Credit Suisse to borrow up to $54b from Swiss central bank
The lender said it was taking decisive action to strengthen its liquidity as it looked to become a simpler bank.
07:43 - 16 March 2023


Its €310m repayment to the state for the same year is also considered the highest annual payment made so far
08:29 - 15 March 2023

Finance Minister Makis Keravnos was addressing the Economic and Financial Affairs Council of the EU (Ecofin) in Brussels
08:15 - 15 March 2023

16:22 - 14 March 2023

The scheme is currently being assessed by the European Commission’s Directorate-General for Competition (DG Comp) to ensure it is in line with the EU’s state sponsorship regulations
16:14 - 14 March 2023

The Deputy Ministry of Shipping and the Cyprus Shipping Chamber have reaffirmed their cooperation in efforts to further develop the Cypriot shipping industry.
07:55 - 14 March 2023

Trade deficit reached €1,393.3m in January compared to €528.7 million in the same month of 2022, recording an increase of 163.5%
15:26 - 13 March 2023

The decline was attributed to the transfer of Hourly Paid Workers from the Ministry of Health to the State Health Services Organisation, as of January 2023
13:42 - 13 March 2023

"Studies indicate that poor financial decision-making, including excessive risk-taking by individuals, preceded financial crises in the past"
10:31 - 13 March 2023

It is also in “constant consultation and are working towards the implementation of the mortgage-to-rent as soon as possible”
09:52 - 13 March 2023

The President gave credit to the previous government for all the work that has been done to lead to this positive result, while pledging to continue on the same path
09:43 - 13 March 2023

By one notch to ‘BBB’ with a stable outlook, citing outperformance of fiscal balance and growth rate
08:44 - 13 March 2023

The Ministry of Finance of the Republic of Cyprus and the Ministry of Investment of the Kingdom of Saudi Arabia are strengthening the two countries' economic ties and investment opportunities.
08:39 - 13 March 2023

Stavros Zenios professor of Finance at the University of Cyprus said he sees a small risk for a fallout to Europe from the collapse of US Silicon Valley Bank (SVB).
08:25 - 13 March 2023

Minister of Finance Makis Keravnos is in Brussels to take part in the Eurogroup and Ecofin meetings.
08:13 - 13 March 2023

The House has rejected a bill delaying property foreclosures for another three months.
10:41 - 10 March 2023

He was addressing a ceremony for the presentation of the Cyprus Human Resources Development Authority’s report titled “Projections for demand and supply in the Cypriot labour force 2022-2032”
09:40 - 10 March 2023

The number of building permits and total area recorded a significant decrease in 2022 compared with the previous year
08:13 - 10 March 2023

Larnaca Mayor, Andreas Vyras, has told CNA he believes the Larnaca-Piraeus sea connection, which will begin in August, will generally help the tourism of Cyprus.
13:55 - 09 March 2023