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07-11-2024 19:34

Address by the Minister of Health of the Republic of Cyprus, Mr Michael Damianos, at the opening ceremony of the 12th International Medical Congress

It is a great pleasure for me to address you today on the occasion of the opening ceremony of the 12th International Multithematic Biomedical Congress (IMBMC). This prestigious Congress has been organised by the Medical School of the European University of Cyprus (EUC) in collaboration with the Pancyprian Medical Association and under the auspices of the Ministry of Health. The high-calibre Congress has established itself as an international event celebrating the present and future of science...

07-11-2024 18:14

Statements by the President of the Republic of Cyprus, Mr Nikos Christodoulides, on the European Political Community Summit and on his meeting with the President of the Republic of Turkey

The President of the Republic of Cyprus, Mr Nikos Christodoulides, stated today that his message to the President of Republic of Turkey during their meeting, on the sidelines of the European Political Community (EPC) Summit, was clear and precise regarding the need for a solution to the Cyprus problem on the basis of the agreed framework.In his remarks on the sidelines of the EPC Summit taking place in Budapest, the President of the Republic of Cyprus stated that the EPC Summit "is an import...

07-11-2024 14:06

Consumer Price Index: October 2024

Inflation 0,6%In October 2024, the Consumer Price Index increased by 0,16 units and reached 118,64 units compared to 118,48 units in September 2024. In October 2024, the inflation increased by 0,6%. (Table 1)For the period January-October 2024, the CPI increased by 1,8% compared to the corresponding period of the previous year. (Table 1)The largest change in economic categories compared to October 2023 was recorded in Petroleum Products with a percentage of -12,75%, while compared to the ...

07-11-2024 12:02

The Ambassador of the Republic of Cyprus to the Principality of Liechtenstein presents his credentials

The Ambassador of the Republic of Cyprus to the Principality of Liechtenstein, with residence in Vienna, Mr Andreas Ignatiou, presented, during an official ceremony held at Vaduz Castle on 25 October 2024, his credentials to His Serene Highness, Hereditary Prince Alois.During a private meeting that followed, the excellent bilateral relations between the two countries were reaffirmed. Discussion also focused on issues of mutual interest both on bilateral and international level, as well as Eu...

06-11-2024 16:52

Earnings of Employees: Annual Data 2023

Monthly earnings – Average: €2.363, Median: €1.792The average gross monthly earnings of employees for 2023 were €2.363 compared to €2.202 in 2022 (Graph 1). The average gross monthly earnings have increased by 7,3% compared to the previous year. For 2022, the corresponding increase was 7,1%. Median gross monthly earnings of employees were €1.792.Graph 1 Distribution of Employees by group of Gross Monthly Earnings and SexGraph 2 shows the percentage distribution of employees by group of m...

06-11-2024 14:50

Quarterly accounts of General Government: 2nd quarter 2024

Deficit €39,0 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a deficit of €39,0 mn for the period of April-June 2024, as compared to a deficit of €260,8 mn that was recorded during the period of April-June 2023. RevenueDuring the period of April-June 2024, total revenue increased by €523,2 mn (+19,2%) and amounted to €3.252,6 mn, compared to €2.729,4 mn in the corresponding period 2023.In detail, taxes on p...

06-11-2024 14:20

Call for submission of proposals by theatre groups or individuals 2025 for the International Festival of Ancient Greek Drama

The Department of Contemporary Culture of the Deputy Ministry of Culture and the Cyprus Centre of the International Theatre Institute announce the opening of the submission of proposals by Cypriot theatre groups/individuals and by theatre groups/individuals not residing in Cyprus for participating in the 28th edition of the “International Festival of Ancient Greek Drama”, which will be held from the end of June until the beginning of August 2025 in Cyprus.The aim of the festival is to presen...

05-11-2024 15:26

Registered Unemployed: October 2024

The unemployed persons registered at the District Labour Offices on the last day of October 2024 reached 7.781 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for October 2024 decreased to 10.208 persons in comparison to 10.265 in the previous month (Table 1). In comparison with October 2023, a decrease of 1.451 persons or 15,7% was recorded, attributed mainly to the sectors of financial and insurance activities, constru...

05-11-2024 15:12

Industrial Turnover Index: August 2024

Annual Change +2,2% In August 2024, the Industrial Turnover Index reached 118,3 units (base 2021=100), recording an increase of 2,2% compared to August 2023. For the period January-August 2024, the index recorded an increase of 2,3% compared to the corresponding period of the previous year.In manufacturing, the Industrial Turnover Index for August 2024 reached 103,5 units, recording an increase of 0,6% compared to August 2023. Increases were also recorded in the sectors of mining and quarr...

04-11-2024 13:54

Annual Non-Financial Sector Accounts: 2023

Annual increase of 4,9% to the disposable income of households and non-profit institutions serving households Based on the preliminary estimates of the main aggregates of the National Accounts by institutional sector for the year 2023, the gross disposable income for the total economy amounted to €27.981,9 mn, the gross saving amounted to €3.463,0 mn and the net borrowing (-) amounted to €2.998,7 mn. (Table).The disposable income of households and non-profit institutions serving households ...

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