Cyprus gets first planetarium

The government remains committed to implementing the National Space Strategy and investing in research and technology, said President Nikos Christodoulides when inaugurating the first Cyprus Planetarium. He said the government has a coherent

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New bank loans decline

Total new loans decreased to €473.9 mln in April, compared with €922.5 mln in the previous month, as the credit squeeze tightens, the Central Bank of Cyprus said. Regarding deposit rates, it

IMF: slower growth, inflation to persist

The economy of Cyprus is expected to slow to 2.5% GDP in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, the International Monetary Fund

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President says Ayia Napa assault not racist

There were no racist motives behind the incident involving Greek Cypriots who allegedly assaulted a 25-year-old Turkish Cypriot woman in Ayia Napa, President Nikos Christodoulides told Turkish Cypriot leader Ersin Tatar. The President phoned Tatar to

Assessing the debt limit deal

By Moody’s Analytics   President Biden and House Speaker Kevin McCarthy announced over the Memorial Day Weekend an agreement in principle to limit federal spending and suspend the debt limit. The House of

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Game over on energy plans

It is difficult to keep up with the rapidly evolving geopolitical developments in the region, especially when you are a small player on a bigger game board. Cyprus’ energy discoveries remain unutilised

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