Cyprus banks are burdened with the second highest Non-Performing Loan (NPL) ratio in the European Union after Greece, according to the European Banking Authority (EBA). The EBA’s risk dashboard for Q1 2019
Officials from the parliaments of Cyprus and Armenia met on Thursday and discussed ways of closer cooperation, especially within parliamentary organisations in which the two countries participate, in the light of Armenia’s
Europe’s largest integrated casino resort (ICR) is on track to open in Limassol in late 2021 but the cost will exceed the initial budget of €550 mln to around €600 mln, Melco
A draft bill to regulate blockchain technology in Cyprus should be ready before the end of the year, as part of Cyprus’ national strategy for blockchain, Finance Minister Harris Georgiades said on
Brussels has reassured Cyprus the European Commission will do what needs to be done in the form of concrete action against Turkey`s continued illegal drilling activities in Cypriot waters. European Commission Vice
Cyprus hoteliers are counting their losses as the first half of the year comes to a close with bookings in decline and unlikely to recover. Although the decline varies from town to
Cyprus Justice Minster George Savvides lent his support to British bases (SBA) police’s anti-drugs charity concert at the Curium Amphitheatre which raised more than €30,000. It took place under the auspices of
Cyprus is at the lower end of the EU scale when it comes to the employment rate for tertiary education graduates aged 20-34. In 2018, for graduates aged 20-34 in the EU
In just over a year since the Melco-backed Cyprus Casinos started operating on the island they are expecting to register one-million-customer-benchmark next month. Craig Ballantyne, the Property President of Cyprus Casinos (C2)
The number of Cyprus registered unemployed at District Labour Offices, decreased by 20.4% or 4,848 in June 2019 compared to a year ago, according to official data. Registered unemployed in June reached
