It just said ‘Cyprus.’” The Tourism Ministry for the TRNC estimates that it accounts for roughly 50% of the economy, and that two million tourists come to the TRNC each year, an influx that ...

will contribute to the resilience of the Cypriot economy, so that Cyprus can address challenges in the external environment”. Earlier, the statistical service reported that the economy’s ...

But in 2013, Cyprus' economy experienced a near collapse during Europe's financial crisis. The island was close to bankruptcy and sought an emergency 10 billion euro, or $11 billion, loan from the ...

The council also highlighted the CypERC’s latest report, which anticipates that Cyprus’ economic growth will moderate from 3.4 per cent in 2024 to 2.8 per cent in 2025, before improving to 3.2 ...

Cyprus averted meltdown ... But Georgiades said the island's economy was proving more resilient than initially expected. "Basic sectors have not lost their momentum and new sectors, such as ...

The relatively poor-state of the economy in the UK has had a knock-on impact on the tourism industry in Cyprus, with fewer Brits feeling able to head to the island to splash their cash.

NICOSIA (Reuters) - Cyprus, the fifth euro zone country to seek emergency funding from Europe, may need a bailout that is more than half as big as its 17.3 billion euro economy, officials said on ...

NICOSIA, Cyprus (AP) — The Cypriot government said Monday that the crisis in Ukraine isn’t likely to harm the bailed-out country’s economy, which counts on tourism and business from Russia ...