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01-06-2023 12:49

Quarterly National Accounts: 1st Quarter 2023

Growth Rate 3,4%The GDP growth rate in real terms during the first quarter of 2023 is positive and it is estimated at 3,4% over the corresponding quarter of 2022. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3,4%.Regarding the production approach for the estimation of GDP, the positive growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Wholesale and Retail Trade, Repair of Motor Vehicles", "Transportation and Stor...

01-06-2023 12:12

The Department of Meteorology participated in the 19th Congress of the World Meteorological Organization, in Geneva

The Department of Meteorology Cyprus participated in the 19th Congress of the World Meteorological Organization (WMO), which took place in Geneva during the period from May 22 till June 02. The Department was represented at the Congress by its Director, Dr Kleanthis Nicolaides, with his capacity as the Permanent Representative of Cyprus to the organization.Among the resolutions discussed was the announcement of Meteorological, Environmental and Hydrological observing stations of WMO’s member...

01-06-2023 11:37

Cyprus-India working meeting in the framework of the Best Invest Congress

In the framework of the Best Invest Congress, the special Cyprus-India working meeting took place on Monday, 29 May, at the Parklane Hotel, in Lemesos.The Cyprus-India working meeting was welcomed by the Deputy Minister of Shipping, Ms Marina Hadjimanolis, who thanked the High Commissioner of India to Cyprus, Ms Madhumita Hazarika Bhagat, for the invitation and pointed out the excellent opportunity that this meeting offers to the participants to be informed about the latest developments in t...

01-06-2023 09:10

Opening address by the Director of the Press and Information Office, Ms Aliki Stylianou, at the Plenary Meeting of the Club of Venice, in Lefkosia

Esteemed members of the Club of Venice,Dear friends,It is an honour to welcome you all to Cyprus for the Plenary Meeting of the Club of Venice, and a great pleasure to see you all again.When the call came for Cyprus and the Press and Information Office to host the Meeting, we never gave it a second thought. Events, such as this, strengthen the bonds between communication professionals and their respective countries. They harbor open exchange of viewpoints, and give us the opportunity to bro...

31-05-2023 19:50

Photo Album - PoR – Seminar of the Anti-Corruption Committee

The President of the Republic, Mr Nikos Christodoulides, addresses the Seminar of the Anti-Corruption Committee of the Cyprus Bar Association, at Cleopatra Hotel, in Lefkosia.

31-05-2023 18:19

Photo Album - PoR – President of the House of Representatives and DISY

The President of the Republic, Mr Nikos Christodoulides, receives the President of the House of Representatives and President of the Democratic Rally (DISY), Ms Annita Demetriou, at the Presidential Palace, in Lefkosia.

31-05-2023 14:19

Turnover value index of services: 1st quarter 2023

 The Turnover Value Index during the first quarter of 2023 recorded increases in the sectors of accommodation and food service activities (31,9%), of administrative and support service activities (19,1%), of professional, scientific and technical activities (8,5%) and of information and communication (1,1%) compared to the corresponding quarter of 2022.Table 1  Code NACE Rev. 2  Sector of Economic ActivityTurnover Value Index (2015=100)Percentage Change (%)Q1 2022Q1 2023Q1 202...

31-05-2023 14:02

Fiscal Accounts of General Government: January-April 2023

Surplus €291,9 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €291,9 mn (1,0% of GDP) for the period of January-April 2023, as compared to a surplus of €296,6 mn (1,1% of GDP) that was recorded during the period of January-April 2022. RevenueDuring the period of January-April 2023, total revenue increased by €347,6 mn (+10,5%) and amounted to €3.651,2 mn, compared to €3.303,6 mn in the correspondin...

31-05-2023 13:50

Index of Industrial Output Prices: April 2023

Annual Change +11,5%The Index of Industrial Output Prices for April 2023 reached 140,1 units (base 2015=100), recording an increase of 0,1% compared to March 2023. Compared to the corresponding month of the previous year, the index recorded an increase of 11,5%. For the period January-April 2023, the index showed an increase of 16,1% compared to the corresponding period of 2022. In April 2023 compared to March 2023, the index remained stable in the sector of electricity supply, while it sh...

30-05-2023 20:12

Address by the President of the Republic Mr Nikos Christodoulides at the ICAEW event at the British High Commissioner’s Residence today

We are very proud of the industry of chartered accounting in Cyprus, we know very well how important it is for the Cypriot economy and, as the new Government, I assure them that we will stand by their side and work together.It is with pleasure that I address tonight’s event in the presence of distinguished professionals, members of the Institute of Chartered Accountants in England and Wales and of course the Institute’s Chief Executive.  Tonight’s event coincides with the very first months ...

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