CYPRUS




Cyprus sees surplus soar in H1
FINANCE

Cyprus has reported a substantial budget surplus of 424.5 million euros for the first half of 2024, a huge increase from the €62 million surplus during the same period last year.




Ayia Napa Marina has new app
CYPRUS

Ayia Napa Marina in eastern Cyprus has recently launched its new mobile app, aiming to contribute to the connectivity between members of and visitors to its vibrant and rapidly growing community.

Cyprus fund to begin investments
FINANCE

The first investments by the Cyprus Equity Fund, set up by the Cypriot government in cooperation with the European Investment Fund are expected to begin this fall.

Bank of Cyprus sets reference interest rate
ECONOMY

The Central Bank of Cyprus, exercising its powers under article 314A of the Cyprus Penal Code, and in accordance with its provisions, has set the reference interest rate at 11.76%.