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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...

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...

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 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,...

Cypriot President Anastasiades: ‘Economy Registers Growth; Restructuring of NPLs Remains the Biggest Challenge’

The Cyprus economy has exited recession and is registering positive economic growth, which is projected to be maintained, President of the Republic of Cyprus...

Cyprus Receives Improved Growth Forecast by the European Commission

The European Commission upgraded its forecasts for the growth of Cyprus' economy to 1.2% in 2015, in its Autumn forecast, while the Cypriot Ministry...

S&P Upgrades Cyprus After Capital Control Removal

Rating agency Standard & Poor's has upgraded its assessment of Cyprus to BB-, citing removal of capital controls and strong budgetary performance. “In April 2015,...

British Defence Secretary Discusses Regional Issues with Anastasiades

The situation in Iraq, the Cyprus solution, the economic crisis and bilateral issues were on the agenda of a meeting Cyprus President Nicos Anastasiades...

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