Cyprus aims to become a pillar of stability in the region of the Eastern Mediterranean, Defence Minister Charalambos Petrides said in a speech at the 25th Economist conference, held in Lagonisi, Greece.Petrides participating in the panel on “Security C…
?otal registrations of motor vehicles numbered 3,279 in June 2021, recording a decrease of 7.6% compared to June 2020. Passenger saloon cars registered a fall of 4.6% to 2,482.According to a press release by the Statistical Service of Cyprus, the total…
_: In the first quarter of 2021, house prices, as measured by the House Price Index, rose by 5.8% in the euro area and by 6.1% in the EU, but decreased by 5.8% in Cyprus compared with the same quarter of the previous year, according to figures publishe…
Cyprus’ House Price Index (HPI) decreased 5.8% in the first quarter of 2021, according to preliminary estimate of the Statistical Service.For the first quarter of 2021 the HPI amounts to 102.82 units. Compared both to the fourth and the first quarter o…
The European Commission gave the green light to Cyprus’ €1.2 billion National Recovery and Resilience Plan, the disbursement of which will begin this year and will complete in 2026.Speaking during a joint press conference in the iconic library of the U…
The Cypriot government announced a financial package amounting to €6 million in aid to the villages hit by the devastating fire that ravaged the mountainous regions of Larnaca and Limassol over the weekend and lead to the death of four Egyptian workers…
European Commission forecasts a 4.3% and 3.8% growth in Cyprus for the years 2021 and 2022, according to its chapter on Cyprus at its Summer Economic Forecast presented today by Commissioner Paolo Gentiloni in Brussels.More specifically, European Commi…
The household saving rate in the euro area was at 21.5% in the first quarter of 2021, compared with 19.5% in the fourth quarter of 2020. It is the second highest value since the beginning of the time series in 1999 (the highest was 25.0% in the second …
The EU satellite mapping service estimates the area burnt in Cyprus by Saturday`s fire in the Limassol area at 3,134 hectares.Specifically, the data published by the Commission`s satellite mapping service via Copernicus satellite so far record 3134 hec…