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29-02-2024 14:02

Revenue from Tourism: December 2023

Revenue from Tourism +29,0%Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €74,3 mn in December 2023 compared to €57,6 mn in the corresponding month of the previous year, recording an increase of 29,0%.For the period of January – December 2023, revenue from tourism is estimated at €2.990,6 mn compared to €2.439,2 mn in the corresponding period of 2022, recording an increase of 22,6%. Expenditure AnalysisThe average expen...

29-02-2024 14:01

Announcement by the Ministry of Defence regarding the conference organised as part of the Consultation Forum for Sustainable Energy in the Defence and Security Sector

The European Defence Agency (EDA), in collaboration with the Ministry of Defence of Cyprus, organised a Conference in Larnaca on February 27 and 28 as part of the Consultation Forum for Sustainable Energy in the Defence and Security Sector (CF SDESS). The Conference brought together more than 90 experts in energy from 29 countries, independent organisations, academic institutions, and companies.In his welcome speech Mr Andreas P. Loukas, Permanent Secretary of the Cyprus Ministry of Defence,...

29-02-2024 13:57

Turnover Value Index of Services: 4th Quarter 2023

The Turnover Value Index during the fourth quarter of 2023 recorded increases in the sectors of accommodation and food service activities (16,4%), administrative and support service activities (11,9%) and information and communication activities (5,8%), whereas a decrease was recorded in the professional, scientific and technical activities sector (-1,7%) compared to the corresponding quarter of 2022.During the period January-December 2023, increases relative to the corresponding period of 2...

29-02-2024 13:55

Fiscal Accounts of General Government: January – December 2023

Surplus €876,3 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €876,3 mn (2,9% of GDP) for the period of January - December 2023, as compared to a surplus of €676,3 mn (2,4% of GDP) that was recorded during the period of January - December 2022.RevenueDuring the period of January-December 2023, total revenue increased by €1.306,8 mn (+11,4%) and amounted to €12.763,2 mn, compared to €11.456,3 mn in...

28-02-2024 21:28

The President of the Republic had a meeting with the Prime Minister of the Netherlands

The President of the Republic, Mr Nikos Christodoulides, and the Prime Minister of the Netherlands, Mr Mark Rutte, reaffirmed the excellent level of bilateral relations between Cyprus and the Netherlands during their meeting in The Hague.President Christodoulides, who is on a working visit to the Netherlands, had a meeting with Prime Minister Rutte at 20:00 (Cyprus local time) at the official residence of the Prime Minister of the Netherlands in The Hague.While welcoming President Christodo...

28-02-2024 17:59

The President of the Republic had a meeting with the King of the Netherlands

The President of the Republic, Mr Nikos Christodoulides, had a meeting today with King Willem-Alexander at the Huis ten Bosch Palace in The Hague.President Christodoulides had a meeting with the King this afternoon, within the framework of his one-day working visit to the Netherlands.Upon his arrival at the Palace, a procession paid homage, and he was then received by King Willem-Alexander, with whom he had a meeting.The meeting was focused on, inter alia, the developments with regard to t...

28-02-2024 15:07

Inception of the project “Strengthening capacities and improving the overall performance of Home Affairs Funds in Cyprus”

Today marks the official launch of the EU project “Building Capacity and Improving the Overall Performance of the Home Affairs Funds in Cyprus”, with the kick-off meeting taking place at the premises of the Press and Information Office.The project is funded by the European Commission/Directorate-General for Structural Reform Support (DG REFORM) through the Technical Support Instrument (Technical Support Instrument - TSI) for 2023. The project is implemented by EY Cyprus Advisory Services Lim...

28-02-2024 14:01

Announcement by the Cyprus Organization for Standardization regarding “International Perspectives on Sustainable Finance: Financing Net Zero Transition & Sustainable FinTech” Conference

The Conference titled “International Perspectives on Sustainable Finance: Financing Net Zero Transition & Sustainable FinTech”, taking place on Tuesday, 9th of April 2024, is organised by ISO & CYS.The Conference will bring together a dynamic, widely recognised group of community experts with the intention to inspire, share, and explore perspectives towards a common objective: ensuring a truly sustainable financial system.Stay tuned for more information on the Conference agenda and ...

28-02-2024 13:45

Industrial Production Index: December 2023

Annual Change +2,3%In December 2023, the Industrial Production Index reached 136,1 units (base 2015=100), recording an increase of 2,3% compared to December 2022. For the period January – December 2023, the index recorded an increase of 2,4% compared to the corresponding period of the previous year.The manufacturing sector registered an increase of 0,8% compared to December 2022. An increase was also observed in the sectors of water supply and materials recovery (+27,7%), mining and quarry...

27-02-2024 12:54

Imports, Sales αnd Stocks οf Petroleum Products: January 2024

In January 2024, the total sales of petroleum products amounted to 109.710 tonnes, recording a decrease of 0,9% compared to January 2023. A decrease was observed in the provisions of marine gasoil (-11,0%) and in the sales of light fuel oil (-19,3%), asphalt (-18,0%), kerosene (-8,0%), heating gasoil (-1,5%) and liquefied petroleum gases (-1,5%). On the contrary, a rise was recorded in the provisions of aviation kerosene (7,3%), as well as in the sales of road diesel (5,5%) and motor gasoline...

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