ECONOMY Cyprus is a magnet for foreign companies as registrations surge Newsroom Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region. READ MORE
Consumers preferred plastic money over cash this summer Foreign card purchases increased by 53% from July to September, while Cypriot purchases abroad rose by 45%. Maria Eracleous 18/10/2022 | BUSINESS
Limassol are you ready? Nostalgia Halloween Party on Saturday 29/10 at Limassol AGORA 17/10/2022 | BUSINESS
New RORO service between Greece and Cyprus The line which will sail between Limassol, Lavrio and Thessaloniki was inaugurated on October 1st Kathimerini Greece Newsroom 14/10/2022 | BUSINESS
Average employee gross earnings up 3.2% in 2021 Average gross monthly earnings reached €2,067 in 2021, a decade high Source: CNA 13/10/2022 | BUSINESS
Cabinet revokes ten passports belonging to investors and their relatives The decision 12/10/2022 | BUSINESS
Plans to modernize the state's websites are underway Deputy Ministry says the project will cost €1.1 million and will be concluded in two phases, developing the first 65 websites ... Source: CNA 11/10/2022 | BUSINESS
Exness supports Enalia Physis and its efforts to preserve the Mediterranean Monk Seal habitats 11/10/2022 | BUSINESS
Trade deficit increased by €1.5 bln in first 8 months of 2022 The deficit was €5,120.1 million in January-August 2022, which increased from €3,587.5 in January-August 2021 Source: CNA 10/10/2022 | BUSINESS
Companies fined for safety violations resulting in the death of a worker Two other employees in both companies are facing 4 and 6 month suspended sentences respectively Source: CNA 10/10/2022 | BUSINESS
ECONOMY
