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Limassol port “a natural gateway” for vehicle transport — traffic up by 75 per cent
02 May 2024 11:50 GMT
… has seen a substantial rise in wheeled cargo traffic … represents a nearly 75 per cent increase in volume since … making a significant contribution to Cyprus’ economic growth every year,” DP World … from Limassol port, giving Cypriots the option to take …
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Ursula von der Leyen commends Cyprus for 20 years of transformation
02 May 2024 08:43 GMT
… Turkish Cypriots.
Acknowledging the EU's transformative impact, Christodoulides highlighted Cyprus … advancements in healthcare, education, and economic growth facilitated by EU support. She … event was attended by the Cypriot Commissioner for Health and …
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Household debt at 66% and corporate debt at 133% of GDP in end-2023
30 Apr 2024 18:17 GMT
Cypriot household debt in the end … 2023 amounted to 66% of Cyprus’ GDP with the non-financial corporation … registered quarterly reductions due to GDP growth.
Household assets in the end … marginal quarterly reduction due to GDP growth, the CBC said.
Compared …
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Cyprus navigates economic uncertainty with strong economic reserves
30 Apr 2024 11:36 GMT
… it makes (the debt-to-GDP ratio) isn't too …
Even though interest rates are going up globally, Cyprus managed its money … 19 mess started in 2020, Cyprus has been getting its debt … thanks to strong economic growth.
Looking forward, most of Cyprus' debts …
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Cyprus’ cash reserves to aid government amid global uncertainty
30 Apr 2024 10:54 GMT
… as a percentage of GDP at lower levels.”
The reduction … economic growth resulting in an improvement in the debt-to-GDP … Cyprus’ short-term debt, amounting to €11.62 billion, approximately 51 per cent … and the new interest rate environment are favourable,” it …
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Special Meeting 2024 – Revitalizing Growth, Development and Collaboration Amid Global Fractures
30 Apr 2024 07:05 GMT
… measure and kick-start economic growth. The Future of Growth Initiative advanced its … campaign to drive higher-quality economic growth, balancing innovation, inclusion, sustainability and … two new countries, Oman and Cyprus, to the Digital FDI Initiative …
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Cyprus Government Imposing Austerity and Piling-up Cash: Could Do More to Support Economy and Citizens
29 Apr 2024 10:34 GMT
… .
Government policies
The Cyprus government with its generation … rates including, importantly, the tax-free threshold, for inflation.
And if Cyprus … by measurements of real GDP growth and data on fiscal … in the benefits of GDP growth and whether the …
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Seizing the opportunity for a Cyprus deal
28 Apr 2024 16:19 GMT
… a settlement to the Cyprus dispute that addresses the … conflict, is essential for spurring economic growth, in order to reduce … the Cyprus issue. Nonetheless Turkey and the Turkish Cypriots are … UN efforts to reach a Cyprus settlement. We continue to …
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RoRo traffic up 75% in Limassol since 2017
02 May 2024 13:10 GMT
… has seen a 75% rise in wheeled cargo traffic … making a significant contribution to Cyprus’ economic growth every year,” said DPWL … from Limassol port, giving Cypriots the option to take … its commitment to strengthening Cyprus’ tourist industry, as …
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Digital Cooperation Organization Delegation to Attend 15th OIC Islamic Summit Conference
02 May 2024 11:29 GMT
… USD $3.5 trillion in GDP, and cover a market … leapfrogging with innovation to drive economic growth and increase social prosperity.
The … of Bangladesh, the Republic of Cyprus, the Republic of Djibouti, the … nearly $3.5 trillion in GDP and a market of nearly …