CNA News – CNA – Emilia Christofi – CYPRUS/Nicosia 23/04/2018 13:23

Cyprus registers budget surplus Euros 344 m. in 2017, debt falls t? 97.5%, says Eurostat

Cyprus registered a 344 million euros or + 1.8 percent of GDP total budgetary surplus in 2017 (compared to 59 million euros or + 0.3 percent of GDP for 2016), according data released today by Eurostat, the statistical service of the EU.

According to Eurostat, the Cyprus GDP increased from Euros 18.219 billion in 2016 to Euros 19.214 billion in 2017 and government debt declined from 106.6% of GDP to 97.5% of GDP (from 19.418 billion in 2016 to 18.725 billion in 2017).

Trade deficit shows annual decrease in January 2018

The trade deficit declined to Euros 412,9 mn in January 2018 compared to Euros 453,0 mn in the corresponding period of 2017, the Statistical Service of Cyprus reported on Monday.

Total imports in January 2018 were down to Euros 616,4 mn compared to Euros 633,6 mn in January 2017, while total exports increased to Euros 203,6 mn compared to Euros 180,6 mn in the same month last year.

MP Stella Kyriakidou Chairperson of EEP Group at PACE

Head of the Cypriot delegation to the Parliamentary Assembly of the Council of Europe (PACE), MP Stella Kyriakidou, is the new Chairperson of the European People’s Party (EPP) Group at PACE.

Apollon and APOEL achieve victories before their crucial match next Sunday

Apollon of Limassol and APOEL of Nicosia have achieved great victories over Anorthosis and AEK in the framework for Match Day 7 of the second phase of the Cyprus League. The two teams will face each other next Sunday in GSP Stadium for Match Day 8, in a game that will determine in a certain degree the champions of the season.

Match Day wraps up on Monday at 19:00 with the game between Olympiakos and Alki.

Source: Cyprus News Agency