Economy

“Vote of confidence” by Fitch, Moody’s in Cypriot economy

A report by Fitch Ratings, on Monday, which refers to Cyprus, as well as the recent double upgrade of the Cypriot economy by Moody's,...

Cyprus in Fitch’s positive outlook, despite challenges in Europe

Cyprus is included among Fitch’s balance of Positive Outlooks in its latest Non-Rating Action Commentary on Western European sovereigns issued on Monday, 25 November,...

Cyprus receives €115 million under the RRF by Commission

Today's payment of €115 million (net of pre-financing) in grants under the Recovery and Resilience Facility (RRF) was made possible by Cyprus' fulfilment of 37 milestones and...

Less freight through EU ports in 2023 in EU, slightly more in Cyprus

The sea ports of the EU handled a total of 3.4 billion tonnes of freight in 2023, a decrease compared to 2022 but an...

President: Digital citizen-Cyprus rebranding will modernise state

President Nikos Christodoulides told entrepreneurs on Monday night that the projects digital citizen and the rebranding of Cyprus which are underway will modernise the state...