News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyCypriots are increasingly making purchases online
According to the card payment system JCC Payment Systems Ltd, in August the volume of transactions using plastic cards grew by 17%. Such growth was noted, in comparison with the indicators of the same…
EconomyReal estate sales are growing In Cyprus
As reported by the Department of Land Resources, in August the amount of transactions with real estate grew…
EconomyPetrol price in Cyprus same as European average
According to the Statista rating, a full fuel tank in Cyprus costs about 60 euro. This is the…
EconomyNo compulsory insurance for farmers
Minister of Agriculture Nikos Kuyalis presented a new scheme for agricultural insurance. According to the bill, insurance will…
EconomyCyprus budget surplus amounted to almost 114 million euro
It was reported by statistical service of Cyprus for the period of first 5 months of this year.…
EconomyNew terminal opened in Limassol port
Construction of the new terminal was completed last year. At the moment, the last finishing and furnishing works…
EconomyCyprus Economic Sentiment Index down by 0.8 points
Economic Sentiment Index (ESI) dropped by 0.8 points in June. The data was presented by the Economics Research…
EconomyEurope’s biggest casino in Limassol
Cyprus government has already signed a contract with Melco Hard Rock consortium, which includes Melco International, Hard Rock…
EconomyGas exploration works will resume in July
Despite the objections of the Turkish side, drilling operations for gas exploration in Cyprus will begin in mid-July.…
EconomyBudget deficit reached 721 mln euro
The data was presented for the first quarter of this year by the Central Bank of Cyprus. At…
EconomySaving around 1000 euro a year with cancellation of roaming charges
A new law about cancellation of roaming charges on the territory of all EU countries came into force.…