Category Archives: Business

The European Commission expects 3.6% GDP growth in 2018 and 3.3% in 2019 for Cyprus, in its Summer Forecast

After expanding by 3.9% in 2017, a nine-year high, Cyprus' economy continued its cyclical upswing in early 2018, posting 3.8% (y-o-y) growth in the first quarter of 2018. Growth was driven by solid domestic demand and, lately, exports, consumer

Cyprus’ trade deficit at Euros 1.7 billion in the first five months of 2018

Cyprus trade deficit was recorded at Euros 1.72 billion in the first five months of 2018 compared to Euros 2.16 billion in the same period of 2017, according to provisional data published on Thursday by the Cyprus Statistical Service.On

House Presidents of Cyprus, Greece and Egypt to meet before end of year

Presidents of Parliaments of Cyprus, Greece and Egypt are expected to hold their first meeting before the end of the year, in the framework of the parliamentary dimension of the trilateral cooperation scheme between the three countries.The issue was di...

Government casual staff numbers up in June

Government labour force increased by 880 people or 1.7% in June 2018 compared to the same month of 2017, the Statistical Service reported on Wednesday.It said that casual staff increased by 10.0% and reached 16,674 persons compared to 15,161 persons

Government casual staff numbers up in June

Government labour force increased by 880 people or 1.7% in June 2018 compared to the same month of 2017, the Statistical Service reported on Wednesday.It said that casual staff increased by 10.0% and reached 16,674 persons compared to 15,161 persons

House President pays tribute to Mari disaster victims, saying they acted “beyond the call of duty”

The state has a duty to apply a comprehensive system to coordinate all the necessary services and introduce high-level training for all those involved in safety matters, as a form of atonement for what went wrong and led to a