Cyprus witnessed Europe’s largest annual decrease in unemployment when the rate in July dropped to 7.7% from 10.7% the year before, according to Eurostat. This means the number of registered unemployed in
Standard and Poor’s has upgraded Bank of Cyprus’ long-term credit rating to B+ from B citing the sale of non-performing exposures (NPEs) amounting to €2.7 billion and the pricing of an Additional
A 44-year-old British woman in the north of the island has been arrested for filming her children for online paedophiles, according to Turkish media reports. An anonymous internet user in the UK
Forty-four former Co-op branches are to close in September as the Hellenic Bank buy-out starts to take physical shape as a once illustrious institution bites the financial dust. The 40-odd closures are
Cyprus’ cabinet meeting on Thursday agreed to push forward with promoting the advancement of Blockchain technologies to enhance the digital economy. Government Spokesman Prodromos Prodromou said ministers agreed to task an ad
Leading Russian bookmaker, Fonbet seeks to expand its presence in Cyprus after the €1 mln exclusive sponsorship deal it sealed with resurgent football club Omonia, which will give it the necessary brand
According to Cyprus Transport Minister Vasiliki Anastasiadou the state budget allocated for noise reduction on the island’s road network is insufficient for comprehensive coverage. Whereas, according to the Ministry, a total amount
Britain is making contingency plans to build a port in Cyprus to service its sovereign military bases on the island to safeguard against a disorderly Brexit next year. According to a report
Limassol’s Municipal Gardens will light up on Friday to welcome thousands of visitors to taste and enjoy Cyprus wines at the 57th annual Wine Festival. The Festival is watched over by the
By Hussein Sayed, Chief Market Strategist, FXTM Sterling traders were caught by surprise on Wednesday after the EU’s Chief Brexit negotiator Michel Barnier said, “we are prepared to offer a partnership
