Tag: cypruseconomy

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

Economy April 3, 2025 at 14:45

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 at 10:44

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 at 14:58

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 at 11:29

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...