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: The European Commission representation in Nicosia has announced an organized effort to prepare for the anticipated wildfire risks during the upcoming summer months. According to Cyprus News Agency, the EU is assembling firefighting teams and deploying a fleet of aircraft to support European countries that are likely to be
Warsaw: Health Minister Michael Damianos departs on Monday for Poland, to represent Cyprus in the first European Summit on Cancer Prevention and Control. An official announcement says that Damianos will address the Summit on Tuesday, May 27. According to Cyprus News Agency, in the framework of his intervention, the Minister
Nicosia: The increase in residential property prices continued to slow down in the fourth quarter of 2024, according to the Central Bank of Cyprus, which notes that the main cause is the high cost of construction materials and the high cost of borrowing. According to Cyprus News Agency, based on
Nicosia: Unemployment in both Cyprus and the EU dropped in 2024 according to Eurostat, the statistical service of the EU, with decreases recorded also in the long-term unemployment rate as well as youth unemployment. According to Cyprus News Agency, the unemployment rates in Cyprus and the EU were the lowest
Nicosia: The continuous flow of humanitarian aid to Gaza is something that cannot be hindered by anyone, stated President Nikos Christodoulides during a media briefing on the sidelines of an event in Nicosia. The President emphasized the importance of maintaining a steady stream of aid to the region, highlighting its
