Tag: economy

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...

Trump tariffs add stress to already struggling global economy

Economy April 3, 2025 at 12:36

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

Cyprus April 2, 2025 at 12:52

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,...

How do Trump’s tariffs on cars affect Cyprus

Economy March 28, 2025 at 11:52

The imposition of tariffs of up to 25% on car imports from 2 April, announced by US President Donald Trump, has sent shockwaves through...

Chevron interested in hydrocarbon exploration off Crete

Economy March 27, 2025 at 13:09

The Ministry of Environment and Energy on Wednesday announced that it has accepted an expression of interest submitted by the US company Chevron to...

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