FRIDAY, 18 JAN 2019



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Invest Cyprus 30/04-30/03/2019

Syllouris Travels to Dublin for Event on Dail's 100th Year Celebration

Christodoulides: Interim Solution for British Bases in Cyprus in Case of Hard Brexit



Harmonized Price Index Decreases by 0.4% in March

Harmonized Price Index Decreases by 0.4% in March

The Harmonized Price Index for March 2018 decreased by 0.4% when compared to March 2017, while compared to February of 2018 increased by 0.9%. For the period January-March 2018 the HICP recorded a decrease of -0.8% compared to the corresponding period of the previous year.

Compared to March 2017, the largest changes were noted in Clothing and Footwear (-5.6%) and Furnishings, Household Equipment and Routine Maintenance of the House (-3.5%).

In comparison to HICP of February 2018, the largest change was recorded in Clothing and Footwear (7.8%).

For the period January-March 2018, compared to the corresponding period of the previous year, the largest change was noted in Clothing and Footwear (-5.5%).

As regards to the economic origin, the largest change when compared both to the index of March 2017 and to the index of the previous month, was observed in Non-Energy Industrial Goods with a percentage of -2.7% and 2.2% respectively.


Card Payments in Cyprus Increase Significantly in 2018

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Production in Construction increases in 2018

Production in Construction for the third quarter of 2018 increased significantly, over ...

NPLs Drop By €5.6 Billion Due to Sale of Cyprus Cooperative Bank

Non-performing exposures (NPEs) in the Cyprus banking system dropped to €11.02 ...



Third Place for Cyprus in Europe's Most Family Friendly Beach Destinations

According to a new Family Beach Index conducted by the company, On the Beach, Cyprus has ranked third out of a total of 50 family beach destinations. The index ...

Regus Ordered by the High Court to Pay €74,000 in Costs over EASY Branding Dispute

Sir Stelios Haji-Ioannou’s easyGroup, owner of the easy family of brands (, has today claimed a second important victory in its long running ...

PwC: Global Economic Growth Expected to Slow in 2019

The global economy as a whole is expected to slow in 2019 as G7 countries return to long-run average growth rates, according to new projections from PwC in its ...

Mann Vergan Appointed Director of Legal and Corporate Services at Woodbrook

Woodbrook Group, a Cyrpus-based independent financial advisory and corporate services company with offices across Europe, Asia and the Middle-East, has ...

Cypriots Travelling Abroad Increase in December 2018

On the basis of the results of the Passengers Survey, 122,149 residents of Cyprus returned from a trip abroad in December 2018 compared to 110,849 in the ...

Christodoulides: Interim Solution for British Bases in Cyprus in Case of Hard Brexit

Cyprus Foreign Minister Nikos Christodoulides has said that in case the UK leaves the EU without an agreement, an interim solution will be applied for the ...

Inflation Increases by 0.8% in 2018

In December 2018 the Harmonized Index of Consumer Prices increased by 1.0% compared to December 2017, while compared to November 2018 the HICP decreased by 0. ...

GOLD Magazine - The Human Component of Foreign Investment

Cyprus prides itself – rightly so – on its hospitality and positive attitudes towards all foreigners but what it the island like for those ...