Daily Archives: November 18, 2020

European Commission adopts Cyprus’ Draft Budgetary Plan

The European Commission concluded today its country-specific assessment of 2021 Draft Budgetary Plan including the one of Cyprus, adopted recommendations for the euro-area economy and paved the way for Greece`s next trance of dept related measures lin...

Prices in construction rise marginally in October

The Price Index of Construction Materials for October 2020 rose by 0.07% compared to the previous month, recording a marginal increase for a second consecutive month, Cyprus Statistical Service has said.Compared to the same month of the previous year,...

Harmonised inflation remains negative for seventh consecutive month in October

Cyprus Harmonised Index of Consumer Prices (HICP) in October declined by an annual 1.4% with harmonised inflation remaining in negative territory for a seventh consecutive month, as prices were affected by the coronavirus pandemic.According to data rel...

Cyprus first EU member-state to exploit SURE financing, FinMin says

Cyprus was the first EU member-state to benefit from low cost financing by the SURE facility (Support to mitigate Unemployment Risks in an Emergency) to protect the labour market from the adverse impact of the coronavirus pandemic, the Finance

Data on GDP growth confirm our projections, FinMin says

The preliminary estimate published by the Statistical Service of Cyprus over a growth rate of -4.4% GDP in the third quarter of 2020 confirms our projections that contraction will be limited to -5.5% in 2020 due to the coronavirus

Health Minister visits Limassol COVID-19 test centres

Health Minister Constantinos Ioannou, visited on Wednesday unexpectedly three of the four test centres in Limassol for employees who get tested for COVID-19, where the process runs now smoothly without any delays.In statements to the media, Ioannou, w...