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30-09-2023 10:30

Written statement by the President of the Republic, Mr Nikos Christodoulides, on the Cyprus economy

I express deep satisfaction for the two-notch upgrade of the Cyprus economy and the reinstatement of the credit profile of our country to investment grade, by the Moody’s Credit Rating Agency, after 12 whole years.This was achieved through the sacrifices of the people of Cyprus, whom I warmly thank, as well as through the prudent, responsible, and disciplined public fiscal policy of the last years.The recovery of the investment grade will translate into prospects and opportunities through t...

29-09-2023 21:21

Remarks by the President of the Republic, Mr Nikos Christodoulides, at the joint press conference of the Heads of State or Government following the MED9 Summit, in Malta

Let me start by thanking our host, my friend, Prime Minister Robert Abela, for the wonderful hospitality extended to us all, in this beautiful island.Although for me it is the first such summit as President of the Republic of Cyprus – I had previously participated in ministerial meetings of the Med7 and Med9 group - it is very important that this is already the 10th summit at Leaders’ level of the Med9 countries. The fact that our countries have been meeting and coordinating at the highest l...

29-09-2023 12:56

Index of Industrial Output Prices: August 2023

Annual Change -3,1%The Index of Industrial Output Prices for August 2023 reached 137,6 units (base 2015=100), recording an increase of 0,1% compared to July 2023. Compared to the corresponding month of the previous year, the index recorded a decrease of 3,1%. For the period January-August 2023, the index showed an increase of 7,6% compared to the corresponding period of 2022.In August 2023, compared to July 2023, the index remained stable in the sectors of mining and quarrying and electric...

28-09-2023 13:07

Industrial Production Index: July 2023

Annual Change +1,6%In July 2023, the Industrial Production Index reached 155,6 units (base 2015=100), recording an increase of 1,6% compared to July 2022. For the period January – July 2023, the index recorded an increase of 0,4% compared to the corresponding period of the previous year. The manufacturing sector registered an increase of 1,4% compared to July 2022. An increase was also observed in the sectors of mining and quarrying (+8,8%), water supply and materials recovery (+8,8%) and ...

28-09-2023 10:54

Curriculum Vitae of the Deputy Government Spokesman, Mr Yiannis Antoniou

Yiannis Antoniou was born on July 11, 1969. He is a graduate of Laniteion B’ Lyceum in Lemesos. After fulfilling his military service, he studied Political Sciences in Sofia, Bulgaria. He continued his studies at a School of Journalism in Lefkosia, whilst practicing journalism for “Haravghi” newspaper. He worked for many years as a reporter and editor for “Phileleftheros” newspaper up until 2008 when he assumed the position of Editor in Chief for “Kathimerini” Cyprus newspaper. For a short ti...

27-09-2023 13:33

Written statement by the President of the Republic, Mr Nikos Christodoulides, on the approval of the 2024 Budget by the Council of Ministers

Today, the 2024 Budget was approved by the Council of Ministers, marking the first budget of our administration. It reflects the clear imprint of our policy priorities. A surplus budget that transforms the core principles of the governance program into costed and achievable investments and reforms, placing people at the centre of all policies. Achieving a sustainable and resilient economy and promoting green and digital transition through modern governance are primary objectives, always withi...

27-09-2023 12:45

Imports, sales and stocks of petroleum products: August 2023

Annual Change in Sales +2,3%In August 2023, the total sales of petroleum products amounted to 124.832 tonnes, recording an increase of 2,3% compared to August 2022. A rise was observed in the provisions of aviation kerosene (12,5%), as well as in the sales of kerosene (22,2%), motor gasoline (5,0%), road diesel (4,6%), liquified petroleum gases (3,7%) and heating gasoil (2,5%). On the contrary, a decrease was observed in the provisions of marine gasoil (-23,9%), as well as in the sales of li...

26-09-2023 13:40

The Ambassador of the Republic of Cyprus to the United States of America presented his credentials

The new Ambassador of the Republic of Cyprus to the United States of America, Mr Evangelos Savva, presented his credentials to the US President Joseph R. Biden, during an official ceremony held on 15 September 2023, in the White House.During the presentation of his credentials Ambassador Savva conveyed to President Biden the warm greetings of the President of the Republic, Mr Nikos Christodoulides, and paid tribute to the high level of Cyprus - US relations, as they have developed in recent ...

24-09-2023 10:34

Address by the President of the Republic, Mr Nikos Christodoulides, at the Honor ceremony at Queens College, City University of New York, yesterday

23 September 2023I am truly honored and moved to be back at Queens College, this time in a very different capacity. I wish to thank the President of Queens College, Frank Wu, and the Advisory Board of the Centre for Byzantine and Modern Greek Studies for this invitation, that brings me back to my most formative years.Mr President, it is a true honour to receive today the President's Medal, and one that feels me with gratitude. The granting of this honour by Queens College has a deep, person...

22-09-2023 09:30

The Ambassador of the Republic of Cyprus to the State of Israel presented his credentials

The new Ambassador of the Republic of Cyprus to the State of Israel, Mr Kornelios Korneliou, presented on 19 September 2023, his credentials to the President of the State of the State of Israel, Mr. Isaac Herzog, in an official ceremony held at the Presidential Residence in Jerusalem.In the meeting that followed, the Ambassador conveyed the cordial greetings of the President of the Republic, Mr Nikos Christodoulides, to the President of Israel, and expressed the commitment of the Cypriot gov...

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