Non-performing loans (NPLs) in the Cyprus banking system declined to €8.97 bln in 2019 but the NPL rate was still 27.9% of all loans. According to data released by the Central Bank
The Cyprus government announced an ‘improved plan B’ with a major input from the European Investment Bank to rescue the economy hurt by the coronavirus pandemic with loans worth €1.7 bln, as
As a result of the coronavirus pandemic, April and May 2021 have become the most popular months for Britons to book a package holiday and Cyprus is top of their list. That’s according to
For the second time since the coronavirus outbreak in March, Cyprus has recorded zero COVID-19 cases as it gears up to welcome foreign tourists. No COVID-19 cases were recorded on Wednesday from
Cyprus seeks to woo tourists post-coronavirus lockdown by pledging to cover medical costs of visitors who test positive for COVID-19 while enjoying a holiday on the island. The unusual move is outlined
The European Bank for Reconstruction and Development, the EU’s indirect investment arm in developing markets, is helping a Turkish Cypriot detergents maker in the north cope with increasing demand, including spiralling demand
Greek and Turkish Cypriot experts on COVID-19 will exchange information next week about the epidemiological situation on both sides of Cyprus’ divide that will allow crossings to reopen. Ideas will be discussed
The search for alternative finance has taken a new urgency following the collapse of the government’s efforts to pass the bank-loan guarantee legislation, leaving thousands of businesses, big and small, at the
Real estate prices in Germany have never, since the property price index began in 2004, increased as sharply as from 2019 to 2020, according to a new infographic from Kryptoszene.de, the cryptocurrency
Industrial giant Siemens AG has been chosen as the preferred bidder to build the Cyprus-Greece electricity connection, with regulators discussing issues of interoperability to ensure linking their national grids goes ahead smoothly.