Cyprus and Lithuania raised concerns over the construction of nuclear power plants in Turkey and Belarus during the EU Transport, Telecommunications and Energy Council. The interventions were made during the discussion on
Cyprus has shown improvements in combating money laundering and terrorism financing but could do more, according to the evaluation by the Council of Europe’s monitoring body MONEYVAL. The anti-money laundering and counter-terrorist financing
The government is pushing forward with plans to introduce an expedited foreclosure court to fast-track financial disputes between borrowers and banks, affording some protection for 20,000 mortgaged primary residences. On Monday, a
Cyprus recorded the third largest annual drop in road deaths and serious injuries in the European Union, while the majority of states failed to reduce their figures. In 2022, the authorities reported
The largest proportion of general government gross debt held by non-residents was recorded in Cyprus (93%) in 2022, compared to EU countries for which data are available, according to Eurostat. After Cyprus, the
While property prices and rents rise due to a shortage in supply, some 33,000 homes across the island are unused, the Cyprus Technical Chamber ETEK, advises the government to introduce incentives for
Winless Cyprus face Champions League winner Erling Haaland and an out-of-form Norway in Tuesday’s Group A Euro 2024 qualification fixture. Cyprus hopes to get off the mark in their fourth group game
Under the fear of an increase in Non-Performing Loans, as the European Central Bank continues to push interest rates up, a heated debate is brewing over the right of defaulted borrowers to
Bank of Cyprus Oncology Centre is now a full member of the 120-strong Organisation of European Cancer Institutes (OECI), signalling its commitment to quality care. The Centre said this development is important as
International rating agency, Fitch, affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ assigning a Stable Outlook, assuming that fiscal surpluses continue despite an economic slowdown. Furthermore, the agency revised upward
