The Finance Ministry has welcomed the observations and recommendations made by the International Monetary Fund (IMF) during its mission to Cyprus as part of the Article IV consultations.In a statement …
Exploring the Future of Cyprus Real Estate: Insights from the IMF Meeting
In a significant meeting held on Wednesday, the Cyprus Property Developers Association convened with a delegation from the International Monetary Fund (IMF) to discuss the promising future of the …
Cyprus real estate sector’s future discussed in meeting with IMF delegation
The Cyprus Property Developers Association met with a delegation from the International Monetary Fund (IMF) on Wednesday, according to an official announcement. The meeting was attended by the …
Cyprus committed to fiscal responsibility, says Patsalides
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead. Speaking …
Cyprus makes name for itself as attractive investor destination
Cyprus boasts an adaptable economy, underpinned by a hospitable business climate and burgeoning investment opportunities, according to Cyprus High Commission Trade Centre Limassol’s promenade on the …
New finance internship programme bridges study and industry
The Cyprus University of Technology (Tepak), the Association of Chartered Certified Accountants (ACCA), and Ernst & Young (EY) Cyprus on Wednesday announced a strategic collaboration to introduce the …
Bank of Cyprus full-year net profit rises 4%
Feb 18 (Reuters) – Bank of Cyprus (BOCH.CY), opens new tab reported a 4% increase in full-year net profit on Tuesday and said it would propose the distribution of 211 million euros ($220.81 …
Micro-wineries in Cyprus hope to give the world’s oldest named wine a comeback
NICOSIA, Cyprus (AP) — Praised by the ancient Greek giants Homer and Euripides for its superb quality nearly 3,000 years ago, Cyprus’ Commandaria is the world’s oldest recorded and named wine.
EuroLife strengthens its position in wake of economic crisis
Marking “the most serious recession since the Turkish invasion in 1974”, according to Cyprus’ Finance Minister Harris Georgiades, the crisis created a troubling climate for businesses. GDP dropped 5.4 …
Cycling Excellence Takes Center Stage at the Cyprus Cycling Federation Awards 2024
The Cyprus Cycling Federation hosted its prestigious annual awards ceremony last February 7, 2025, celebrating the achievements of the nation’s top cyclists, clubs, and schools. The Cyprus Cycling …