Cyprus lost €25 mln in revenue from the ship management sector in the first half of 2023 but saw an increase of 9% year-on-year to €623 mln, the second-highest level in five
Cyprus has received 160 foreign nationals airlifted to the island from war-torn Israel on a Portuguese military transport plane, with Austria also permitted to operate rescue flights, officials said Wednesday. Portugal has
A fresh trial of key figures accused of selling Cypriot passports to dubious investors, exposed by an Al Jazeera sting, was launched Wednesday, with the prosecution dropping charges against lawyer Andreas Pittadjis,
By Han Tan, Chief Market Analyst at Exinity Group Markets will be looking to the incoming FOMC minutes and US CPI data for more signals on the Fed policy outlook. Should either
The Central Bank of Cyprus raised the level of capital buffers that the Bank of Cyprus and Hellenic Bank need to maintain due to their systemic importance to the sector. CBC concluded
The European Investment Bank (EIB) appointed a Vice President from Cyprus to its Management Committee for the first time. According to a statement, economist Kyriakos Kakouris succeeds Lilyana Pavlova, who served as EIB
International Monetary Fund (IMF) World Economic Outlook forecasts that Cyprus’ growth rate for 2023 will slow to 2.2% GDP, down from the 2.5% it had projected in April. For 2024, the IMF
The Cyprus Museum launched an audioguide service in Ukrainian as the seventh language option in its audio guide devices. A ceremony for the official presentation of the audioguide in the Ukrainian language
The Audit Office fuelled controversy surrounding Paphos airport after Mayor Phedon Phedonos posted video footage of long queues at passport control, describing the situation as “dreadful” and calling for accountability. “It’s tragic
The European Union has joined the government and, surprisingly, the Turkish Foreign Ministry in welcoming the UN-brokered agreement on the Pyla road dispute as bringing mutual benefits. Posting on the X platform,
