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: A Cyprus-based entity has been included in a sanctions list issued by the United States, which aims to pressure Iran to end its nuclear program. The sanctions are part of a broader strategy to curtail Iran’s petroleum industry activities. “As part of the maximum pressure campaign to end Iran’s
Nicosia: France’s President, Emmanuel Macron, is set to visit Cyprus before the year concludes, as highlighted in a meeting between President Nikos Christodoulides and French Foreign Minister Jean-No«l Barrot, according to Victoras Papadopoulos, Director of the Press Office of the President. According to Cyprus News Agency, Papadopoulos emphasized that Macron’s
Nicosia: Cyprus deeply values the enduring and continuously evolving strategic partnership with France, a strong EU and Mediterranean partner, particularly ahead of Cyprus’ Presidency of the Council of the EU, Deputy Minister for European Affairs Marilena Raouna said in a post on X. According to Cyprus News Agency, Raouna referred
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 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
