Nicosia: The Economic Sentiment Indicator (ESI) in Cyprus experienced a decline of 1.5 points in May compared to April, primarily due to a further weakening in business confidence within the services sector. This is according to figures released by the Economics Research Centre of the University of Cyprus (CypERC). According
Nicosia: Regulation of modern technologies has been unavoidable due to their horizontal use and impact on people’s daily lives and due to the complex nature of AI systems, regulation can only be effective through an interdisciplinary approach, taking into account the technical, administrative, legal and ethical challenges, Attorney General George
Nicosia: The Central Bank of Cyprus (CBC) has reported an improvement in external statistics, including the balance of payments, international investment position, and external debt for 2024, according to the provisional data released on Monday. According to Cyprus News Agency, Cyprus’ current account balance recorded an improvement, with the deficit
Nicosia: The operation of the Business Support Center is ‘an important step’ in the great effort made for a Cyprus with less bureaucracy, with digitalised procedures, faster and better service, focusing on the needs of businesses, President Christodoulides said on Monday in his speech at the inauguration ceremony of the
Larnaca: Today’s weather and temperatures for Cyprus reveal crucial climate data. According to Cyprus News Agency, the Department of Meteorology has provided the latest information regarding the temperatures and humidity levels across Cyprus. The data reflects the conditions from 20:00 of the previous day until the time of reporting. The
Helsinki: Deputy Minister of Shipping Marina Hatzimanoli has held a series of important contacts in Helsinki which aimed to further strengthen maritime cooperation between Cyprus and Finland. A press release by the Deputy Ministry states that the Deputy Minister was part of the delegation that accompanied last week the President
