issue will be the Most Important Reform

Solving the Cyprus problem will be the biggest reform achieved by the country, President Nicos Anastasiades said on Thursday, speaking at an event organized...

European Commission: Economic Growth in Cyprus has Exceeded Expectations

Projections of Cyprus's economic growth have been revised sharply upwards, both by European institutions and local analysts, according to documents released on Thursday. The European...

Cyprus and Russia to Sign Seven Bilateral Agreements

Seven agreements have been finalized and will be signed on Tuesday between Russia and Cyprus, during the President of the Republic of Cyprus; Nicos...

President of Cyprus Lays the First Stone for Limassol Del Mar Development Project

Cyprus President Nicos Anastasiades praised the spirit of Cypriot entrepreneurs on Friday evening at a ceremony during which he laid the foundation of the...

Technocrats Begin Cyprus Third Economic Review

Fiscal issues, structural reforms and Non-Performing Loans (NPLs) are the focus of the third post memorandum review of the Cyprus economy, which began on...

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