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Cyprus’ banking sector has significant liquidity and significant capital and does not have direct exposure to the events that have developed so far, the Governor of CBC Constantinos Herodotou says
14:44 - 23 March 2023
ACTE event sees stakeholders discuss 'Tourism: The Path to Sustainable Development'
12:37 - 23 March 2023
Deputy Minister of Tourism, Kostas Koumis has said the goal is to increase tourist arrivals to Cyprus this year by 5% to 10% compared to 2022
08:49 - 23 March 2023
The Cyprus Composite Leading Economic Index recorded a year-over-year decrease of 0.9% in February 2023
14:52 - 22 March 2023
Herodotou asked Chief Operating Officers of Cypriot-based banks to provide timely loan restructurings and reassess their data concerning deposit interest rates
07:50 - 22 March 2023
Minister for Agriculture Petros Xenophontos has stressed the need for medium and long-term measures to support farmers so they can cope with the impact of the Russian invasion
12:18 - 21 March 2023
Priority will be given to businesses without prior significant participation in research, technological development and innovation projects
09:18 - 21 March 2023
Compared to January 2023, the index recorded an increase of 0.06%
08:23 - 21 March 2023
This was the sixth consecutive year that Cyprus has participated GEM while through its participation in the GEM consortium, the island has been placed on the global map of entrepreneurship and innovation
13:37 - 20 March 2023
Credit Suisse shares slumped 62% while UBS lost 7.1% after a day of heavy selling in Asian financial markets as early investor optimism about official efforts to stem a banking crisis quickly evaporated
13:25 - 20 March 2023
The aim is to raise awareness on the importance of financial education of the public and especially young people
13:02 - 20 March 2023
The two main components of labour cost, wages and salaries per hour worked and non-wage costs per hour worked, increased by 3.7% and 4.1% respectively, year on year
11:52 - 20 March 2023
According to a Finance Ministry announcement, the surveillance, which will conclude on 22 March, will assess Cyprus’ economic, fiscal and financial performance
11:31 - 20 March 2023
A new major development is set to materialise in Nicosia, aiming to boost the island's renewable energy sector
11:25 - 20 March 2023
The Senior Advisor to the ESM’s Chief Economist, Wim Van Aken, along with IMF’s mission chief for Cyprus, Wojciech Maliszewski, met with Finance Minister Makis Keravnos during an official visit to the island
11:14 - 20 March 2023
In January-February 2023, the HICP rose by 6.8% compared with the corresponding period of the previous year
10:30 - 20 March 2023
UBS Chairman Colm Kelleher said the acquisition of Credit Suisse is an attractive investment for the company’s shareholders, but above all it is an emergency rescue
09:30 - 20 March 2023
Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal.
08:12 - 20 March 2023
