Τhe Mediterranean island destinations of Malta and Cyprus maintained the highest rates of non-resident stays in hotels and other units in the European Union last year, with foreign visitors and tourists accounting
Credit constraints for German companies fell to 17.1% in January from 17.4% last month, marking a new historical low, according to a new study. The financing conditions for German companies remain excellent
The Industrial Production Index dropped by 3.7% in November 2014, compared to November 2013, the Statistical Service said on Thursday. The Index reached 66.4 units from its initial base of 100 set
Digital Cyprus, a web-based open-source platform to host all information about Cyprus, will be available to the public by the middle of the year. The platform, which is currently only accessible to
The loans-to-deposits ratio of the island’s banking system widened in December, the first month that the Central Bank of Cyprus issued monetary statistics on the basis of the new regulations and the
Trade union reps from the state-owned Cyprus Telecommunications Authority (Cyta), one of several utilities slated for privatisation over the next four years, told officials from the Troika of international lenders that they
Cyprus wants to boost its role as a regional maritime transport hub, building bridges between Europe and its bridges, as the government speeds up plans to privatise its two main commercial ports.
Crude oil prices were stuck at week-long levels with Brent trading at just above $48 a barrel in Asian markets, as OPEC and other producers refused to cut output and U.S. stockpiles
Bank of Cyprus, the island’s premier lender that underwent two waves of capital raising and has changed owners several times, said it cannot compensated holders of capital securities who saw €600 mln
While the drop in oil prices will likely cause Abu Dhabi's (Aa2 stable) economic growth to slow in 2015 and put an end to four consecutive years of double-digit fiscal surpluses, the
