Economy

Passenger traffic increased in March, Cyprus airports report

Larnaca and Paphos airports in Cyprus welcomed 707,304 passengers during March, recording an increase of 5.91% compared to 2024, the Transport Ministry announced on Tuesday.   It...

Greek feta producers fret over exports after US tariffs

A small cooperative of 1,200 stock breeders producing feta, Greece's trademark white soft cheese, in the southern Peloponnese peninsula had one big target this...

IMF: “Nimble, dynamic” Cyprus economy may grow 2.5% this year

Cyprus has a "nimble and dynamic economy" that should grow about 2.5% this year, the International Monetary Fund said on Friday, while it added...

Trump tariffs add stress to already struggling global economy

The latest round of US trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge,...

Cyprus receives €76.9 million under the Recovery fund

Today, the European Commission disbursed €76.9 million to Cyprus as its third instalment under the Recovery and Resilience Facility. As for all Member States,...