Nicosia: The European Investment Bank is prepared to assist Cyprus with targeted financing and technical support following the severe wildfires in the Limassol district, stated EIB Vice President Kyriacos Kakouris at the Ministry of Finance. This announcement coincided with the signing of a £100 million loan agreement aimed at enhancing
Nicosia: Household financial assets in Cyprus amounted to £61.9 billion at the end of March 2025, while household debt stood at 58% of Gross Domestic Product (GDP). According to Cyprus News Agency, the debt of non-financial corporations reached 120% of GDP. The data is included in the Central Bank of
Nicosia: The Government of the Republic of Cyprus denounced the “arrest” and “detention” of five Greek Cypriots by the illegal regime in the Turkish-occupied areas of the island as a premeditated and provocative act. The Greek Cypriots were arrested two weeks ago near occupied Trikomo on suspicion of espionage. Two
Nicosia: The successful hosting of the Handover Meeting of the Presidency and the Meeting of the Board of Governors of the European Schools 2024-2025, in Nicosia, brought international recognition and consolidated the role of Cyprus as an important partner, Minister of Education, Sport and Youth, Athena Michaelidou, said on Thursday.
Nicosia: The Industrial Producer Price Index remained unchanged in June 2025, reaching 123.1 units (base year 2021=100), compared to the same month last year. At the same time, According to Cyprus News Agency, the index recorded a marginal increase of 0.3% compared to May 2025. For the period January-June 2025,
Nicosia: Public donations for the victims of the Limassol wildfire have reached approximately 1.2 million euro, according to Andreas Antoniades, the Accountant General of the Republic of Cyprus. He informed the Cyprus News Agency (CNA) that these donations were collected by the 30th of July in a bank account specifically
