The economy in Cyprus will grow by 3.2% in 2019, 2.8% in 2020 and 2.5% in 2021, according the European Commission`s Winter Economic Forecast, published today in Brussels, and presented by Commissioner Paolo Gentiloni. Inflation will be 0.8% in 2020 and 1.2% in 2021 and “downside risks are primarily external notably a potential slowdown in … Continue reading CYPRUS GDP SET TO GROW OVER THE NEXT TWO YEAR PERIOD ACCORDING TO COMMISSION FORECAST →

Cyprus Finally in The Implementation Stage to Allow the Transportation of Natural Gas to The Island by 2021 President of the Republic Nicos Anastasiades said Cyprus is finally in the implementation stage that will allow the transportation of natural gas to the island by 2021, the CNA reports. Presenting the Cyprus Regulatory Authority for Energy … Continue reading TRANSPORTATION OF NATURAL GAS TO CYPRUS BY 2021 →

The euro area (EA19) seasonally-adjusted unemployment rate was 7.8% in February 2019, stable compared with January 2019 and down from 8.5% in February 2018. This remains the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.5% in February 2019, stable compared with January 2019 and down from 7.1% … Continue reading UNEMPLOYMENT IN CYPRUS DROPS TO 7.1% →