Tag: cypruseconomy

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

Economy April 3, 2025

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...

Why falling interest rates don’t always mean lower loan instalments

Economy March 18, 2025

Despite continuous interest rate cuts by the European Central Bank (ECB), many borrowers are not seeing a reduction in their monthly loan repayments. This...

EU grants €3.5m to farmers affected by natural disasters in Cyprus

Economy February 20, 2025

The member states of the EU gave the green light to a proposal by the European Commision to mobilise 98.6 million euro as emergency...

Commission backs Cyprus’ third Recovery Fund payment request

Economy February 12, 2025

The European Commission has issued a positive preliminary assessment of Cyprus's third payment request through the Recovery and Resilience Fund, it was announced on...