Economy

We aim to reduce unemployment below 5%, Labour Minister says

The Minister of Labour and Social Insurance, Yannis Panayiotou, announced a target to reduce unemployment below 5%, during the presentation on Friday of the...

Implementation of development budget expenditure at 45%

At the end of October 2024, the rate of the implementation of development expenditure in the state budget reached 45%, compared to 40%, which...

Annual industrial output prices decrease in October

Industrial Output Prices fell by 0.6% in October 2024, compared with October last year, while for the January-October 2024 period prices fell by 2.0%,...

DepMin says 2024 a reference year for tourism

Deputy Minister for Tourism Kostas Koumis has said that 2024 is a reference year for tourism, following the record numbers in arrivals and revenue. Koumis, who...

General government surplus: €1.43 billion – 4.2% of GDP

The preliminary General Government fiscal results, prepared by the Statistical Service, indicate a surplus of €1,431.8 mn (4.2% of GDP) for the period of...