FinMin says GDP saw a 6% increase due to full absorption of cohesion funds
Finance Minister Makis Keravnos has said that full absorption of cohesion funds by Cyprus resulted to an increase of its GDP by 6%. The Minister...
Tag : increase
The geographical structure of Northern Cyprus will be created, says Yilmaz
Turkish Vice President Cevdet Yılmaz stated that they aim to create the geographical structure of Northern Cyprus to increase the recognition of the geographical data...
Annual increase of 4.7% in production in construction in first half of 2024
An annual increase of 4.7% in the production index in the construction sector was recorded in the first six months of the year, according to the...
Public employees anticipate salary increase amid rising cost of living
Public sector employees in North Cyprus are eagerly anticipating a salary increase following the announcement of the August “cost of living” rate. The officially determined...
Holiday package prices increase in both Cyprus
The price of package holidays in Cyprus as well as in the EU continued increasing in 2024, with Cyprus recording the third highest increase among...
Mpox danger is minimal, but imported cases may increase in Europe says EU agency
The European Centre for Disease Prevention and Control (ECDC) said on Wednesday that while the danger of mpox virus in Europe is low, imported cases...
Oil up over fears of widening conflict in oil-rich Middle East
Gains are weak as outlook for crude demand in China, world’s largest crude oil importer, remain bleak Oil prices increased on Monday over fears of...
Cyprus labour costs increase by 4.9%
Cyprus has reported a 4.9% rise in hourly labour costs (total cost) during the first quarter of 2024 compared to the same period last year,...
Eurostat: 11.8 percentage increase in consumer spending in South Cyprus in 2022
By 11.8%, the final consumption expenditure of households in Cyprus increased in 2022 compared to 2021 (by 4.7% in the EU), according to data released...
Electricity price hike has been revised from a 31% increase to 15℅
The Cyprus Turkish Electricity Authority (Kıb-Tek) revised the 31% increase, announcing on Tuesday that both single and multi-rate electricity tariffs have increased to 15 per...