Economy

Digital euro launching in 2025: What it means for cash

The European Central Bank (ECB) is preparing to roll out the digital euro in 2025, pending the necessary EU legislation to support it. “We are...

Three lucky Joker “5s” in Cyprus

Three lucky "5s" from the Joker lottery were found in Cyprus. Two winning tickets were played at an agency in Larnaca, specifically in Kiti, while...

Index of production in construction shows annual increase of 6.5%

The Index of Production in Construction during the third quarter of 2024 reached 110.92 units (base year 2021=100.00), recording an increase of 6.5% over...

Government employment up 3.1% in 2024

For the period January – December 2024 average total government employment reached 54,314 persons, marking an increase of 1,615 persons (3.1%) compared to the...

Budget implementation at 82% for revenues, 71% for expenditures in November

A delay in the implementation of the 2024 budget for the period January-November due to the timing of loan withdrawals and public debt repayments...