Press Releases

The Chairman of the Public Service Commission (PSC), Mr Georgios Papageorgiou, holds a press conference on the Commission’s work and new regulations regarding the Public Service, on the occasion of the submission of the Annual Report of the Commission for the year 2022 to the President of the Republic, at the Press and Information Office, “Theofilos Georgiades” amphitheatre.

The GDP growth rate in real terms during the second quarter of 2023 is positive and it is estimated at 2,1% over the corresponding quarter of 2022. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 2,3%.Regarding the production approach for the estimation of GDP, the positive growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Transport and Storage", "Information and Communication", "Wholesale and Retail Trade, Repair of...

The President of the Republic, Mr Nikos Christodoulides, receives the Annual Report of the Public Service Commission (PSC) for 2022, at the Presidential Palace.

The Turnover Value Index of Retail Trade for July 2023 increased by 9,9% compared to the corresponding month of the previous year (Table 1). For the same month, the Turnover Volume Index of Retail Trade increased by 8,1% compared to the corresponding month of the previous year (Table 2). Table 1Code (NACE Rev. 2)Economic ActivityValue Index (2015=100)Percentage Change (%)July 2023July 2023 /  July 2022Jan-Jul 2023 /Jan-Jul 202247 except 47.3Retail trad...

Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €361,5 mn in June 2023 compared to €292,7 mn in the corresponding month of the previous year, recording an increase of 23,5%.For the period of January - June 2023, revenue from tourism is estimated at €1.090,1 mn compared to €835,7 mn in the corresponding period of 2022, recording an increase of 30,4%.Expenditure AnalysisThe average expenditure per person was €791,03 in June ...

It is with great pleasure that I address the annual Cyprus FinTech Summit for 2023.Firstly, I would like to thank the organisers of this excellent initiative which encourages and promotes the positive attribute of digital economy. I am certain that we will gain and share knowledge and expertise during today’s event. Today is an opportunity to join forces, exchange views and be inspired by the fascinating sector of financial technology, which is growing rapidly with very good results across ...

EMA’s human medicines committee (CHMP) has recommended authorising an adapted Comirnaty vaccine targeting the Omicron XBB.1.5 subvariant.The vaccine – known as Comirnaty Omicron XBB.1.5 – is to be used for preventing COVID-19 in adults and children from 6 months of age.In line with previous recommendations by EMA and the European Centre for Disease Prevention and Control (ECDC), adults and children from 5 years of age who require vaccination should have a single dose, irrespective of their ...