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Cyprus GDP News is an EIN News Service for political professionals. Constantly updated news and information about Cyprus EU Politics.
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Latest Cyprus GDP News

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  • Cyprus opens new airport to attract tourism, trade 7 Nov 2009 20:54 GMT
    ... Cypriot President Demetris Christofias opened the new Larnaca ... work plays a significant role in upgrading Cyprus as a main transit hub in the ... of lower tourism revenue, Cyprus expects negative GDP growth this year of 0.5 percent -- ...

  • Public bonds and private banks: a circuitous route to support the economy 2 Nov 2009 04:36 GMT
    ... days ago, the European Commission approved a Cypriot scheme to support credit institutions. This is ... at €18.5 billion, as measured by Gross Domestic Product. The government stands to make a decent ... of the creditworthiness of the applicant. What Cyprus needs in the longer term is a ...

  • Negative growth rate expected in Cyprus, Commission forecasts 4 Nov 2009 09:56 GMT
    ... Negative growth rate expected in Cyprus, Commission forecasts November 04, 2009 - By ... Nicos Bellos The growth rate of the Cypriot economy is expected to be negative this ... this year will exceed the 3% of GDP ceiling, while the Commission foresees a further ...

  • Outlook stable as credit rating cut to recession low 5 Nov 2009 16:33 GMT
    ... has cut Ireland's credit rating to the lowest level since the recession began. The rating ... on the same level as Italy and Cyprus. Although investor confidence returned following commitments from ... set to widen to 12pc of gross domestic product this year, according to government forecasts, ...

  • India president seeks to boost Cyprus trade, IT investments 6 Nov 2009 20:16 GMT
    ... India president seeks to boost Cyprus trade, IT investments “US$ 68.7 mln is much below ... frontiers of opportunity of Cyprus, the rapid economic growth of India in recent years, even in ...

  • Cyprus credit card spending down 3 pct Jan-Oct 5 Nov 2009 11:17 GMT
    ... 5 (Reuters) - Credit card transactions in Cyprus fell by 3 percent year-on-year in the ... for about 11 percent of Cyprus's gross domestic product. The economy is in recession after recording ... after recording two successive quarters of negative growth this year. Its earnings from tourism fell ...

  • Tourism earnings fall 16.1 % January-September 2 Nov 2009 11:15 GMT
    ... Cyprus’s earnings from tourism fell 16.1% in the ... Tourism earnings represent 10.6% of Cyprus’s gross domestic product, which is in recession after recording two ... after recording two successive quarters of negative growth. Revenue from January until the end of ...

  • PRESS DIGEST - Cyprus - Nov 4 4 Nov 2009 06:40 GMT
    ... 4 (Reuters) - Leading reports in Greek Cypriot financial and general press. Reuters has not ... reports: - European Commission forecasts show widening Cyprus deficit to 3.5 percent of GDP in 2009, 5.7 percent in 2010 and ...

  • The Board of Directors examines results at Septemb... 6 Nov 2009 18:58 GMT
    ... in the emerging countries offering the best growth potential. During this lengthy period he was ... improved in the third quarter. In China, economic growth continued in the third quarter, although at ... reflected the downturn in results at Vassiliko (Cyprus) and Ciment Quebec (Canada), despite the improvement reported by ...

  • Denial of inequality has deadly results 4 Nov 2009 01:33 GMT
    ... 26. Luxembourg 27. Netherlands 28. Germany and Cyprus 30. And then Ireland, along with Spain on ... for 2007 was 31.2 per cent of GDP. Belgium's tax take was 44 per cent ... in the EU 27 that had a lower tax take than Ireland's - Latvia, Lithuania, ...

  • Cyprus to pursue tax dodgers to plug deficit-FinMin 3 Nov 2009 12:34 GMT
    ... NICOSIA, Nov 3 (Reuters) - Cyprus said it would pursue tax dodgers to boost ... forecast to rise to 3.5 percent of GDP this year. Authorities also planned to cut down on non-essential ... The island's own forecast is for negative growth of 0.5 percent in 2009, and a ...

  • European Union eyes "digital dividend" after DTV transition 3 Nov 2009 12:55 GMT
    ... economists anticipating up to €50 billion in economic growth thanks to the boon. But, warned Viviane ... job done by 2010. But Belgium, Bulgaria, Cyprus, the Czech Republic, Greece, France, Hungary, Italy, Lithuania, Latvia, ...

  • CNP Assurances: Third Quarter 2009 Quarterly Information (PRN) 6 Nov 2009 09:23 GMT
    ... less morose economic and financial environment, reported growth in all its markets. In France, La ... Caja Canarias. ­ Europe - Greece and Cyprus - This subsidiary, acquired in late 2008, generated ... economic recovery (with a return to positive GDP growth in France, Germany and Japan in the second quarter, ...

  • CNP Assurances: Third Quarter 2009 Quarterly Information 6 Nov 2009 09:29 GMT
    ... momentum in France, up 13.7%. - Sustained growth in international markets, up 39.3%. - Net ... Caja Canarias. ­ Europe - Greece and Cyprus - CNP Marfin Insurance Holding This subsidiary, acquired ... economic recovery (with a return to positive GDP growth in France, Germany and Japan in the second quarter, ...

  • It is unlikely gold will ever be the reserve currency 2 Nov 2009 21:30 GMT
    ... But at least two --- Greece and Cyprus --- have trundled along only because of the ... good rate of return (indicated by strong GDP growth and good foreign exchange reserves) is more ...


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