China’s economy grew 5.2% in 2023, slightly more than the official target, but the recovery was far shakier than many…
Government proposes law to align with EU Blue Card requirements
The Cabinet today greenlighted legislative amendments that outline the processes for acquiring the EU Blue Card. These changes address the…
Dishonored cheques worth €1,767,912 issued in 2023
A total of 356 dishonored cheques, amounting to €1,767,912, were issued in 2023, with 231 individuals (136 legal entities and…
Employers will be automatically informed of employees’ asylum status
The Ministry of Labour has completed upgrading its information system and connecting it to the Ministry of Interior’s database. The…
Inflation at 1,9% in December 2023
In December 2023, Cyprus saw a deceleration in Harmonized Inflation, reaching 1.9%, marking the lowest level since June 2021. Compared…
Treasurer rejects proposal to cut multiple state officials’ pensions
The Treasurer of the Republic, Andreas Antoniades, has rejected the recommendation of the Auditor General to cut the multiple pensions…
Tourist arrivals rise as UK remains leading source
Tourist arrivals in Cyprus surged in December 2023, reaching 123,630, marking a 12.3% increase compared to the same period in…
Loan demand drops due to high interest rates
During the third quarter of 2023, Cyprus saw a notable reduction in loan demand, affecting both businesses and households. This…
Audit Office urges halt to “unlawful payments” for state officials
Τhe Audit Οffice has issued an appeal to the Treasury of the Republic, urging an immediate cessation of salary and…
Accelerated advancement of low-wage public servants signalled by Finance Ministry
The activation of the agreement signed on December 12 between the Ministry of Finance and the trade unions PASYDY and…