WEDNESDAY, 23 MAY 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Stelios Haji-Ioannou Announces the Launch of the 10th Stelios Bi-Communal Awards in Cyprus

Menelaou: Turkey Continues To Violate UN Resolutions in Cyprus

IMH LTD
MTN_07/07-10/04_468x60px

ECONOMY

Cypriot Economy Grew By 3.8% of GDP in the First Quarter Of 2018

Cypriot Economy Grew By 3.8% of GDP in the First Quarter Of 2018

Cyprus growth rate in the first quarter of 2018 ending in March 31 reached 3.8% year on year, maintaining the momentum from 2017 where growth rate amounted to 3.9%, date released by the Cyprus Statistical Service (Cystat) show.

The Cypriot GDP growth for the first half is in line with the medium-term projections issued by the Finance Ministry over a 3.8% growth rate throughout the year.

Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3.8%, Cystat added.

The growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Retail and Wholesale Trade", "Construction", "Manufacturing", "Professional, scientific and technical activities" and "Administrative and support service activities,” Cystat said.

MORE ON ECONOMY

High Growth Rates and Surpluses Projected In Cyprus by SFPF

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until ...

Council of Ministers to Discuss Strategic Framework for Fiscal Policy

Finance Minister Harris Georgiades will submit, on Monday, to the Council of Ministers ...

Deflation for the Fifth Consecutive Month in April

Cyprus experienced deflation for the fifth consecutive month in April 2018, based on ...

FROM AROUND GOLDNEWS

   

CIBA and CIIM Host ‘Celebrating Women in Business’ Event

The Cyprus International Business Association (CIBA) for the 2nd consequent year collaborated with the Cyprus International Institute of Management (CIIM) to ...
   

Voici La Mode Group leads Topshop/Τopman in Cyprus and Romania

Voici La Mode Group undertakes the dynamic repositioning of the international brand Topshop/Topman in Cyprus and Romania as the new official francisee of the ...
   

Students Visit MTN Facilities to Celebrate World Telecommunications Day

On the occasion of the World Telecommunications and Information Society Day, celebrated every year on May 17th, MTN welcomed at their Latsia premises students ...
   

Limassol Boat Show 2018: Record Attendance Exceeding 25,000 Visitors

The island’s largest boat show, featuring yachts, activities and demonstrations on water, as well as recreational fishing products, was completed with ...
   

TOTAL Applies For a Stake in Block 8 Increasing Its Presence to Cyprus

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the Cypriot Exclusive Economic Zone currently owned by ...
   

High Growth Rates and Surpluses Projected In Cyprus by SFPF

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) ...
   

Cyprus, Malta, Greece Want EU Red Tape Cut to Boost Shipping

The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides ...
   

Menelaou: Turkey Continues To Violate UN Resolutions in Cyprus

Turkey continues to violate UN Security Council resolutions, Deputy Permanent Representative of Cyprus at the UN, Menelaos Menelaou has said, addressing the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Dynamic_Words_27/04-27/06_300x250px
GloriaJeans_300x250px

IMH LTD