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Tourism revenue up by 21.6% in January

Tourism revenue recorded a significant annual increase this January of 21.6% compared to January 2016, data released by the Cyprus Statistical Service show.

Growth in Cyprus is expected to remain brisk, IMF says

Cyprus` capacity to repay the International Monetary Fund (IMF) is expected to be satisfactory, growth is expected to remain brisk and the GDP growth is forecast at around 2.5 percent on continued support from foreign demand and external…

Unemployment in Cyprus drops at 12.9% in February 2017

Seasonally-adjusted unemployment rate in Cyprus was 12.9% in February 2017, down from 13.1% in January 2017 and from 13.4% in February 2016. This means that 56 000 individuals were unemployed, of whom 11.7% male and 14.2% female.

Cyprus and India discuss further economic cooperation

The Foreign Minister of Cyprus Ioannis Kasoulides and the Minister of State for External Affairs of India Mobashar Jawed Akbar discussed Friday the potential of further economic cooperation between the two countries.

Average gross monthly earnings up in Q4 2016

The average gross monthly earnings of employees during the fourth quarter of 2016, amounted to €2,176 compared to €2,167 during the fourth quarter of 2015, recording an increase of 0.4%, based on preliminary estimations of the Statistical…