Nicosia: President of the Fiscal Council of Cyprus, Michalis Persianis, has noted that we are in a period in which macroeconomic and fiscal data continue not only to flourish but also remain at a steady trend of containment. According to Cyprus News Agency, in his remarks in the Council’s Activity Report for 2024, Persianis adds … Read more
Nicosia: Cyprus’ trade deficit from January to September 2025 has seen an increase when compared to the same period in 2024. According to Cyprus News Agency, the trade deficit rose to £5,884.2 million in January-September 2025, up from £4,787.0 million during the same timeframe in 2024. Total imports of goods in September 2025 were reported … Read more
Nicosia: Total registrations of motor vehicles have recorded an annual increase of 4.2% in January-October 2025. According to Cyprus News Agency, the total registrations of motor vehicles increased by 4.2% to 44,732 in January-October 2025, up from 42,930 in the same period in 2024. The Statistical Service of Cyprus, in its report titled “Registration of … Read more
Nicosia: Minister of Defence, Vasilis Palmas, announced on Monday that the Ministry has set the strengthening of research, development, and innovation as a strategic priority, with new projects to be unveiled in 2026, focusing on crucial technological sectors. The Minister highlighted that these initiatives aim to enhance both defence capabilities and the economic development of … Read more
Nicosia: Cyprus’ and Greece’s Defence Ministries are set to advance their synergies and cooperation within the framework of the EU SAFE Regulation, as asserted by the two countries’ Defence Ministers, Vassilis Palmas and Nikos Dendias. Following their meeting in Nicosia, both ministers emphasized the importance of collaboration to bolster their defence capabilities. According to Cyprus … Read more
Nicosia: The Cyprus’ Presidency of the Council of the EU is being heralded as a significant opportunity for strengthening the defence industries of Greece and Cyprus. This was the sentiment expressed by the President of the Republic, Nikos Christodoulides, during his meeting with the Greek Minister of National Defence, Nikos Dendias, at the Presidential Palace … Read more